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cikgu
2023-03-20
This just make me happy only
If You Had Invested S$10,000 in this Healthcare REIT 10 Years Ago, Here’s How Much You Will Have Now
cikgu
2023-03-01
Wow is a good idea.
Sorry, the original content has been removed
cikgu
2022-12-15
Can I get it?
Go to Tiger App to see more news
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just make me happy only ","listText":"This just make me happy only ","text":"This just make me happy only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943188079","repostId":"2320521529","repostType":2,"repost":{"id":"2320521529","kind":"highlight","pubTimestamp":1679276182,"share":"https://ttm.financial/m/news/2320521529?lang=&edition=fundamental","pubTime":"2023-03-20 09:36","market":"sg","language":"en","title":"If You Had Invested S$10,000 in this Healthcare REIT 10 Years Ago, Here’s How Much You Will Have Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2320521529","media":"The Smart Investor","summary":"If you own the right REIT for over a decade, you’d be amazed at the wealth you can generate.","content":"<html><head></head><body><p>It’s amazing how much wealth you can generate if you hold on to the right stock over many years.</p><p>Compounding is one of the wonders of investing that you rely on to grow your wealth if you have patience and discipline.</p><p>We demonstrated this logic with <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank Ltd</a> and found out that you can garner a total return of 113.3% over 10 years.</p><p>If you had done the same with <a href=\"https://laohu8.com/S/H02.SI\">Haw Par Corporation Limited</a>, which owns the Tiger Balm brand, your returns will be been even more impressive at 177% over a decade.</p><p>This feat isn’t limited to just blue-chip banks or conglomerates, though.</p><p>It is possible to repeat the same achievement with REITs, too.</p><p>One great example is <a href=\"https://laohu8.com/S/C2PU.SI\">Parkway Life REIT</a>.</p><p>The healthcare REIT has increased its core dividend consistently and without fail since its IPO in 2006.</p><p>Let’s take a look at how much you will have if you parked S$10,000 in Parkway Life REIT a decade ago.</p><h2><b>A steady compounder</b></h2><p>10 years ago, Parkway Life REIT’s unit price was trading at S$2.36.</p><p>A S$10,000 investment will buy you around 4,237 units of the healthcare REIT.</p><p>The unit price has soared by 67.8% in the last decade to close at S$3.96 recently.</p><p>Your initial S$10,000 would have grown to around S$16,779.</p><p>But let’s not forget the many years of distributions you will receive from owning the REIT for 10 years.</p><p>These distributions add up to an impressive S$1.2934 per unit, which translates into cash of S$5,480 that will flow directly into your bank account.</p><p>If you add up the S$16,779 with the distributions you receive, you will get a total value of S$22,259.</p><p>When compared with your initial capital of S$10,000, this works out to a total return of 122.6%.</p><p>The compound annual growth rate (CAGR) for your investment stands at 8.3%, which more than beats the core inflation rate of 5.5% that was reported in January 2023.</p><h2><b>Enjoying enduring tailwinds</b></h2><p>You may argue that this impressive return is historical, and you will be right.</p><p>However, it’s useful to dig a little deeper into this REIT to assess if it has the characteristics to repeat its stellar performance.</p><p>The REIT’s portfolio comprises three Singapore hospitals worth S$1.44 billion along with 57 nursing homes in Japan valued at around S$758.5 million as of 31 December 2022.</p><p>Both Singapore and Japan have populations that are ageing rapidly.</p><p>In Singapore, the proportion of citizens aged 65 and above rose from 11.1% in 2012 to 18.4% in 2022 and is projected to make up a quarter of the population by 2030.</p><p>Japan faces a similar problem as roughly 40% of its population will be 65 and older by 2050.</p><p>Because of this trend, Parkway Life REIT will enjoy a long-term tailwind as its assets will cater to this demographic.</p><h2><b>Insulated against higher interest rates</b></h2><p>In an environment of rising interest rates, you may be concerned that Parkway Life REIT may have to grapple with higher finance costs that may erode its distributable income.</p><p>A quick check shows that the healthcare REIT’s all-in debt cost was very low at just 1.04% as of 31 December 2022.</p><p>Moreover, the REIT enjoyed a very high interest cover of 18.3 times and had just issued two floating-rate notes at an interest rate of below 1% per annum.</p><p>With these metrics, Parkway Life REIT should be confident of insulating itself from a sharp rise in finance expenses.</p><h2><b>New master lease agreements</b></h2><p>Parkway Life REIT recently announced the signing of new master lease agreements for its three Singapore hospitals.</p><p>These leases will run for 20 years up till 31 December 2042 with an option to extend for another 10 years.</p><p>These new agreements provide more certainty for the REIT’s rental income and the manager has projected that its distribution per unit (DPU) will rise from S$0.1379 in 2020 to S$0.1826 by the end of the fourth year after the transaction closes.</p><h2><b>Get Smart: Keep calm and carry on enjoying the dividends</b></h2><p>Parkway Life REIT has been a solid compounder over the last decade.</p><p>If you had parked S$10,000 in the REIT back in March 2013, you will end up with a tidy sum of S$22,259.</p><p>The healthcare REIT looks well-positioned to continue growing its DPU and is also insulated from economic headwinds.</p><p>Investors can look forward to healthy returns if they buy and hold the REIT for the next decade.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If You Had Invested S$10,000 in this Healthcare REIT 10 Years Ago, Here’s How Much You Will Have Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You Had Invested S$10,000 in this Healthcare REIT 10 Years Ago, Here’s How Much You Will Have Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-20 09:36 GMT+8 <a href=https://thesmartinvestor.com.sg/if-you-had-invested-s10000-in-this-healthcare-reit-10-years-ago-heres-how-much-you-will-have-now/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s amazing how much wealth you can generate if you hold on to the right stock over many years.Compounding is one of the wonders of investing that you rely on to grow your wealth if you have patience...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/if-you-had-invested-s10000-in-this-healthcare-reit-10-years-ago-heres-how-much-you-will-have-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C2PU.SI":"百汇生命产业信托","U11.SI":"大华银行","H02.SI":"虎豹企业"},"source_url":"https://thesmartinvestor.com.sg/if-you-had-invested-s10000-in-this-healthcare-reit-10-years-ago-heres-how-much-you-will-have-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320521529","content_text":"It’s amazing how much wealth you can generate if you hold on to the right stock over many years.Compounding is one of the wonders of investing that you rely on to grow your wealth if you have patience and discipline.We demonstrated this logic with United Overseas Bank Ltd and found out that you can garner a total return of 113.3% over 10 years.If you had done the same with Haw Par Corporation Limited, which owns the Tiger Balm brand, your returns will be been even more impressive at 177% over a decade.This feat isn’t limited to just blue-chip banks or conglomerates, though.It is possible to repeat the same achievement with REITs, too.One great example is Parkway Life REIT.The healthcare REIT has increased its core dividend consistently and without fail since its IPO in 2006.Let’s take a look at how much you will have if you parked S$10,000 in Parkway Life REIT a decade ago.A steady compounder10 years ago, Parkway Life REIT’s unit price was trading at S$2.36.A S$10,000 investment will buy you around 4,237 units of the healthcare REIT.The unit price has soared by 67.8% in the last decade to close at S$3.96 recently.Your initial S$10,000 would have grown to around S$16,779.But let’s not forget the many years of distributions you will receive from owning the REIT for 10 years.These distributions add up to an impressive S$1.2934 per unit, which translates into cash of S$5,480 that will flow directly into your bank account.If you add up the S$16,779 with the distributions you receive, you will get a total value of S$22,259.When compared with your initial capital of S$10,000, this works out to a total return of 122.6%.The compound annual growth rate (CAGR) for your investment stands at 8.3%, which more than beats the core inflation rate of 5.5% that was reported in January 2023.Enjoying enduring tailwindsYou may argue that this impressive return is historical, and you will be right.However, it’s useful to dig a little deeper into this REIT to assess if it has the characteristics to repeat its stellar performance.The REIT’s portfolio comprises three Singapore hospitals worth S$1.44 billion along with 57 nursing homes in Japan valued at around S$758.5 million as of 31 December 2022.Both Singapore and Japan have populations that are ageing rapidly.In Singapore, the proportion of citizens aged 65 and above rose from 11.1% in 2012 to 18.4% in 2022 and is projected to make up a quarter of the population by 2030.Japan faces a similar problem as roughly 40% of its population will be 65 and older by 2050.Because of this trend, Parkway Life REIT will enjoy a long-term tailwind as its assets will cater to this demographic.Insulated against higher interest ratesIn an environment of rising interest rates, you may be concerned that Parkway Life REIT may have to grapple with higher finance costs that may erode its distributable income.A quick check shows that the healthcare REIT’s all-in debt cost was very low at just 1.04% as of 31 December 2022.Moreover, the REIT enjoyed a very high interest cover of 18.3 times and had just issued two floating-rate notes at an interest rate of below 1% per annum.With these metrics, Parkway Life REIT should be confident of insulating itself from a sharp rise in finance expenses.New master lease agreementsParkway Life REIT recently announced the signing of new master lease agreements for its three Singapore hospitals.These leases will run for 20 years up till 31 December 2042 with an option to extend for another 10 years.These new agreements provide more certainty for the REIT’s rental income and the manager has projected that its distribution per unit (DPU) will rise from S$0.1379 in 2020 to S$0.1826 by the end of the fourth year after the transaction closes.Get Smart: Keep calm and carry on enjoying the dividendsParkway Life REIT has been a solid compounder over the last decade.If you had parked S$10,000 in the REIT back in March 2013, you will end up with a tidy sum of S$22,259.The healthcare REIT looks well-positioned to continue growing its DPU and is also insulated from economic headwinds.Investors can look forward to healthy returns if they buy and hold the REIT for the next decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940948951,"gmtCreate":1677666424273,"gmtModify":1677666581515,"author":{"id":"4132109535085242","authorId":"4132109535085242","name":"cikgu","avatar":"https://community-static.tradeup.com/news/91d3280237bfef070f76e00806bce23d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4132109535085242","authorIdStr":"4132109535085242"},"themes":[],"htmlText":"Wow is a good idea.","listText":"Wow is a good idea.","text":"Wow is a good 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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921488491","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9943188079,"gmtCreate":1679278466691,"gmtModify":1679278744742,"author":{"id":"4132109535085242","authorId":"4132109535085242","name":"cikgu","avatar":"https://community-static.tradeup.com/news/91d3280237bfef070f76e00806bce23d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4132109535085242","authorIdStr":"4132109535085242"},"themes":[],"htmlText":"This just make me happy only ","listText":"This just make me happy only ","text":"This just make me happy only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943188079","repostId":"2320521529","repostType":2,"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940948951,"gmtCreate":1677666424273,"gmtModify":1677666581515,"author":{"id":"4132109535085242","authorId":"4132109535085242","name":"cikgu","avatar":"https://community-static.tradeup.com/news/91d3280237bfef070f76e00806bce23d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4132109535085242","authorIdStr":"4132109535085242"},"themes":[],"htmlText":"Wow is a good idea.","listText":"Wow is a good idea.","text":"Wow is a good idea.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940948951","repostId":"1129132853","repostType":2,"repost":{"id":"1129132853","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1677626093,"share":"https://ttm.financial/m/news/1129132853?lang=&edition=fundamental","pubTime":"2023-03-01 07:14","market":"us","language":"en","title":"Tesla Plant Gets Green Light in Northern Mexico","url":"https://stock-news.laohu8.com/highlight/detail?id=1129132853","media":"Reuters","summary":"MEXICO CITY, Feb 28 (Reuters) - Tesla Inc(TSLA.O)will build a new assembly plant in northern Mexico,","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4f3f3a16fc457e56e6a87cf6e5580658\" tg-width=\"4032\" tg-height=\"3024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>MEXICO CITY, Feb 28 (Reuters) - Tesla Inc(TSLA.O)will build a new assembly plant in northern Mexico, the country's president said on Tuesday, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal said by a source to be worth at least $1 billion.</p><p>President Andres Manuel Lopez Obrador said "the whole Tesla company" was coming to Mexico to build a "very big" automotive plant, noting that potential investment in batteries was still pending. He did not reveal what models it would produce.</p><p>One Mexican official said the plant would be a Tesla "Gigafactory" that could produce the Semi truck, Roadster sports car, and potentially other vehicles. Another official said the plant could produce a kind of sport utility vehicle (SUV). The Model Y is Tesla's best-selling SUV. Tesla will likely give details of its plans on Wednesday, Mexico's government said.</p><p>Lopez Obrador's announcement of the plant in the Monterrey metropolitan area dispelled recent concerns that he could upend the investment by imposing conditions on the company due to problems over a lack of water in the arid border region.</p><p>"This will represent a considerable investment and many, many jobs," Lopez Obrador told reporters, saying Chief Executive Elon Musk had been receptive to Mexico's concerns and made commitments on how to address the shortage of water.</p><p>That would in part involve Tesla recycling water used in the assembly process, the president said.</p><p>The initial investment will be worth around $1 billion and further phases could bring total spending to $10 billion, according to a Mexican source with knowledge of the matter.</p><p>Tesla did not reply to a request for comment.</p><p>The company has car factories in the U.S. states of California and Texas as well as in Berlin and Shanghai.</p><p>Musk has said for months that the EV maker will announce a new factory, and he is set to discuss expansion plans, next-generation vehicle platforms and other topics at an"Investor Day"event on Wednesday. The company is also expected to give details of a new, cheaper model of vehicle at the event.</p><p>The news is a boost for Mexico, which is working to establish itself asa hub for the so-called nearshoringof investment - capitalizing on geopolitical tensions and supply- chain disruptions caused by the COVID-19 pandemic by luring manufacturing capacity to North America, and away from Asia.</p><p>Lopez Obrador said Mexico and Tesla had reached agreement after a call with Musk on Monday, following a separate conversation he said the two held late last week.</p><h2>EYES OF THE WORLD</h2><p>The plant will be built in Santa Catarina in the greater Monterrey area, said the municipality's mayor, Jesus Nava, echoing reports that have circulated for weeks.</p><p>"Santa Catarina will have the eyes of the world," he said on Instagram. In another video, captioned "10 billion dollars" in bright red, Nava said Tesla's investment would be five times the private investment in the municipality over the past decade.</p><p>Mexican Foreign Minister Marcelo Ebrard hailed the news on Twitter, calling it the result of 14 months of "patient labor."</p><p>Mexican-made electric cars shipped to the United States qualify for subsidies provided by the Biden administration to boost EV adoption, according to industry officials.</p><p>The call between Musk and the Mexican president took place after Lopez Obrador had on Friday stirred fears he might block the investment in Monterrey if water was too scarce there.</p><p>Lopez Obrador said he had told Musk Mexico would not be granting subsidies to make batteries or semiconductors.</p><p>The discussions around Tesla have been a major test of how investors respond to Lopez Obrador's resource nationalism and how he influences the decision-making process on investments, which have sparked misgivings among business groups.</p><p>Lopez Obrador has put a stop to billions of dollars' worth of investments using referendums, and some Mexican media portrayed his decision to back the Tesla plant as a concession to Musk.</p><p>Antonio Ocaranza, head of consulting group Oca Reputacion, said the president ultimately showed common sense in allowing such a major deal, which should attract further investment.</p><p>"The president knows how far to push it," he said. "Behind (his) rhetoric and ideological zeal, there's pragmatism."</p><p>Speculation about Tesla going to Mexico has circulated for months, and the plant promises to be one of the major investments of the Lopez Obrador administration.</p><p>Mexico recorded its highest foreign direct investment for years in 2022, as businesses took advantage of a lower-cost and skilled work force as well as its free trade deal with the U.S. that has made the country a global center of the car industry.</p><p>However, overall investment has been held back by companies unsettled by Lopez Obrador's efforts to strengthen state control of the energy market at the expense of private capital.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Plant Gets Green Light in Northern Mexico</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Plant Gets Green Light in Northern Mexico\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-01 07:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4f3f3a16fc457e56e6a87cf6e5580658\" tg-width=\"4032\" tg-height=\"3024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>MEXICO CITY, Feb 28 (Reuters) - Tesla Inc(TSLA.O)will build a new assembly plant in northern Mexico, the country's president said on Tuesday, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal said by a source to be worth at least $1 billion.</p><p>President Andres Manuel Lopez Obrador said "the whole Tesla company" was coming to Mexico to build a "very big" automotive plant, noting that potential investment in batteries was still pending. He did not reveal what models it would produce.</p><p>One Mexican official said the plant would be a Tesla "Gigafactory" that could produce the Semi truck, Roadster sports car, and potentially other vehicles. Another official said the plant could produce a kind of sport utility vehicle (SUV). The Model Y is Tesla's best-selling SUV. Tesla will likely give details of its plans on Wednesday, Mexico's government said.</p><p>Lopez Obrador's announcement of the plant in the Monterrey metropolitan area dispelled recent concerns that he could upend the investment by imposing conditions on the company due to problems over a lack of water in the arid border region.</p><p>"This will represent a considerable investment and many, many jobs," Lopez Obrador told reporters, saying Chief Executive Elon Musk had been receptive to Mexico's concerns and made commitments on how to address the shortage of water.</p><p>That would in part involve Tesla recycling water used in the assembly process, the president said.</p><p>The initial investment will be worth around $1 billion and further phases could bring total spending to $10 billion, according to a Mexican source with knowledge of the matter.</p><p>Tesla did not reply to a request for comment.</p><p>The company has car factories in the U.S. states of California and Texas as well as in Berlin and Shanghai.</p><p>Musk has said for months that the EV maker will announce a new factory, and he is set to discuss expansion plans, next-generation vehicle platforms and other topics at an"Investor Day"event on Wednesday. The company is also expected to give details of a new, cheaper model of vehicle at the event.</p><p>The news is a boost for Mexico, which is working to establish itself asa hub for the so-called nearshoringof investment - capitalizing on geopolitical tensions and supply- chain disruptions caused by the COVID-19 pandemic by luring manufacturing capacity to North America, and away from Asia.</p><p>Lopez Obrador said Mexico and Tesla had reached agreement after a call with Musk on Monday, following a separate conversation he said the two held late last week.</p><h2>EYES OF THE WORLD</h2><p>The plant will be built in Santa Catarina in the greater Monterrey area, said the municipality's mayor, Jesus Nava, echoing reports that have circulated for weeks.</p><p>"Santa Catarina will have the eyes of the world," he said on Instagram. In another video, captioned "10 billion dollars" in bright red, Nava said Tesla's investment would be five times the private investment in the municipality over the past decade.</p><p>Mexican Foreign Minister Marcelo Ebrard hailed the news on Twitter, calling it the result of 14 months of "patient labor."</p><p>Mexican-made electric cars shipped to the United States qualify for subsidies provided by the Biden administration to boost EV adoption, according to industry officials.</p><p>The call between Musk and the Mexican president took place after Lopez Obrador had on Friday stirred fears he might block the investment in Monterrey if water was too scarce there.</p><p>Lopez Obrador said he had told Musk Mexico would not be granting subsidies to make batteries or semiconductors.</p><p>The discussions around Tesla have been a major test of how investors respond to Lopez Obrador's resource nationalism and how he influences the decision-making process on investments, which have sparked misgivings among business groups.</p><p>Lopez Obrador has put a stop to billions of dollars' worth of investments using referendums, and some Mexican media portrayed his decision to back the Tesla plant as a concession to Musk.</p><p>Antonio Ocaranza, head of consulting group Oca Reputacion, said the president ultimately showed common sense in allowing such a major deal, which should attract further investment.</p><p>"The president knows how far to push it," he said. "Behind (his) rhetoric and ideological zeal, there's pragmatism."</p><p>Speculation about Tesla going to Mexico has circulated for months, and the plant promises to be one of the major investments of the Lopez Obrador administration.</p><p>Mexico recorded its highest foreign direct investment for years in 2022, as businesses took advantage of a lower-cost and skilled work force as well as its free trade deal with the U.S. that has made the country a global center of the car industry.</p><p>However, overall investment has been held back by companies unsettled by Lopez Obrador's efforts to strengthen state control of the energy market at the expense of private capital.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129132853","content_text":"MEXICO CITY, Feb 28 (Reuters) - Tesla Inc(TSLA.O)will build a new assembly plant in northern Mexico, the country's president said on Tuesday, marking a push by the electric vehicle maker to broaden operations outside the U.S. in a deal said by a source to be worth at least $1 billion.President Andres Manuel Lopez Obrador said \"the whole Tesla company\" was coming to Mexico to build a \"very big\" automotive plant, noting that potential investment in batteries was still pending. He did not reveal what models it would produce.One Mexican official said the plant would be a Tesla \"Gigafactory\" that could produce the Semi truck, Roadster sports car, and potentially other vehicles. Another official said the plant could produce a kind of sport utility vehicle (SUV). The Model Y is Tesla's best-selling SUV. Tesla will likely give details of its plans on Wednesday, Mexico's government said.Lopez Obrador's announcement of the plant in the Monterrey metropolitan area dispelled recent concerns that he could upend the investment by imposing conditions on the company due to problems over a lack of water in the arid border region.\"This will represent a considerable investment and many, many jobs,\" Lopez Obrador told reporters, saying Chief Executive Elon Musk had been receptive to Mexico's concerns and made commitments on how to address the shortage of water.That would in part involve Tesla recycling water used in the assembly process, the president said.The initial investment will be worth around $1 billion and further phases could bring total spending to $10 billion, according to a Mexican source with knowledge of the matter.Tesla did not reply to a request for comment.The company has car factories in the U.S. states of California and Texas as well as in Berlin and Shanghai.Musk has said for months that the EV maker will announce a new factory, and he is set to discuss expansion plans, next-generation vehicle platforms and other topics at an\"Investor Day\"event on Wednesday. The company is also expected to give details of a new, cheaper model of vehicle at the event.The news is a boost for Mexico, which is working to establish itself asa hub for the so-called nearshoringof investment - capitalizing on geopolitical tensions and supply- chain disruptions caused by the COVID-19 pandemic by luring manufacturing capacity to North America, and away from Asia.Lopez Obrador said Mexico and Tesla had reached agreement after a call with Musk on Monday, following a separate conversation he said the two held late last week.EYES OF THE WORLDThe plant will be built in Santa Catarina in the greater Monterrey area, said the municipality's mayor, Jesus Nava, echoing reports that have circulated for weeks.\"Santa Catarina will have the eyes of the world,\" he said on Instagram. In another video, captioned \"10 billion dollars\" in bright red, Nava said Tesla's investment would be five times the private investment in the municipality over the past decade.Mexican Foreign Minister Marcelo Ebrard hailed the news on Twitter, calling it the result of 14 months of \"patient labor.\"Mexican-made electric cars shipped to the United States qualify for subsidies provided by the Biden administration to boost EV adoption, according to industry officials.The call between Musk and the Mexican president took place after Lopez Obrador had on Friday stirred fears he might block the investment in Monterrey if water was too scarce there.Lopez Obrador said he had told Musk Mexico would not be granting subsidies to make batteries or semiconductors.The discussions around Tesla have been a major test of how investors respond to Lopez Obrador's resource nationalism and how he influences the decision-making process on investments, which have sparked misgivings among business groups.Lopez Obrador has put a stop to billions of dollars' worth of investments using referendums, and some Mexican media portrayed his decision to back the Tesla plant as a concession to Musk.Antonio Ocaranza, head of consulting group Oca Reputacion, said the president ultimately showed common sense in allowing such a major deal, which should attract further investment.\"The president knows how far to push it,\" he said. \"Behind (his) rhetoric and ideological zeal, there's pragmatism.\"Speculation about Tesla going to Mexico has circulated for months, and the plant promises to be one of the major investments of the Lopez Obrador administration.Mexico recorded its highest foreign direct investment for years in 2022, as businesses took advantage of a lower-cost and skilled work force as well as its free trade deal with the U.S. that has made the country a global center of the car industry.However, overall investment has been held back by companies unsettled by Lopez Obrador's efforts to strengthen state control of the energy market at the expense of private capital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921488491,"gmtCreate":1671112278613,"gmtModify":1676538492227,"author":{"id":"4132109535085242","authorId":"4132109535085242","name":"cikgu","avatar":"https://community-static.tradeup.com/news/91d3280237bfef070f76e00806bce23d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4132109535085242","authorIdStr":"4132109535085242"},"themes":[],"htmlText":"Can I get it?","listText":"Can I get it?","text":"Can I get it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921488491","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}