This chapter explores the landscape of China's car market and the rise of electric car manufacturers in the country. It discusses the dominance of BYD, the top electric car manufacturer, and the unique opportunity China had to enter the electric vehicle market. The chapter also examines the challenges faced by Western car makers in entering the Chinese market and the success of Tesla in establishing credibility in the electric car industry.
Carvana is selling “the good silver” to shore up its debt situation, and shareholders are about to get diluted.
(00:21) Bill Mann and Dylan Lewis discuss:
- Why Goldman Sachs is struggling in the consumer space and what its write-downs mean for real estate. - How debt restructuring sent shares of Carvana up 30%. - Why investors might want to adjust their expectations for the car-seller that’s up 10X year-to-date.
(15:08) Just one American carmaker is a top electric vehicle seller in China. Ricky Mulvey caught up with Bill Mann to talk about the landscape of the world's largest car market.
Companies discussed: GS, CVNA, BYDDY, TSLA, NVDA, TSM
Host: Dylan Lewis Guests: Ricky Mulvey, Bill Mann Engineers: Dan Boyd, Rick Engdahl
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