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Certainly one of the leading electric car manufacturers at the moment. However, there is extreme competitive pressure on the market, which puts pressure on margins, even in the long term.
Even if I could imagine driving a BYD, the share is not an investment for me (the same applies to $TSLA 😉)
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@GHF patient you must be warrior 🤫
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@GHF As a Porsche driver, I would no longer invest in Porsche myself, but I am invested in BYD 😉 good luck 🍀
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@GHF BYD is not just a vehicle manufacturer, don't forget that.
You can't imagine driving a BYD because you haven't tested one yet.
I've tested almost the entire range and Tesla doesn't even come close in terms of price and performance.
The BYD Seal is a great vehicle that has even found its way into our company cars 😉
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@TradingHase You're right, I haven't driven a BYD yet. At the moment, I'm still happy with my Tesla and I'm really enthusiastic about it. Nevertheless, I don't buy $TSLA or any other car companies.
The industry is too cyclical for me and the competitive pressure is too high. The conditions are not ideal for a company to achieve a reliable increase in its share price.
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@GHF I agree with you on that. I still have Mercedes and BYD, but I wouldn't buy a new one either.
Tesla has at least learned in the quality of the chassis in the last few models, but little else is new, which is a shame.
The "small" Tesla has been a long time coming and now it's too late.
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@GHF and there's someone talking again who only sees the car manufacturer and nothing behind it 🤷🏻‍♂️🤫😅
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@SAUgut777 But you're right about that. 😂😂😂
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@GHF would also invest if it weren't for the business model or payment processing... simply too strong and too much competition for both