I recently joined and have built up a little bit. I hope to build up something in the long term 😅 We'll see over the next few years

$TSLA (+0.98%)
$NVDA (+0.31%)
$NOVO B (-0.08%)
$1211 (-1.19%)
$MSFT (+1.42%)
$NKE (+0.46%)
$PATH (+0.66%)

$CCL (+0.49%) One of my long-term stocks has been trimmed back from overweight (4%) to normal size (2.5%). A few months ago I bought at €15 and €17 and have now partially sold at €25. The share will not disappear completely for me. I am hoping for a recovery of €30+. If it falls below €20 again, I will slowly overweight again. This game has been played from time to time for the last 5 years and the positive management of the debt, in addition to the constant good news, slowly speaks for a breakthrough.

$BAYN (+1%) I bought in at the beginning of April at €22, but have now decided to close the position at just under €27. I actually wanted to hold the share long, but somehow I can't warm to it. Perhaps it will find its way back into my portfolio at some point.

$AVGO (-0.15%) In the April crash, I bought the stock at €151 (2% weighting) using a Lombard loan (10% portfolio size), among other things, and the position has now been closed at €224. More was not my target recovery to old ATH.

$9618 (-2.32%) Unfortunately, this position was closed with a minus of 13%. The reason for this was the annual rebalancing in which the China portion had become too large for me. As I was convinced by $1211 (-1.19%) , $BABA (-2.39%) and $PDD (-0.55%) JD had to give way.

Portfolio purchase:

$OXY (+0.43%) Bought another small tranche. After the 10% slump, I had some capital left over, which was invested at 36.50. One of my larger individual bets with a 5% portfolio weighting.

A new addition to the portfolio is $TX (+0.73%) with a small position of 1%. The reason sounds stupid, but it's a little chat GPT experiment. I wanted to be told which stocks were selected according to the Columbia Buffet approach. I was given 5 suggestions, some of which were frankly garbage. But this stock somehow got me hooked. Which is why I took the risk with only 1% of my portfolio (just over 1k).

Note:

My single stock portfolio Smartbroker plus makes up 2/3 of the asset class equities.

1/3 are Etf's with Trade Republic.

In total, equities make up 90% of my investable assets.

In addition to my three equity ETFs, TR holds my real estate REIT ($O (+0.21%) approx. 5%), as well as my gold ETC ($SGBS (-0.08%) 2.5%) and my gold miner Etf ($GDXJ (-0.32%) 2.5%) which make up the remaining 10%.

Approximate total assets 100k (more like 95k :/ due to volatility) but debt free (except for a 3.5k balance on the Lombard loan). I have been investing since 2020 and am 28 years young.

🚗 BYD is continuing to make a splash - despite the bad press in the media. In June 2025, BYD sold 377,628 NEVs (electric + plug-in hybrids) - that's +11% YoY. Tesla achieved 71,599 deliveries from Shanghai in the same period - only +0.8% YoY.

upfront, I am not a Tesla hater, I drive a Tesla myself and am mega happy with the car. But as an investor I stand behind BYD‼️

👉 While Tesla relies almost exclusively on pure BEVs in China, BYD plays the whole gamut: cheap, hybrid, high-tech - and with success.

📊 It's the context that counts

• Global 2024:
• - Tesla: 1.79 million BEVs
• - BYD: 1.76 million BEVs
• → But including PHEVs, BYD has sold 4.27 million vehicles.
• Market share China (May 2025):
• - BYD: 28.5 % NEV share
• - Tesla: 3.8%, with -30% YoY (May: 38,588 units)

➡️ Conclusion: Tesla remains relevant, but BYD is taking over (not only) in China.

🗞️ Negative press about BYD - justified or scaremongering?

More and more often you read: "Production down", "Warehouse full", "Price war". But what is behind all this?

1️⃣ Stock build-up & production adjustment = weakness?

• Yes, BYD has reduced shifts & slightly increased inventory (~150,000 vehicles according to CnEVPost).
• But: this corresponds to only about 2 weeks of sales - so manageable.
• Strategy: Prices down, sales up. Citi says: +30-40% in weekly sales through discounts.

2️⃣ Price war = margin pressure?

• BYD cut prices on 22 models (e.g. the Seagull) in spring.
• Shares fell by -8.6 % as a result.
• But: this is calculated. Sales rose to 380,089 NEVs in April (+21%).
• Tesla? In China -9 % in the same period (28,731 units).
• BYD is clearing out old models & making room for new ones, including the Dolphin Surf in Europe.

3️⃣ BYD beats Tesla in Europe 📍

• April 2025:
• - BYD: 7,231 BEVs
• - Tesla: 7,165 BEVs
• Germany:
• - BYD: +756 % (!) to 1,566 units
• - Tesla: -46% to 855 units

👉 Despite EU tariffs, BYD is expanding: New plants in 🇭🇺 Hungary & 🇹🇷 Turkey, HQ for Europe has opened.

❗ Why the criticism is one-sided

Many reports ignore important strengths:

✅ Second largest battery manufacturer in China (after CATL)

✅ Own chips & vertical integration

✅ New platforms such as the e-Platform 3.0 & 4.0

✅ Technologies such as "God's Eye" assistance & 400 km range in 5 minutes of charging

Tesla?

• Q1 2025: worldwide sales -13 %
• April 2025 in Europe: -49 %

The criticism of BYD sometimes seems politically motivated - also because German manufacturers (VW, BMW, Mercedes) are losing market share.

📌 Conclusion

BYD delivers, grows, invests - despite headwinds.

If you only look at the headlines, you don't see the whole picture. Turnover in 2024 rose to 777 billion yuan (+29%) and BYD is heading for >5 million vehicles in 2025. The strategy is clear: secure the market, manage production efficiently & take off internationally.

📈 For investors: Those who think long-term should not be blinded by selective reporting. BYD remains a player with substance and a global plan.

💬 What is your opinion on BYD?

Will the growth plan hold or is it all hot steam? 👇

$TSLA (+0.98%)
$1211 (-1.19%)

Handelsblatt has focused on $1211 (-1.19%) has been on fire. Three articles/comments on the front page and no new insights haha

📊 My June 2025 in the portfolio: winners, losers & additional purchases

⸻

✅ Top performers in June

- Iris Energy: +53 % $IREN (+2.13%)

- Cloudflare: +16,2 % $NET (+0.15%)

- Datadog: +10,7 % $DDOG (+0.34%)

- VanEck Uranium ETF: +9,8 % $NUKL (-0.73%)

- NuBank: +8,7 % $NU (+0.82%)

⸻

❌ Losers in June

- BYD: -12,1 % $1211 (-1.19%)

- Berkshire Hathaway: -6,8 % $BRK.B (+0.33%)

- Rheinmetall: -4,6 % $RHM (+0.82%)

- Alibaba: -3,9 % $BABA (-2.39%)

- MercadoLibre: -1,3 % $MELI (+0.34%)

⸻

🔁 My additional purchases in June

- MSCI ACWI - 170 € (Core)

- MSCI Small Cap - 15 € (Core)

- Iris Energy - 50 €

- Tomra Systems - 100 € (buy after crash)

- Alibaba (ADR) - 50 € (long-term position building)

- Datadog (A) - 50 € (long-term position building)

- Ultrashort Bonds (EUR) - 150 € (dry powder)

⸻

📎 I track my portfolio transparently on Getquin - link in bio

💬 What was your strongest or weakest stock in June?

#DepotUpdate #Month in review #Investing #BuyAndHold #StockMarket #ACWI #ETFStrategy #Uranium #Cloudflare #LongTermInvesting #TheSpeculator #Getquin #parqet

🏗️ Major project in Komárom: New e-bus factory under construction

• BYD $1211 (-1.19%) is expanding its existing electric bus factory in Komárom, Hungary massive expansion
• 80 million euros investment sum
• 620 new jobs will be created
• Support from the Hungarian government (7.8 million euros funding)

______________________________

🇨🇳🤝🇭🇺 China as an important partner for Hungary

• Hungary is the European country with the most Chinese investment
• 2023: 44 % of Chinese investments in Europe went to Hungary
• A total of 30,000 new jobs through Chinese projects
• Minister Szijjártó: East-West cooperation as an opportunity, not a threat

______________________________

🌍 BYD's expansion course in Europe

• Next to Komárom:
• Construction of the first European passenger car plant in Szeged
• Relocation of European headquarters & R&D center to Budapest
• BYD has already been producing buses in Hungary since 2017
• With the expansion: Tripling the production capacity
• Increase from 400 to up to 1,250 e-buses per year

Source:

https://www.businessinsider.de/wirtschaft/byd-baut-fabrik-in-ungarn-fuer-millionen-aus/

🔍 Background to the technology

• Solid-state battery with solid electrolyte instead of liquid
• Advantages: 🔥 safer, ⚡ faster charging, 🧳 higher energy density

______________________________

🧪 Key technical data

• 400 Wh/kg energy density - almost twice as much as today's batteries
• Range: up to 1,500 km
• Charging time: 12 minutes

______________________________

🏭 Schedule & tests

• First vehicles with battery from 2027
• Series production planned from 2030
• First tests in the BYD Seal model (not yet officially confirmed)

______________________________

💰 Price target & outlook

• BYD wants to offer solid-state and liquid batteries at the same price
• Breakthrough would be a game changer even without maximum range

______________________________

🌍 Competition

• BMW & Mercedes also test solid-state cells on the road

$1211 (-1.19%)

Source:

https://www.chip.de/news/Neuer-BYD-Superakku-Damit-kommen-Sie-ohne-Laden-bis-nach-Spanien_186077653.html

$VOE (+3.35%)
$1211 (-1.19%)

https://www.derstandard.at/story/3000000275401/voestalpine-liefert-stahlblech-f252r-b

🆕 Two new freighters set sail

• BYD Xi'an (7,000 cars)
• BYD Changsha (9,200 cars)
• Now a total of 6 own cargo ships in operation

______________________________

🛳️ Number 7 already in sight

• BYD Zhengzhou (7,000 cars) shortly before commissioning
• BYD will then operate the largest car freighter fleet of any manufacturer in the world

______________________________

📈 Rapid expansion

• May 2025: BYD Shenzhen launched as 4th ship (9,200 car capacity)
• Development in just a few months - massive pace of fleet expansion

______________________________

🇨🇳 Competition never sleeps

• Geely: "JISU Fortune" (7,000 cars)
• SAIC: "Anji Ansheng" (9,500 cars)
• Both recently shipped to Europe for the first time

______________________________

🌐 Goal: Stronger export offensive

• Own cargo ships = more control, lower costs
• BYD $1211 (-1.19%) & Co. want to operate more globally - focus on Europe

Picture: BYD

Source:

https://www.electrive.net/2025/06/24/byd-vergroessert-seine-frachtschiff-flotte-schon-wieder/

📉 Production on the back burner

• $1211 (-1.19%) BYD has significantly reduced production according to a Reuters report
• Night shifts canceled in at least four plants
• Production reduced by around 1/3
• Plant expansions & new lines stopped for the time being
• Reasons:
• ❗ Missed sales targets
• 💰 Cost savings

______________________________

📊 Growth targets at risk

• 2024: 4.27 million vehicles sold
• 2025 target: 5.5 million vehicles
• Reality according to CAAM data:
• April: +13% production
• May: only +0.2% (lowest level since Feb. 2024)
• ⬇️ Average production in April & May: -29% compared to Q4 2024

______________________________

💸 Price war escalates

• BYD cuts prices to up to USD 7,800
• Consequence: Margins crumble, dealers at the limit
• Inventory at BYD: 3.21 months
• ➤ Highest value of all brands
• ⬅️ Industry average: 1.38 months
• Dealer in Shandong closes over 20 stores
• Dealer association warns of market saturation

______________________________

🌍 Export as a lifeline?

• 2025 to date: 1.76 million sales, of which ~20% exports
• Export offensive to compensate for domestic weakness
• Questionable whether this will be enough

______________________________

📦 Conclusion for investors

• Short term: 🚨 Problems with sales & margins
• Long-term: ⚙️ Economies of scale & strong supply chain as a plus
• Recommendation of many analysts: Investors stay on board

Source:

https://www.deraktionaer.de/artikel/aktien/byd-produktion-massiv-gedrosselt-20382226.html