irvinehomeowner
Well-known member
The sale reduced Berkshire’s holding to 6.9%, from 7%.
Is that right? A whopping .1% reduction?
ICE or EV?
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The sale reduced Berkshire’s holding to 6.9%, from 7%.
Is that right? A whopping .1% reduction?
Fisker was doubtful and spiraled downward from there. They tried a last minute save with Nissan but calmer heads prevailed.
VinFast does not look good to me but the backers seem to have very deep pockets.
Hyunda/Kia is already proving morekaos wrong and GM has new EVs out with more on the way.
Rivian has a roadmap for cheaper EVs, but can they make it.
I'm still unsure about Lucid.
Come back when you understand what the scorecard is actually about.
There are better EVs supported by an in-business company for around that price.
I'd probably consider it otherwise. So far my 2019 has had 0 issues (well, occasionally i've had to reboot the infotainment screen), 0 maintenance, charge at home, get free charging at work if I want to deal with the hassle, got a big tax credit, etc.
It's not as nice as my BMWs, but for the price and what you get, it's a better deal imo. Can't imagine paying 50k+ for a luxury car that gives you a honda civic engine and a ~6.0 second 0-60.
The sale reduced Berkshire’s holding to 6.9%, from 7%.
Is that right? A whopping .1% reduction?
irvinehomeowner
Well-known member
I did read the article... you are trying to imply a recent sale demonstrates Buffet seeing a recent downtrend.
And maybe the reason why he sold in 2022/23 was because BYD sales and stock was soaring... but his most recent sale was barely a blip (.1%).
Keep slinging the nothing burgers.
And maybe the reason why he sold in 2022/23 was because BYD sales and stock was soaring... but his most recent sale was barely a blip (.1%).
Keep slinging the nothing burgers.
irvinehomeowner
Well-known member
Despite "downtrend"... Hyundai still pushing EVs:
electrek.co
That and Kia building the lower cost EV3 in Mexico to enable NA $7500 cheese credit.
Incentive baby incentive!
Hyundai says EVs are 'top priority' in the US with massive $7.6B Metaplant opening soon
Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla...
electrek.co
That and Kia building the lower cost EV3 in Mexico to enable NA $7500 cheese credit.
Incentive baby incentive!
morekaos
Well-known member
You clearly don’t understand how Buffet invests. He doesn’t trade out of the stock because it increases in value, if anything he increases positions when stocks do that. Otherwise, he would’ve traded out of Coke and Disney long ago. The only reason Buffett sells something is because he doesn’t like its future.
irvinehomeowner
Well-known member
But he didn't sell it all.
And just the fact he owns so much of it should tell you something.
But I realize you can't be objective, this is such a reach. Nothing to see here.
And just the fact he owns so much of it should tell you something.
But I realize you can't be objective, this is such a reach. Nothing to see here.
morekaos
Well-known member
Wrong again...this is what Warren does when he sees growth…he presses his bet…Oil is and will continue to be the future of energy and he knows it…
Warren Buffett buys Occidental shares for 9 straight days, pushes his stake to nearly 29%
Warren Buffett’s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving his gigantic stake in the Houston-based oil and gas producer to almost 29%, according to regulatory filings.
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morekaos
Well-known member
irvinehomeowner
Well-known member
Fisker was doubtful and spiraled downward from there. They tried a last minute save with Nissan but calmer heads prevailed.
VinFast does not look good to me but the backers seem to have very deep pockets.
Hyunda/Kia is already proving morekaos wrong and GM has new EVs out with more on the way.
Rivian has a roadmap for cheaper EVs, but can they make it.
I'm still unsure about Lucid.
morekaos
Well-known member
wrong again, this is the scorecard from February and it’s only gotten worse. The only reason the legacy manufactures are doing OK is they’ve re-thought their position on EV‘s are pushing what makes some money ICE and hybrids. You’ve even had your clock cleaned on Tesla…. that scorecards is a total disaster, unless you were short.To put this into perspective…if you went long this entire portfolio Sept 1, 2023 it would be a total disaster!!! If you were short…you would be a guru hero!
EV scorecard: September 1, 2023
Tesla IHO wins $245.01-$200.93
Rivian IHO yes, morekaos no $23.31-11.00
Lucid IHO neutral, morekaos no $6.36-3.17
Chinese EVs (BYD,Nio,etc) IHO yes, morekaos no
BYD $64.03-51.18 NIO $11.00-5.76
VinFast IHO no, morekaos no $29.50-5.61
Fisker IHO doubtful, moreaos ? $5.96-0.65
Big 3 IHO yes, morekaos doomed
GM $33.54-40.14 F $12.14-12.03
STL $18.23-26.25
Big 3 Asian (Honda, Toyota, Hyundai/Kia) IHO yes, morekaos no
HMC $32.33-35.23 TM $172.51-237.27
HUN $85-$57.81
Euro IHO yes, morekaos no
VOLVO $20.00-25.98 VOLK $125.30 - $124.22
The Motor Court Company
Well-known member
looks like Newport Fisker has a few inventory for the Oceans under $40k. Is it worth taking a chance?
momopi
Well-known member
irvinehomeowner
Well-known member
Uh... here you are back to stock prices.wrong again, this is the scorecard from February and it’s only gotten worse. The only reason the legacy manufactures are doing OK is they’ve re-thought their position on EV‘s are pushing what makes some money ICE and hybrids. You’ve even had your clock cleaned on Tesla…. that scorecards is a total disaster, unless you were short.
Come back when you understand what the scorecard is actually about.
irvinehomeowner
Well-known member
Nope.
There are better EVs supported by an in-business company for around that price.
morekaos
Well-known member
again, because stock prices are the ultimate third-party arbiter of success or failure. Nothing says failure more than a zero stock price, as Fisker shows us today.
irvinehomeowner
Well-known member
So then how were you calling Telsa doomed when prices were soaring? Stocks are a point in time indicator so it requires other variables.
CalBears96
Well-known member
Well, this is interesting:
electrek.co
Tesla Model 3 Long Range gets access to federal tax credit, now starts at $40,000
Tesla Model 3 Long Range has now officially become eligible for the $7,500 federal tax credit for electric vehicles. With...
electrek.co
ThirtySomethingWEquity
Active member
I really like the model 3, I think it's great bang for buck. But the new one having no stalks really bugs me.Well, this is interesting:
Tesla Model 3 Long Range gets access to federal tax credit, now starts at $40,000
Tesla Model 3 Long Range has now officially become eligible for the $7,500 federal tax credit for electric vehicles. With...
I'd probably consider it otherwise. So far my 2019 has had 0 issues (well, occasionally i've had to reboot the infotainment screen), 0 maintenance, charge at home, get free charging at work if I want to deal with the hassle, got a big tax credit, etc.
It's not as nice as my BMWs, but for the price and what you get, it's a better deal imo. Can't imagine paying 50k+ for a luxury car that gives you a honda civic engine and a ~6.0 second 0-60.
irvinehomeowner
Well-known member
I am actually anti-Tesla on their products now.
I'm still pro-Tesla for what they do for EV adoption, but the changes they have done (like the signal stalks and no physical drive selector) won't see me driving any Tesla in the near future.
I'm still pro-Tesla for what they do for EV adoption, but the changes they have done (like the signal stalks and no physical drive selector) won't see me driving any Tesla in the near future.