Comments by "D W" (@DW-op7ly) on "Nissan profits COLLAPSE 99% - will BYD or Geely save them from bankruptcy" video.

  1. I remember calculating the monthly cash burn rate for Tesla... Until they built a Gigafactory in Shanghai in less than a year. And then more importantly we're given the now largest EV market in the world. Even years later musk was sending Shanghai Gigafactory workers to America to help on production issues in the Gigafactories
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  2. Not if you understand there are still 200 EV car companies in China And these companies are doing what they did in countless other industries The only difference is the manufacturing and market is in China right now Also there are a lot of factors 30 million cars are sold in China every year… this year only 10 million are EVs so there is lots of growth you can expect still in just China alone The Chinese Government is cracking down on real estate/speculation because too many people own more than 1 home in their cities while the Chinese people are stashing away around 2.6 trillion USD a year into their bank accounts While their Chinese Government is actively working encouraging them to invest in green, clean, renewable etc technologies of the future like EV cars (where China leads the world in these 37 of 44 critical technologies of the future already) And most importantly of all the Chinese Government wishes for a EV industry (but the Chinese Government has signalled 200 EV companies is too much) But judging from the fact it took them 14 years to reign in real estate bubble We might be in for a long wait for the herd to thin out
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