Huge thanks to @BrighterwithHerbert for joining the discussion.
Follow him on X:
  / herbertong  

Links from today's show:
Chart showing ALL EV pure plays by cashflow
  / 1785403515973579220  

Polestar has zero liquidity
  / 1785409966464991368  

Polestar is so broke they can't even afford to pay attention
  / 1785404678231970104  

We are just hours away from Polestar reporting Q4 2023 financials. I expect cash burn (negative free cash flow) to come in just below Q3's cash burn of -$736 million.
  / 1785066731569906145  

NEWS: In Q1 2024, Volvo's global average battery electric vehicle (BEV) selling price drops below that of Volvo's Non-BEVs for the first time.
  / 1785197968670310817  

SEC filings of Lotus (MCap $4.1 billion), which is transitioning to a pure BEV maker (63% of sales) and a subsidiary of Chinese automaker Geely, unveiled a cash burn of $601 million in 2023
  / 1785060866305479093  

Should the high price deter users from adoption, NIO could end up with many 'stranded' costly batteries further excacerbating NIO's sky-high quarterly cash burn.
  / 1784922793764614354  

Just in: Chinese BEV maker NIO unveiled the pricing for its 150kWh rental battery at $21 per day (150yuan)!
  / 1784922789041877230  

GAC Group, state-owned and one of China’s largest automakers with 2.4M vehicle sales, reported a record cash burn of $1,271 million for Q1 2024.
  / 1784842061486641261  

BYD's ballooning Capex
https://finbox.com/SEHK:1211/explorer...

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#Tesla #TSLA #EVs