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Michael Nurse
The Electric Viking
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Comments by "Michael Nurse" (@michaelnurse9089) on "The End of Toyota u0026 VW? How BYD is Leading the EV Charge!" video.
Toyota could default on the loan. Then the debtholders become shareholders. Fixed costs are normally sunk costs - in other words, they money has all been paid. Plant, R&D - these dwarf things like rent and fixed staff. None of this helps with not having a competitive EV - which is the real problem.
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He invests everything in Tesla which gives him credibility. Have you invested everything in Toyota/VW? If, not, you lack credibility.
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You can't just look at the model. You have to also look at the profit on the model.
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If we were to dress a monkey in a suit and groom it meticulously, would you then take note?
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BYD has an blank cheque when it comes to EVs. The CCP is putting all their spare cash into EVs.
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Debunked as fake news. Oil companies pay PR firms to spread that message.
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Ad hominum
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No. Every major manufacturer is a jobs for votes program designed to transfer government money into jobs for loyal voters. Ford, GM, VW, Toyota, Stellantis. All are circling the drain in the face of real competition. i.e. Tesla and China
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