BYDDY News and Press, BYD Co Ltd ADR From 08/28/23

2023-08-28 16:30:08 ET Summary JBL is selling its Mobility China business to BYD for $2.4 billion. That equates to an estimated 16% of Jabil's entire market cap and an estimated ~15% of Jabil's entire enterprise value. Even if the company decides to allocate only 50% of the pr...

2023-08-23 21:27:40 ET Summary BYD is powering the battery electric vehicle industry with their success in lithium iron phosphate (LFP) batteries. BYD and Tesla together accounted for 68% of LFP battery deployment in newly sold electric vehicles in 2022. Ford has partnered wit...

2023-08-16 13:37:39 ET Summary Tesla, Inc.'s future financial outlook is uncertain due to macroeconomic conditions, including tightening auto loan standards and rising interest rates. The decline in used car prices and the potential for further price cuts suggest that Tesla's marg...

2023-08-15 19:36:14 ET Summary Tesla, Inc.'s recent Q2 financial report showed a 47% YoY increase in revenue, but the stock dropped by 10% on the announcement. Tesla currently accounts for 16% of the electric vehicle market share and aims to increase its market share further. ...

2023-08-15 03:59:00 ET Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$325B to ~$348B in Q2 2023. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~3.92M Cl...

2023-08-07 21:52:49 ET Summary Li Auto leverages a unique 'range extender' technology to alleviate range anxiety, leading to significant sales growth and market approval. Recent subsidy shifts in China favor merit over quantity, benefiting innovative companies like Li Auto. Li...

2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...

2023-07-29 12:00:00 ET Summary Despite the recent correction following the fiscal Q2 2023 earnings call, Tesla, Inc. stock still has managed to retain much of its premium and recovery from the January 2023 bottom. Elon Musk's plan to flood the market with Tesla EVs appear to be wo...

2023-07-26 14:39:09 ET Summary I have been working to reduce the number of equities in his portfolio for easier tracking and analysis and to (hopefully) boost his total returns. As a result, I recently sold shares in the iShares Self-Driving EV & Tech ETF to take advantage of ...

2023-07-25 07:45:14 ET Summary NIO’s vehicle deliveries in Q2 were down Q/Q and Y/Y. While the company managed to secure funding from external sources, most of that funding will be gone in a single quarter at the current cash burn rate. At the same time, margins are lik...