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Samson Soturian
Bloomberg Originals
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Why China’s Electric Car Lead Has Been a Long Time Coming" video.
It was published today... During China's energy crisis.
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That should show you how much thought went into this.
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Tesla has a gigafactory in Shanghai and surrendered its blueprints. The catch being Tesla factories require tens of billions in equipment and quality control that no Chinese company has. So instead... these guys started harassing Tesla factories and employees with fraudulent complaints and vandalism.
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Incompetence.
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This is a super ironic article to publish when China's housing and electricity market has collapsed as they were researching this article. If they researched this article...
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And investments with guaranteed returns count as debt unless you're Evergrande.
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Except China's green energy claims are largely fraudulent.
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Except it's buying into fraudulent claims that were debunked years ago.
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Come on. This article is about as well researched as a Reddit post.
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How can you talk so much but say so little?
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@pacificalliance3782 you mind lending me that crystal ball when you're done with it? You can't even guarantee they'll be Communists 30 years from now.
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@freemanol that reflects your worldview, no necessarily anyone else's
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@freemanol how can you talk so much but say so little?
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India's NIFTY 50 lags behind the S&P 500, but is highly correlated to the S&P 500.
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You mind lending me that crystal ball when you're done with it?
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Poorly research article that reprints debunked market forecasts as fact. Tesla's Chinese factories are being physically harassed by their competitors because no Chinese factory has the money or the equipment to make a Tesla knockoff despite having the blueprints. There was one case where a municipality put up a bunch of fake solar panels in order to get construction companies owned by cronies some work. The restrictions China put on coal is part of the reason for their electricity crisis as we speak as green energy production fell far short of demand. And yes, China is so dependent on coal and natural gas that many towns have gone completely dark due to its shortage. And that's all besides the article relying on debunked economic data for its forecast on the Chinese economy. You might as well say the guys making fake Rolexes could build better watches than Rolex.
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@Fauzanarief-n7i They literally bring nothing new to the table. And the turnover for Chinese large cap stocks is pretty high. Like come and go within 25 years.
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It was published today.
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Literally. There's no original research here at all.
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