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Rick0209

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- Rick0209Rick0209
  ·2021-05-18
  Like my comments yo thanks
  Sorry, this post has been deleted
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- Rick0209Rick0209
  ·2021-05-18
  Like my comments thanks
  Sorry, this post has been deleted
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- Rick0209Rick0209
  ·2021-05-18
  Leggooo
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- Rick0209Rick0209
  ·2021-05-17
  Lockdown again
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- Rick0209Rick0209
  ·2021-05-17
  Like and comment thanks
  Elon Musk visits Tesla's delayed European gigafactory, state minister says
  Tesla Chief Executive Elon Musk is scheduled to visit the group's planned gigafactory near Berlin, a
  Elon Musk visits Tesla's delayed European gigafactory, state minister says
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- Rick0209Rick0209
  ·2021-05-16
  Wow why drop so much ?
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- Rick0209Rick0209
  ·2021-05-10
  Help to like my comments my dear friends
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
  (Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
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- Rick0209Rick0209
  ·2021-05-10
  I am trying to leave a comment...
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
  (Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,
  Cars Keep Getting Pricier and the Commodity Boom Makes It Worse
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- Rick0209Rick0209
  ·2021-05-10
  Go to go??
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- Rick0209Rick0209
  ·2021-05-09
  Ok good
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thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/195306615","repostId":"1147449240","repostType":4,"repost":{"id":"1147449240","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":1621249642,"share":"https://ttm.financial/m/news/1147449240?lang=&edition=fundamental","pubTime":"2021-05-17 19:07","market":"us","language":"en","title":"Elon Musk visits Tesla's delayed European gigafactory, state minister says","url":"https://stock-news.laohu8.com/highlight/detail?id=1147449240","media":"Reuters","summary":"Tesla Chief Executive Elon Musk is scheduled to visit the group's planned gigafactory near Berlin, a","content":"<p>Tesla&nbsp;Chief Executive Elon Musk is scheduled to visit the group's planned gigafactory near Berlin, a state minister said, shortly after the factory's opening was pushed back to late 2021.</p>\n<p>\"We have been informed by @Tesla on Friday, May 14th, that a visit of @elonmusk of Gruenheide was expected to happen,\" Joerg Steinbach, Economy Minister of the German state of Brandenburg, where the plant is being built, said in atweetlate on Sunday.</p>\n<p>\"As the purpose of this visit is mainly technical in character political meetings with (state premier) #Woidke or myself have not been scheduled.\"</p>\n<p>German newspaper Tagesspiegel said that Musk had landed in Berlin late on Sunday.</p>\n<p>Tesla declined to comment.</p>\n<p>Tesla last month delayed the opening of its first European gigafactory, located in Gruenheide outside Berlin, to late 2021 from an initial July 1 date, because of lengthy approval processes and fresh plans to also establish a battery cell plant on site.</p>","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>Elon Musk visits Tesla's delayed European gigafactory, state minister says</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\">\nElon Musk visits Tesla's delayed European gigafactory, state minister says\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\">2021-05-17 19:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla&nbsp;Chief Executive Elon Musk is scheduled to visit the group's planned gigafactory near Berlin, a state minister said, shortly after the factory's opening was pushed back to late 2021.</p>\n<p>\"We have been informed by @Tesla on Friday, May 14th, that a visit of @elonmusk of Gruenheide was expected to happen,\" Joerg Steinbach, Economy Minister of the German state of Brandenburg, where the plant is being built, said in atweetlate on Sunday.</p>\n<p>\"As the purpose of this visit is mainly technical in character political meetings with (state premier) #Woidke or myself have not been scheduled.\"</p>\n<p>German newspaper Tagesspiegel said that Musk had landed in Berlin late on Sunday.</p>\n<p>Tesla declined to comment.</p>\n<p>Tesla last month delayed the opening of its first European gigafactory, located in Gruenheide outside Berlin, to late 2021 from an initial July 1 date, because of lengthy approval processes and fresh plans to also establish a battery cell plant on site.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147449240","content_text":"Tesla Chief Executive Elon Musk is scheduled to visit the group's planned gigafactory near Berlin, a state minister said, shortly after the factory's opening was pushed back to late 2021.\n\"We have been informed by @Tesla on Friday, May 14th, that a visit of @elonmusk of Gruenheide was expected to happen,\" Joerg Steinbach, Economy Minister of the German state of Brandenburg, where the plant is being built, said in atweetlate on Sunday.\n\"As the purpose of this visit is mainly technical in character political meetings with (state premier) #Woidke or myself have not been scheduled.\"\nGerman newspaper Tagesspiegel said that Musk had landed in Berlin late on Sunday.\nTesla declined to comment.\nTesla last month delayed the opening of its first European gigafactory, located in Gruenheide outside Berlin, to late 2021 from an initial July 1 date, because of lengthy approval processes and fresh plans to also establish a battery cell plant on site.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192991802,"gmtCreate":1621134874406,"gmtModify":1704353202884,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Wow why drop so much ?","listText":"Wow why drop so much ?","text":"Wow why drop so much ?","images":[{"img":"https://static.tigerbbs.com/a7703731c1ecfcf7e0c68e68a483ee3d","width":"1080","height":"2192"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/192991802","isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190870330,"gmtCreate":1620612671020,"gmtModify":1704345517600,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Help to like my comments my dear friends","listText":"Help to like my comments my dear friends","text":"Help to like my comments my dear friends","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190870330","repostId":"2133686350","repostType":4,"repost":{"id":"2133686350","kind":"news","pubTimestamp":1620608400,"share":"https://ttm.financial/m/news/2133686350?lang=&edition=fundamental","pubTime":"2021-05-10 09:00","market":"us","language":"en","title":"Cars Keep Getting Pricier and the Commodity Boom Makes It Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=2133686350","media":"Bloomberg","summary":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,","content":"<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.</p>\n<p>Many of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.</p>\n<p>Should the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase &amp; Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.</p>\n<p>“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”</p>\n<p>Carmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.</p>\n<p>In the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.</p>\n<p>The main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.</p>\n<p>The boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.</p>\n<p>The increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.</p>\n<p>They also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.</p>\n<p>Ford and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.</p>\n<p>“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”</p>\n<p>BMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.</p>\n<p>Longer term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.</p>\n<p>“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.</p>\n<p>Jeep maker <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.</p>\n<p>“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> wrote in a note. “It’s a seller’s market in autos.”</p>","source":"yahoofinance","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>Cars Keep Getting Pricier and the Commodity Boom Makes It Worse</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\">\nCars Keep Getting Pricier and the Commodity Boom Makes It Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STLA":"Stellantis NV"},"source_url":"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133686350","content_text":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.\nShould the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase & Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.\n“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”\nCarmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.\nIn the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.\nThe main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.\nThe boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.\nThe increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.\nThey also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.\nFord and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.\n“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”\nBMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.\nLonger term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.\n“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.\nJeep maker Stellantis NV -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.\n“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at Morgan Stanley wrote in a note. “It’s a seller’s market in autos.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190847501,"gmtCreate":1620612644003,"gmtModify":1704345516468,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"I am trying to leave a comment...","listText":"I am trying to leave a comment...","text":"I am trying to leave a comment...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190847501","repostId":"2133686350","repostType":4,"repost":{"id":"2133686350","kind":"news","pubTimestamp":1620608400,"share":"https://ttm.financial/m/news/2133686350?lang=&edition=fundamental","pubTime":"2021-05-10 09:00","market":"us","language":"en","title":"Cars Keep Getting Pricier and the Commodity Boom Makes It Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=2133686350","media":"Bloomberg","summary":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive,","content":"<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.</p>\n<p>Many of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.</p>\n<p>Should the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase &amp; Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.</p>\n<p>“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”</p>\n<p>Carmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.</p>\n<p>In the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.</p>\n<p>The main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.</p>\n<p>The boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.</p>\n<p>The increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.</p>\n<p>They also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.</p>\n<p>Ford and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.</p>\n<p>“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”</p>\n<p>BMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.</p>\n<p>Longer term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.</p>\n<p>“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.</p>\n<p>Jeep maker <a href=\"https://laohu8.com/S/STLA\">Stellantis NV</a> -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.</p>\n<p>“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> wrote in a note. “It’s a seller’s market in autos.”</p>","source":"yahoofinance","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>Cars Keep Getting Pricier and the Commodity Boom Makes It Worse</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\">\nCars Keep Getting Pricier and the Commodity Boom Makes It Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STLA":"Stellantis NV"},"source_url":"https://finance.yahoo.com/news/cars-keep-getting-pricier-commodity-133000972.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2133686350","content_text":"(Bloomberg) -- Cars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.\nMany of the essential ingredients for automakers, such as copper, steel and aluminum, are hitting or approaching record highs this year as the lagging supply can’t keep up with stimulus-driven demand. The Bloomberg Commodity Spot Index jumped to its highest since 2011, with metals up 21% so far this year.\nShould the current rally morph into a supercycle, rising car prices could forebode inflation across the board. Analysts at JPMorgan Chase & Co. estimate the price of an auto’s raw materials have climbed 83% in the year through March. Those pieces typically make up about 10% of the cost of building a vehicle, meaning the price tag for a $40,000 car would have to increase 8.3% to offset the rally, analysts for the bank wrote.\n“We’re definitely feeling the commodity headwind,” Jim Farley, chief executive officer of Ford Motor Co., said last week. “We’re seeing inflation in a variety of parts of our industry, kind of in ways we haven’t seen for many years.”\nCarmakers usually struggle to pass on higher costs, but demand is booming as major economies reopen and many consumers continue avoiding public transportation. The global semiconductor shortage also is inhibiting production, keeping inventory tight and driving up vehicle prices.\nIn the U.S., car supply is so limited that rental companies are resorting to buying used vehicles at auction rather than new ones.\nThe main contributor to higher commodity costs hitting the industry is the steel needed for chassis, engines and wheels. The metal’s recent rally has smashed records as China -- by far the biggest producer -- took measures to curb output.\nThe boom in copper prices adds to the costs of electric vehicles just as the industry implements an energy transformation to meet tighter emissions standards. EVs use nearly 3 1/2 times more copper than gas guzzlers because of the larger amount of wiring inside, according to consultancy Wood Mackenzie Ltd.\nThe increases may hurt automakers like Tesla Inc. and Volkswagen AG that are trying to make EVs more price-competitive with traditional cars.\nThey also may encourage automakers to explore alternative chemistries for their EV batteries. The majority of cells use some combination of lithium, cobalt and nickel, which have jumped a minimum of 47% each in the past 12 months.\nFord and BMW AG were among those investing $130 million this month in battery startup Solid Power Inc., which is working on cells that would remove the need for those metals, leading to a 10-fold decline in power pack costs.\n“They are looking to spread that risk,” said Caspar Rawles, head of price and data assessments at Benchmark Mineral Intelligence. “There is no hedging for lithium or cobalt.”\nBMW expects headwinds from rising commodity prices of as much as 1 billion euros ($1.2 billion) for the year, Chief Financial Officer Nicolas Peter said Friday during an earnings briefing. The luxury-car maker singled out rhodium, steel and palladium as particular worries in the coming months.\nLonger term, BMW is working to be less exposed to price squeezes in key raw materials. From 2025, the automaker plans to produce vehicles on a new architecture that will allow recycling of materials such as steel, aluminum and plastics to make new cars.\n“We’re seeking partnerships” to refine the necessary technologies, BMW CEO Oliver Zipse said.\nJeep maker Stellantis NV -- formed from the merger of Fiat Chrysler and PSA Group –- said it needed to recover some of its higher costs, and the marketplace is supportive, so far.\n“It’s hard to imagine a better environment with which to pass through the impact of supply shock and price inflation to consumers who are effectively lining up to take delivery of their new car off the car carrier,” analysts at Morgan Stanley wrote in a note. “It’s a seller’s market in autos.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190847951,"gmtCreate":1620612611273,"gmtModify":1704345515330,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Go to go??","listText":"Go to go??","text":"Go to go??","images":[{"img":"https://static.tigerbbs.com/dbfe5055210e003493505f5941c02302","width":"1080","height":"2101"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190847951","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107413641,"gmtCreate":1620528327783,"gmtModify":1704344633698,"author":{"id":"3582677815481587","authorId":"3582677815481587","name":"Rick0209","avatar":"https://static.tigerbbs.com/0473410a82f383ed42bd4fe03ee0ef85","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582677815481587","idStr":"3582677815481587"},"themes":[],"htmlText":"Ok good","listText":"Ok good","text":"Ok good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107413641","repostId":"1173129939","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}