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☨St Louis IX opposed paganism, hæresy \x26 debauchery
China Observer
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Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Is China's EV Market Doomed? 1.06M Units in Stock! Foxconn Charges Into EVs, Buffett Unpluges BYD" video.
I wonder why they don't sell those electric vehicles more inexpensively instead of keeping them as permanent inventory to eventually be 'piled up'; especially since they would likely still be able to make a profit by selling their electric vehicles inexpensively because of the significant subsidies they're receiving.
25
Many of the vehicles will inevitably be unable to be sold after sitting out in rubbish dump sort of places for a long time.
8
how do the banks loaning them the money not realise that these companies are operating in a completely un free market, and that these EV companies are making far fewer sales and less revenue than they're claiming?
5
Many of the cars are so-called 'sold EVs'. They're not being kept as official assets of the EV companies and are non-appearing 'assets' on their balance sheets. This is because the car companies are claiming they sold the electric vehicles, whilst still storing them outside as though they're hardy plants.
5
Aye, indeed. He meant to say 'causing'. It's understandable.
5
what has Elon Musk done that has been very stupid, i.e. lacking intelligence - in your opinion?
3
It would make the ev brands look generous and more successful as their cool cars are seen being purchased and popularly driven on roads (i.e. reliable and trendy).
3
what do you mean??? Additionally, there are many European places in A'a that are ultimately situated upon that Afcn continental tectonic plate.
1