Dr Rck
05-08

All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?

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Comments

  • Dr Rck
    05-09
    Dr Rck
    Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue
  • OYoung
    05-09
    OYoung

    People just don’t have that much money to buy cars!

  • CornerSteve
    05-09
    CornerSteve

    So you see all the motor stocks just fall so much!!

  • RachelEuphemia
    05-09
    RachelEuphemia

    That’s so bad!! I hope this can get better

  • AbnerKeppel
    05-08
    AbnerKeppel
    Great analysis!
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