Comments by "Michael Nurse" (@michaelnurse9089) on "BYD's rivals are panicking after Shark pickup truck selling way below cost" video.

  1.  @Chrislayeruk1  Dying brands always have this issue. Rising brands like BYD will have plenty of parts on hand.
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  2. How do you not not know it is well below cost?
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  3. The taxpayer must fund the loss. Taxpayers eventually revolt. If the Republicans win you will know that the in the US the taxpayers revolted.
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  4. The whole of China operates at a loss. They take most of the proceeds of exports and invest them into US bonds to keep their currency low. That is how they compete. That is why they must work 996 to rent a two bedroom flat over 99 years.
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  5. "Its latest gross margin on cars is 25%" Off the books the CCP is paying them and giving them free land, electricity, labour. Anyone can make a profit on the books, the real trick is to make an economic profit. This is why they sell more than Tesla and the market cap is 10% of Tesla. You can't fool the market as to your real margin.
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