Yoga

joined 4 months ago
[–] [email protected] 5 points 16 hours ago* (last edited 16 hours ago)

NOOOOO don't look at P/E ratios (the auto sector has always had extraordinarily low P/E ratios) you have to look at relative PEG ratios!

At least that was the copium years ago. Now that their sales growth has petered out globally (even before all of the President Musk backlash) and China has free-money'd their way to a technological advantage for EVs I don't even understand it anymore. The other automakers are either caught up or rapidly approaching and the thing I've been saying for years (PHEVs are superior to BEVs for most people) is being proven true.

Before I called it hysteria and FOMO and blind optimism but now I just don't get it.

[–] [email protected] 7 points 16 hours ago (2 children)

Relatively speaking, Tesla is far less overvalued than in the past.

At one point their market cap exceeded every other automaker in the world COMBINED.

That might make sense if they were making unprecedented loads of money but of course they got trounced in sales compared to Toyota then and now.

[–] [email protected] 5 points 16 hours ago

Serbia winning big with largest increase.

Any Serbians able to weight in on why?

[–] [email protected] 5 points 23 hours ago (1 children)

China recently retaliated to the long standing tariffs we placed on their EVs.

I think there are a lot of potential issues regarding privacy and security and Chinese EVs.

A tariff is not a solution to those problems. Having privacy and security mandates FOR EVERYONE to follow would be a good thing.

[–] [email protected] 13 points 1 day ago (1 children)

PP actually has a clean history because he was grown in a conservative party test tube

[–] [email protected] 1 points 1 day ago

Time to invest in low cost single use attack drones that are rated to work in -70C

Shahed drones supposedly stopped working in Ukraine due to cold weather. We need something bespoke and we'd have a competitive advantage for international sales.

[–] [email protected] 3 points 1 day ago (2 children)

Mind boggling how we went from Trump whining that we weren't spending enough to meet NATO targets now we're talking about "post-NATO" because of him.

[–] [email protected] 1 points 1 day ago

Asian males once again forgotten.

[–] [email protected] 2 points 1 day ago

It doesn't have a kill switch

Yeah it's more like a life support plug.

[–] [email protected] 9 points 1 day ago

Don't worry, they usually do, they just give you privilege of paying anyways.

Having worked in banking I can tell you it's a fee that is charged purely to punish people with limited cashflow. EQ bank is the only one I know of that doesn't have them.

[–] [email protected] 7 points 2 days ago* (last edited 1 day ago)

When your target demographic hates you is a lot different than the slaves that source your palm oil hating you.

It's not worse but the result is going to be a lot more whiners.

 

2 questions, feel free to answer one or both.

 

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