German media says Porsche SE facing up to $22 billion on VW Group losses

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The Electric Viking

The Electric Viking

Күн бұрын

Пікірлер: 330
@Joeschmoe8930
@Joeschmoe8930 3 сағат бұрын
When the EU was formed the goal was for southern Europe to become more like Northern Europe. Now it looks like Northern Europe is going to become more like southern Europe.
@thomasuher4507
@thomasuher4507 7 сағат бұрын
I believe VW will survive in Germany because of brand loyalty. Outside of Germany it is going to be tough.
@oliverdickens4641
@oliverdickens4641 6 сағат бұрын
That’s what people thought of the UK car industry in the 70s and 80s, but if you keep making bad cars for long enough even the die hard enthusiasts stop buying.
@ftb2772
@ftb2772 6 сағат бұрын
HD warned them that this will happen and he got the sack. They need to pull their socks up and fast but im not sure the top brass are capable.
@thewolf9851
@thewolf9851 4 сағат бұрын
It will survive outside as well
@faheemabbas3965
@faheemabbas3965 9 минут бұрын
So like Fiat in Italy.
@TERRENCEMoriarty
@TERRENCEMoriarty 7 сағат бұрын
The potential of XAI105x is unreal! Excited to see where this goes after watching your video!
@FlorettaMajor
@FlorettaMajor 7 сағат бұрын
You called it a month ago and now XAI105x is blowing up glad I listened
@simoncarter5951
@simoncarter5951 10 сағат бұрын
Germany will almost certainly bail them out.
@MahmutBeril
@MahmutBeril 7 сағат бұрын
Just got my XAI105x tokens! Thanks for the informative video that led me here!
@stefanhaeussler821
@stefanhaeussler821 8 сағат бұрын
If you live in Europe you know that VW cars are way too expensive for what they are
@xen.7140
@xen.7140 7 сағат бұрын
Not really
@stratman9449
@stratman9449 5 сағат бұрын
if you live in germany (as i do) you know all german cars are way too expensive.....
@xen.7140
@xen.7140 5 сағат бұрын
@@stratman9449 Then buy a Skoda, which is also owned by VW.
@stefanhaeussler821
@stefanhaeussler821 5 сағат бұрын
@@xen.7140 skodas are almost the same price if you go for the same trim, lets say an elroq and id4 EVs
@xen.7140
@xen.7140 4 сағат бұрын
@@stefanhaeussler821 Yeah and what about Skoda Fabia, Octavia, Karoq vs VW Golf, Passat, T-Roc? EVs make up
@yurgurtha4757
@yurgurtha4757 7 сағат бұрын
This guy realy has no clue what he is talking about... Porsche Se can payout Dividens to shareholders because the have Majority stake in Volkswagen AG... look how much they made so far this year. 2.3 billion this year... 'The expected need for impairment is not cash-related, but purely balance-sheet-related' Its just a paper loss for the more slow thinking people out there. For this channel i have to think of the blind leading the blind haha
@FundaMutlu-d5j
@FundaMutlu-d5j 7 сағат бұрын
I love how you broke down the XAI105x project in your video! Can’t wait to see it skyrocket!
@branakovacevic5348
@branakovacevic5348 9 сағат бұрын
I drove Volkswagen ID.7 GTX tourer for a day. It's the best electric car I ve driven by far! Soon I'll try Audi A6 etron . Looking forward to it.
@ByoungTwentyGo
@ByoungTwentyGo 9 сағат бұрын
You're full of it.
@acafila2972
@acafila2972 9 сағат бұрын
Hope they overcome the difficulties. Porsche Taycan if you ask me 😊
@havencat9337
@havencat9337 9 сағат бұрын
LOL...is that a joke? they are known for being shite EVs
@18650tom
@18650tom 9 сағат бұрын
So you are saying you drove just one EV so far?
@astrolog223
@astrolog223 9 сағат бұрын
In Norway vw only selling el- cars
@DuyguTugrul-q3q
@DuyguTugrul-q3q 7 сағат бұрын
Bought XAI105x after watching your video and others, super excited! 💰
@christhomas5804
@christhomas5804 12 сағат бұрын
Here in Germany the energyprices are growing because of the ideotic politic of the green party.
@random_nick_for_comments
@random_nick_for_comments 11 сағат бұрын
Not only a green party, these stupid laws were created by a coalition of 3 ruling parties. They all are guilty.
@veebee3969
@veebee3969 11 сағат бұрын
Cause they turned their backs on cheap Russo energy.
@sweden_is_xxxx
@sweden_is_xxxx 10 сағат бұрын
Why do so many Germans vote for them? Actually I'm wondering the same thing about people who vote for CDU or SPD or their allies. Why?
@veikovasko5603
@veikovasko5603 10 сағат бұрын
@@veebee3969 also shutting down nuclear plants did not help
@andrewlim7751
@andrewlim7751 10 сағат бұрын
And they used up the budget to subsidize u.s. lng which are 400% higher, Von Der Lier even said it's cheaper. 😂😂
@SevilEbru
@SevilEbru 7 сағат бұрын
I solely believe XAI105x will do 20x after its launch price, the hype is high and its community are not relenting.
@AllegraBuffington
@AllegraBuffington 7 сағат бұрын
Just bought my first XAI105x tokens! Your video made it clear this is a must-have in my portfolio
@rnish2958
@rnish2958 2 сағат бұрын
The price of a battery depends on where you source it and under what contract. Can't use industry average battery price when you discuss German car production.
@asdasdaasdasda4978
@asdasdaasdasda4978 6 сағат бұрын
I Like how he is using moores law, without know what it is
@GauisHelenaMohaim
@GauisHelenaMohaim 10 сағат бұрын
If you you would have to pay Belgium electricity prices and you live in a Belgium midevil city with very limited parking ability so you have to rely on the rare and even more expensive public charging network you would understand why you can't possibly compare your situation in Australia with ours.
@229andymon
@229andymon 9 сағат бұрын
China?
@DGlass-yg8xk
@DGlass-yg8xk 6 сағат бұрын
Moore's law is the observation that the number of transistors in an integrated circuit (IC) doubles about every two years. It has nothing to do with production costs. FWIW Dave’s law states the probability of energy intensive industries surviving Germany’s green policies is approaching zero.
@Steve-co1ic
@Steve-co1ic 23 минут бұрын
VW have always been expensive in the UK, the justification being they were of superior quality, over the last 10 years people are coming to the realization that they are paying extra for something that doesn't exist and that other brands are now superior and at a lower cost.
@stephencollins5706
@stephencollins5706 27 минут бұрын
Since around 2010 VAG cars have been overpriced, EV legacy manufacturers have always been way overpriced. People are realising this and refusing to pay thier overinflated Prices.
@sirtng
@sirtng 11 сағат бұрын
Write off is just another way of reducing tax, if they had a profit before hand
@kevinW826
@kevinW826 7 сағат бұрын
Sam are you going to cover the destroyed wind and solar factories in Wales? And the resulting silica contamination of the ground? Miles and miles of debris which the locals will say take most of next year to replace. Can the wind turbine blades be recycled or are they scrap? Beautiful country side that could have been used for food, green spaces, parks, instead destroyed for those environmentalists who think net zero is the only solution.
@brilanto
@brilanto 5 сағат бұрын
'Silica debris' 🤪- you mean sand and pebbles on the beach?
@jonb5493
@jonb5493 5 сағат бұрын
If he could be bothered to waste his time, he could tell you you're full of BS.
@kevinW826
@kevinW826 4 сағат бұрын
@ silica is toxic to human respiratory system. it’s the same stuff in solar panels. Do you really think it’s ok to let it into the atmosphere? Or the ground? It’s also found in concrete.
@brilanto
@brilanto 4 сағат бұрын
Sniffing flour right out of the bag, or doing cocaine is more 'toxic' - even a surplus of oxygen or drowning in a bathtub... Stop your alarmistic FUD of petrol and nuclear lobbies in Britain!
@FrankiePo89
@FrankiePo89 2 сағат бұрын
​@@brilanto You're very naughty. 😉
@RichardABW
@RichardABW 8 сағат бұрын
Does not help that VW EV's are not very nice, internally or externally. Old Golfs and Passats in the past were utilitarian but nice.
@jarnosaarinen4583
@jarnosaarinen4583 8 сағат бұрын
Every EV is Junk
@markodraksic3800
@markodraksic3800 7 сағат бұрын
Still way better looking than any Tesla
@brulsmurf
@brulsmurf 6 сағат бұрын
They are too nice. For a lot of people a car is just a number in a spreadsheet. People want cheap, utilitarian and easy to maintain.
@RichardABW
@RichardABW 5 сағат бұрын
@@brulsmurf They might be trying to be too nice, but they are not that nice. ID7 looks like a blancmange. B5/B5.5 Passat had simple utilitarian good looks.
@stratman9449
@stratman9449 5 сағат бұрын
VWs EVs are the epitome of non design....boooring VW at it's best, like so much of their stuff in the past.
@johnfrancis4401
@johnfrancis4401 12 сағат бұрын
The Germans rested on their laurels instead of investing in EVs
@amaldev4150
@amaldev4150 11 сағат бұрын
Also woke morons run these companies to the ground
@des_smith7658
@des_smith7658 11 сағат бұрын
Who wants a poofs car
@johnfrancis4401
@johnfrancis4401 11 сағат бұрын
@ Why? Are you selling one?
@SpiritintheSky.
@SpiritintheSky. 11 сағат бұрын
Another very good video updating the extraordinary developments in Germany. Thank you very much.
@atlaspath5803
@atlaspath5803 10 сағат бұрын
Total assets of 600 billion nothing to worry about! A few good models developed and sold with good sales numbers then back on track!
@ISuperTed
@ISuperTed 4 сағат бұрын
Net Assets about $65BN, take it from an accountant, the losses and impact of their current problems are significant to the group. It doesn’t mean they are Bankrupt, but they are suffering.
@Corsa15DT
@Corsa15DT 9 сағат бұрын
The prices of cars in Europe have almost doubled in the past 4 years, manufacturers need to take a hit. I’ve been holding on to my old tdi, recommend everyone to not buy a new car until the prices come down again
@dylanthomas12321
@dylanthomas12321 12 сағат бұрын
Porsche is about 75 percent owned by VW Group, the rest is held by the Porsche families and some by the public since they did an IPO a few years ago to gain more independence. Interestingly, Porsche SE, the family's holding company, owns about 32 percent of VW Group, said to be a controlling interest. It's super complicated, as Sam points out. But it's within the realm of possibility that Porsche could completely split from VW Group and save themselves. It would take the financial wizards in Frankfurt to figure out if it's possible, but I'll bet there's Porsche family who'd love to get a divorce. If they could launch high end, high performance EV cars that are competitive, a big If, they might save themselves. If the house is burning, run!
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
If Porsche owns a third of VW, then all the more fool on them. However, If they split? that would be very interesting indeed -- as Porsche and VW are not really in the same space.
@dylanthomas12321
@dylanthomas12321 11 сағат бұрын
@TerryHickey-xt4mf Yeah there's articles going back to 2008 when Porsche wanted to buy VW butin 2012 VW bought Porsche in a power struggle.. It's complicated. But back then nobody thought about EVs or that VW would get caught in an emissions scandal or that IG Metall, the union would go insane. Porsche shoulda steered clear. But big egos make you blind sometimes.
@antonetwas2415
@antonetwas2415 Сағат бұрын
Porsche actually owns the majority shares for the relevant decision shares of VW. It's hard to explain, but in short they own more than 50% of the shares of VW, that actually matter about internal control of the company. VW is practically a company of Porsch, whilst on paper Porsche is owned by VW. Nasty stuff, but they both depend on each other and yet hate each other and there is just conflict internally... probably because of this structure.
@trevorlees1241
@trevorlees1241 7 сағат бұрын
Oh and Tesla did buy Groehmann engineering too Best automation co Germany used to do production lines !!
@billbell3737
@billbell3737 5 сағат бұрын
Your confusing Moore's Law with Wright's Law.
@peterwestphal925
@peterwestphal925 8 сағат бұрын
its still wrights law
@albertgan9423
@albertgan9423 8 сағат бұрын
VW is Fuched !
@jameswalsh8837
@jameswalsh8837 10 сағат бұрын
Wrights Law, NOT Moore's Law!
@mallyd4521
@mallyd4521 5 сағат бұрын
How could the Eurozone and Germany in particular expect any other out when it allowed the US to dictate it's energy policy.........Without so much as a whimper from German polititians. Germany,once the industrial power house of the EU is now almost an industrial basket case.............
@SparkySho
@SparkySho 12 сағат бұрын
Herbert Diess was biffy and poshy Porsche retirement plan
@ohcho-fg4co
@ohcho-fg4co 10 сағат бұрын
German car industry is kaput.
@stephman02
@stephman02 8 сағат бұрын
They didn’t anticipate the Trump effect 😂😂😂 or the ability of the Biden administration to @#$& this up, and for Americans to resist their Jedi mind tricks… talk about front row seats to the circus. Some of these CEOs must be laughing at whoever coerced them into following these crazy policies 😂😂😂 If you guys need a CEO on 20 million a year to take the hard decisions give me a call 🫡🤫🫣🤭🤥
@stratman9449
@stratman9449 5 сағат бұрын
not yet...but very soon so.....
@thewolf9851
@thewolf9851 4 сағат бұрын
No it isn't. You keep commenting that under every video and you're wrong every time
@thewolf9851
@thewolf9851 4 сағат бұрын
​@@stratman9449No.
@charlesrovira5707
@charlesrovira5707 5 сағат бұрын
The valuation of *Big Auto* companies will shrink like balloons with their air let out, that's when they don't just burst. Hundreds of billions of dollars will just be wiped from the slate of the world's economy.
@taylorc2542
@taylorc2542 8 сағат бұрын
I'm kinda surprised, of all companies I thought Porshe would be alright. They still make the best chassis on earth and have timeless design. I guess the Chinese never got a chance to drive for pleasure.
@ouethojlkjn
@ouethojlkjn 8 сағат бұрын
Unfortunately they didn’t maintain their exclusivity like Ferrari does . You can build a few cars costing a lot of money or a lot of cars costing less money . In the rarefied world of exclusivity they were trying to burn the candle at both ends and now it’s gone horribly wrong .
@vikos78
@vikos78 8 сағат бұрын
Do you drive a Taycan for pleasure? Really?
@mingouczjcz3800
@mingouczjcz3800 4 сағат бұрын
Chinese automakers like Byd has electrified their chassis coupled with adas, which proactively adapt itself to the road conditions. However, German chassis are all passive ones
@rhollyday
@rhollyday 3 сағат бұрын
Ferdinand Piech is the problem.
@chasingtherains
@chasingtherains 12 сағат бұрын
May be they should start charging higher for heated seat subscription or some gen z marketing campaign
@TerryHickey-xt4mf
@TerryHickey-xt4mf 12 сағат бұрын
that is the trouble, in China all this stuff is standard, and more..
@fatdoi003
@fatdoi003 10 сағат бұрын
VW will charge over the air every time the owner wants to open the fuel/battery flap.....
@alburaq3290
@alburaq3290 6 сағат бұрын
This guy knows nothing about Moore's law 😂
@alainbelisle643
@alainbelisle643 3 сағат бұрын
VW Group will declare bankruptcy this summer, not in 2026. The financial picture is already clear, they are bankrupt but don't want to admit it. At $200 Billion already, the debt is beyond comprehension. And since both the management and the union are escalating their disputes, it will just accelerate the downfall.
@DigitalYojimbo
@DigitalYojimbo 5 сағат бұрын
I still cant get a GT3RS, because I dont buy enough VAG products. GFTO
@gepal7914
@gepal7914 10 сағат бұрын
An industrial economy cannot be competitive with high energy costs. Germany, due to the Green follies, has prematurely moved to “Green energy source”. Solar and wind are simply not viable in a country like Germany. The decision to close nuclear was critical. The chemical and industrial industry cannot compete with, among, the highest energy costs in Europe. This, plus the forced push to electric cars is destroying VW.
@fakamada
@fakamada 9 сағат бұрын
It is all about making EVs. You don't care about China, then you fail.
@joergmaass
@joergmaass 8 сағат бұрын
BS! The energy prices in Germany have been falling since the peek caused by the Covid pandemic and have returned to pre-crisis levels: Year | Average Electricity Cost (€/kWh) ------------------------------------------- 2014 | 0.14 2015 | 0.15 2016 | 0.16 2017 | 0.17 2018 | 0.18 2019 | 0.19 2020 | 0.31 2021 | 0.28 2022 | 0.19 2023 | 0.19 So, the real problem here is not "Green follies", as you find it appropriate to call it, but the exploding cost of fossil fuels during the pandemic, the Ukraine war and the sluggish rollout of renewables and storage capacity, for which the previous governments under conservative leadership are to blame. And it is not the "forced push to electric cars", but the ineptitude, arrogance and cowardice of the management and the owner families that are destroying Volkswagen. They have spent invaluable time lobbying for their old business model, have ignored all warning signs and rather betrayed their customers than prepare for the future and disrupt themselves before the Chinese did, all the time raking in obscene amounts of money that is now missing for investments into the future. They have nothing and nobody to blame but themselves!
@PaleBlueDotCitizen
@PaleBlueDotCitizen 8 сағат бұрын
The people voted for mass immigration and ridiculous woke policies including ending nuclear power that are well on the way to destroying the country and its proud culture. Welcome to your impoverished Islamic state.
@jonb5493
@jonb5493 5 сағат бұрын
Wind, at least, and some solar, are perfectly viable in Germany. Depending on Russia wasn't. But you have one point: premature nuclear closure was a critical error.
@anthonytromp6265
@anthonytromp6265 4 сағат бұрын
Thanks to EVs
@iakona23
@iakona23 9 сағат бұрын
The legacy automakers in the USA are in just as horrible condition or even worse. They will all file for bankruptcy within the next 10 years probably. But the difference is that there are other new industries to partly offset the loss of jobs in the auto industry. With Europe, and Germany in particular, I’m Not so sure. The fall of the European auto industry could be catastrophic.
@haderlumpi
@haderlumpi 8 сағат бұрын
Especially in Germany since politicians gave up on most other industries, judging them as pointless. Germany was ruled by conservatives for 16 years and they always said Germany is the land of engine builders and we do not need other industries. Even the new upcoming chancellor (we will have elections early next year) and his followers said in recent interviews Germany should focus on ICE and not bother with EVs. In their opinion the reason of VWs demise is too much focus on EV. With that said I seriously doubt the future of German car makers.
@yurgurtha4757
@yurgurtha4757 7 сағат бұрын
@@haderlumpi lol what are you talking about, Germany is constantly on of the most complex Economies in the World (6th)...ahead of US(14th) and China (18th). The share of cars in exports is only 7-8%, what about the services Sector? like finance and isnurance, Medical sector, electronics, Textiles machinery, ship engines, Aircraft...lmao just engineers, where you you live to to come up with something like that?
@thewolf9851
@thewolf9851 4 сағат бұрын
Neither the US or the European car makers will file for bankruptcy. You're making things up. EVs will fail, everyone will go back to ICE cars and Germany will be king of cars again
@thewolf9851
@thewolf9851 4 сағат бұрын
​@@haderlumpiThey were right
@DeadraHess
@DeadraHess 7 сағат бұрын
Loving SOL and XAI105x! Following your advice has made me $30K in profits. Super excited for the future of these projects!
@oliverbergfeld1606
@oliverbergfeld1606 10 сағат бұрын
The electric cars by VW are built with classic manufacturing techniques. So automation levels and reduction of parts still have not come to bear significantly. Furthermore Mr Habeck is the reason for the rise in Electricity costs. So he should not really be surprised at the state of production costs in Germany
@Muricans1776
@Muricans1776 12 сағат бұрын
Porsche already has EVs that are popular. Hopefully they continue the development process and transition after this financial crisis of the parent company.
@jimmys6566
@jimmys6566 12 сағат бұрын
Popular? How many have they sold
@rubencouso7497
@rubencouso7497 11 сағат бұрын
I didnt know they had such 😂
@AArata63
@AArata63 2 сағат бұрын
For many years, I told Porsche to stay in their line with the likes of VW and NOT try to compete with Ferrari. They will NEVER be in the same league. But they didn't listen to my great advice and here they are now. Soon you can buy a top 911 for 50,000 euro. I hope others like McLaren and Lambo learn from this and stay in their line. Be happy for what you are.
@vijjreddy
@vijjreddy 4 сағат бұрын
HOW CAN THEY DO IT, IF ANY PORSCHE WOULD FACE FALL IN VALUE IN ITS INVESTMENTS IN VW, BUT NO WAY VW CAN TRASFER LOSSES TO PORSCHE
@AliSerdar-o9d
@AliSerdar-o9d 7 сағат бұрын
XAI105x is the gem of 2024 it's literally owned by Elon Musk
@siamsurf
@siamsurf 6 сағат бұрын
Please put the sources in your video descriptions.
@ZahideMehmet
@ZahideMehmet 7 сағат бұрын
Once Elon Musk's XAI105x passes $1, it may NEVER see that low again
@WarynAbi
@WarynAbi 11 сағат бұрын
If this isn’t a tax avoidance scheme then it’s an opportunity for Porsche to clean up their reputation in terms of setting high unrealistic prices for their 911
@rogerhudson9732
@rogerhudson9732 2 сағат бұрын
What happed to Porsche KG ? The Family holding.
@JulideMehmet
@JulideMehmet 7 сағат бұрын
There is no project like XAI105x...it is literally owned by Elon Musk
@bjornaltmann8184
@bjornaltmann8184 11 сағат бұрын
You seem to enjoy reporting on how bad the German automotive industry is doing, thank you very much!
@des_smith7658
@des_smith7658 10 сағат бұрын
Vorsprung durch technik.. As Germans still like to imply
@andrewlim7751
@andrewlim7751 10 сағат бұрын
We love to hear how the Germans (ownselves screwed ownselves), this serve as a constant reminder not choose idiots as leaders. 😂😂
@branakovacevic5348
@branakovacevic5348 9 сағат бұрын
I drove Volkswagen ID.7 GTX tourer for a day. It's the best electric car I ve driven by far!
@UlkuhanAhmet
@UlkuhanAhmet 7 сағат бұрын
I'm happy I saw the video for the XAI105x crypto token or else I would've missed it lol
@HansjurgenMuller-dc3wq
@HansjurgenMuller-dc3wq 8 сағат бұрын
"Piëch" - it's not pronouced "Peach", rather "Pee-ach". Porsche is "Por-sha"; Volkswagen is "Folksvagen".
@peetfourie5193
@peetfourie5193 6 сағат бұрын
Everything gets anglicised . Annoying !.
@stratman9449
@stratman9449 5 сағат бұрын
@@peetfourie5193 spare your breath...the brits (i've been married for 50 years to one) will NEVER ever learn that......haha....
@chachenaki_kichenancha
@chachenaki_kichenancha 3 сағат бұрын
Shut up
@fcalin21
@fcalin21 4 сағат бұрын
Greed is the problem. The leadership greed.
@markmcculloch2570
@markmcculloch2570 11 сағат бұрын
It’s all just sad news about the German car manufacturers. But always the comments are always heartless.
@FrankiePo89
@FrankiePo89 10 сағат бұрын
The car manufacturers didn't give us the hearts when they were on cloud 9.
@des_smith7658
@des_smith7658 10 сағат бұрын
Pity the poor old nazis
@BittermanAndy
@BittermanAndy 10 сағат бұрын
I wonder if that's anything to do with German car manufacturers literally killing people for money by faking emissions tests... nah, that can't be it, just commenters being heartless.
@colinwp8285
@colinwp8285 12 сағат бұрын
But Europe has no viable software for their EVs yet, blew a stack of $$$s on Cariad,. FVW has its roof on fire, so does Stelliantis.
@TerryHickey-xt4mf
@TerryHickey-xt4mf 11 сағат бұрын
10 years ago, China stated that they would go the ev way, and nobody in the west seemed to take any notice, until now of course.
@jasonmugridge
@jasonmugridge 10 сағат бұрын
VW are using local software in China.
@cos_marc
@cos_marc 9 сағат бұрын
Everything from 4.0 software is totally fine, quite snappy and it has quite useful functions like manual preheating of the battery or apple carplay and android auto, unlike tesla.
@JessKrimmy
@JessKrimmy 9 сағат бұрын
We don't need more cars. We have enough
@oldslowjim
@oldslowjim 8 сағат бұрын
Porsche, You have to buy 2 or 3, or 4 lesser porsche cars/ SUV/ junk, THEN the dealer will let you order one of their "special" cars, GT3's, spyder, special edition cars. As an Ex-porsche owner, I hope they go bankrupt. It's just an expensive VW. Nice car but REALLY?????? My next car will be Corvette C-8 ZO6.
@westmus
@westmus 8 сағат бұрын
Ferrari seems to have success with doing similar. It's of course ment to increase the prestige in owning such an special edition. To many wealthy people in the world today, luxury brands try to find ways so it takes more than that just having the money to own some things. The company I work at made an special designed product for Balenciaga (fashion brand). Only 20 pieces was made and only selected Balenciaga VIP customers got the offer to by one. Music megastar Beyonce have been seen with one of these in public.
@iankuah8606
@iankuah8606 5 сағат бұрын
Corvette? GM is in deep shit too as no-one wants their EVs, least of all truck users where this tech is not fit for purpose.
@Blessedmantoday
@Blessedmantoday 8 сағат бұрын
Might the best one win
@Harrycowlton
@Harrycowlton 9 сағат бұрын
Wrights law!
@markrowland1366
@markrowland1366 11 сағат бұрын
Ford declared their ev department wiuld be seperated off. Giving them free rain. That could never be. EVs are computer tech in value. Without mastery of that removes so much failure is always going to be the outcome. Tesla is based on tech, not cars. Watching You Tube, so many presintations of old cars, powerful cars, quick cars, and racing cars. This promoting of new cars this way was exposed when the millitary recruteing people spent a fortune in Stock Car racing, without a return. They found men over fifty were following that. Hollywood and TV keeps car racing in the public eye. I have never wanted to attend but have been drawn along. Petrol powered polution is ten times more important.
@victic2277
@victic2277 12 сағат бұрын
R.I.P. for their share holders.
@random_nick_for_comments
@random_nick_for_comments 11 сағат бұрын
Who cares about them, they can get themselves together by bootstraps
@des_smith7658
@des_smith7658 10 сағат бұрын
Diehards
@fatdoi003
@fatdoi003 10 сағат бұрын
every investment has risk factor...
@munggebrot
@munggebrot 11 сағат бұрын
I bought a Tesla Model Y in Switzerland. Great price, very nice and practical car. Suitable for long journeys. Most Germans only buy German cars. They prefer the dirty diesel and call it "clean". If you are travelling at 180 km/h on the AUTOBAHN, then an electric car is not the right choice. Germany is an open-air zoo. The only country in the world without a speed limit. O.k. I'm not sure about North Korea... ;-)
@veikovasko5603
@veikovasko5603 10 сағат бұрын
At 200km/h EVs have less than half of the specified range. Same is true for ICE cars, but they can refuel rapidly mid journey, so it is understandable for some Germans EV means a compromise or downgrade. Also, if You pay market rates for electricity, then savings are miniscule. However, many german homes have solar and then it becomes a lot more attractive
@dobbo7690
@dobbo7690 10 сағат бұрын
Ioniq 5n on Nüburgring kicks ass.
@jeffmorton5539
@jeffmorton5539 5 сағат бұрын
Elon should buy some of these good auto brands like Porsche and rebuild them as EV s going forward to keep the brand before it disappears forever.
@jonb5493
@jonb5493 5 сағат бұрын
Better still, BYD or SAIC. While the Chinese are about it, they could create some battery production in Europe, which is clearly beyond the capacity of the locals.
@wdazza
@wdazza 10 сағат бұрын
This is what happens when you can't sell ICE vehicles in China! Yes, China has moved to a new technology and the legacy car makers are being left behind.
@fakamada
@fakamada 9 сағат бұрын
Simple as that.
@des_smith7658
@des_smith7658 11 сағат бұрын
It's time to repair Nordstream
@SparkySho
@SparkySho 12 сағат бұрын
Not first or GAF
@jimmys6566
@jimmys6566 11 сағат бұрын
Moore's Law? You keep making stoopid errors like this.... try Wrights Law
@markodraksic3800
@markodraksic3800 7 сағат бұрын
He is not the sharpest knife in the kitchen, is he?
@jimmys6566
@jimmys6566 6 сағат бұрын
@markodraksic3800 🤣
@cocheshiperdesportivos7181
@cocheshiperdesportivos7181 6 сағат бұрын
make germany great again
@JohnPap21
@JohnPap21 11 сағат бұрын
Just yesterday I've read an article where EU demands from China technology trade to catch up in EV software. Personally I expect to see China demanding back from EU - Netherlands technology in lithography and semiconductor technology to agree on this trade.
@captives6479
@captives6479 10 сағат бұрын
It's the cost of manufacturing, not the tech. For one thing, Chinese auto industry has no unionized workers.
@Eileen-e8f
@Eileen-e8f 54 минут бұрын
Nobody really wants a weak split case engine in a modern sports car. You can not sell a VW for porche money.. Where is the real VW type 1 for the 21st century? Thanks
@WowRixter
@WowRixter 5 сағат бұрын
Nothing wrong with EVs but they're always going to be niche share of the car market
@trevorlees1241
@trevorlees1241 7 сағат бұрын
Gosh who will buy them out ??
@garethrobinson2275
@garethrobinson2275 12 сағат бұрын
Wright's law not Moores law is the one you meant. Look it up.
@rogerfaint499
@rogerfaint499 11 сағат бұрын
Nope, he meant Wong's Law.
@des_smith7658
@des_smith7658 11 сағат бұрын
It's all lore to me
@daysofgrace2934
@daysofgrace2934 2 сағат бұрын
Now that road tax, congestion charge are going to be applied EVs in London people are having second thoughts. I can fuel pump 10 minutes down te road from and fill-up for 600 miles in 10 minutes. EV also pollute and are exploitative and unethical - just look at the coltan mines in the 3rd world, all for better 1st world local air quality...
@AlternativPerspectiv
@AlternativPerspectiv 10 сағат бұрын
For those unions and workers who demand a cut of the profits when the company makes money... will they accept a pay cut now? OR... does sharing the outcomes only work when the team wins?
@leaulife569
@leaulife569 7 сағат бұрын
26% of not much is next to nothing.
@iakona23
@iakona23 9 сағат бұрын
I would like to see Porsche and Audi survive and somehow separate themselves from the doomed VW group. I like those 2 brands.
@AdemHazan
@AdemHazan 7 сағат бұрын
Bought XAI105x after watching your video, super excited!
@trevorlees1241
@trevorlees1241 7 сағат бұрын
Chinese own the Italian company that makes the ,…. Gigapress !! Without those you can’t make cars in less than 30hrs per car - with it down to under 10 ,…. Going down to 5 hrs Good night Vienna Should be theme song
@joshualewis3337
@joshualewis3337 11 сағат бұрын
Wright's law, not Moore's law
@GrillerGT
@GrillerGT 2 сағат бұрын
I'd like to see who will be buying all those Chinese cars once the EU economy collapses
@alanjones8603
@alanjones8603 2 сағат бұрын
It will be a one-off event. VW group is not about to collapse. Too many exaggerations from you. Yes, some contraction and disruption but they will come through this.
@luizfranca420
@luizfranca420 5 сағат бұрын
Will need to sell it to the Chinese soon or later
@BURTONFranklin
@BURTONFranklin 7 сағат бұрын
Appreciate the advice! Bought XAI105x at $1, holding for 10x gains. Major exchanges like Coinbase, Bybit, and Binance are set to list it soon. Your insights always lead to great investments. Excited about this opportunity, thanks for the tip! Looking forward to significant returns!
@HuriyeMuzaffer
@HuriyeMuzaffer 7 сағат бұрын
Can't believe I almost missed out on Cardano and XAI105x! Thanks for the heads-up in your video!
@4g63t8
@4g63t8 Сағат бұрын
EVs don’t make money
@AuralioCabal-nl8gi
@AuralioCabal-nl8gi 9 сағат бұрын
Don’t you worry , VAG , VW , and POORsche is too big to fail.😂
@dougm659
@dougm659 8 сағат бұрын
No it’s not!
@alalimicompany
@alalimicompany 6 сағат бұрын
In trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial to success. The saying ~"time in the market vs. timing the market" is a good. mindset to have when faced with market fluctuations. Thanks to JENNIFER LORELLE ROBERTS insights, daily trading signals, and my dedication to learning, I have increased my daily income. Keep it up!!
@alalimicompany
@alalimicompany 6 сағат бұрын
SHE IS MOSTLY ON TELEGRAMS
@alalimicompany
@alalimicompany 6 сағат бұрын
@Jenniferlorellerobert ✅
@WandinhaGaloDoido
@WandinhaGaloDoido 6 сағат бұрын
Jennifer Lorelle Roberts is among the best traders on the internet and I'll keep saying it every time
@GIABO-x9g
@GIABO-x9g 6 сағат бұрын
Thank you.. I have searched, her up her Telegrams, I think I. am satisfied with her experience
@robertdagga
@robertdagga 6 сағат бұрын
Trading used. to be a difficult for me, but with Jennifer Lorelle Roberts guidance, it's now a walk in the park. Highly recommend his courses!
@trevorlees1241
@trevorlees1241 7 сағат бұрын
Chinese own the Italian company that makes the ,…. Gigapress !! Without those you can’t make cars in less than 30hrs per car - with it down to under 10 ,…. Going down to 5 hrs Good night Vienna Should be theme song Oh and they have to build EV’s w😅th one central computer like Tesla Can’t do that either !! Huge unemployment in Germany
@deanborisov
@deanborisov 11 сағат бұрын
Go electric go broke🤣🤣
@VladoK_404
@VladoK_404 11 сағат бұрын
That why Elon is poorest man in the world. Or maybe not.
@captives6479
@captives6479 10 сағат бұрын
@@VladoK_404 Who still buys Tesla in non-Western world?? 🤣
@VladoK_404
@VladoK_404 10 сағат бұрын
@@captives6479 Do they have factory in China for nothing?
@deanborisov
@deanborisov 10 сағат бұрын
@@VladoK_404 Tesla did not make him the richest man on earth
@fakamada
@fakamada 9 сағат бұрын
Level of ignorance here makes me feel depressed. They didn't go electric in China and they failed. These kids are telling otherwise. Funny AF.
@colinwp8285
@colinwp8285 12 сағат бұрын
Well,, I can see a derivative action claim from shareholders.
@chuckrogers5567
@chuckrogers5567 10 сағат бұрын
Here’s an external evaluation. Dividends or no dividends, run like hell from VW as an investment.
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