Comment on Chinese Carmaker Overtakes Tesla as World’s Most Popular EV Maker

filister@lemmy.world ⁨1⁩ ⁨year⁩ ago

• Tosti@feddit.nl ⁨1⁩ ⁨year⁩ ago

  Company is beholden to the Chinese government, apparently that is worse than beholden to a manchid and a group of ultrarich shareholders.

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  • WhatAmLemmy@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Rather ironically, BYD is probably closer to the “value investing” (realistic) value than most hyper-inflated western stocks, which completely decoupled from reality a long time ago…

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    • bionicjoey@lemmy.ca ⁨1⁩ ⁨year⁩ ago

      Regardless of value sentiment, I’d never consider investing in a Chinese stock. Too much risk that the CCP makes some big overnight change that torpedoes the price.

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      • maynarkh@feddit.nl ⁨1⁩ ⁨year⁩ ago

        Not like that happens with US stocks.

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      • ademir@lemmy.eco.br ⁨1⁩ ⁨year⁩ ago

        Is there history of this happening?

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  • Critical_Insight@feddit.uk ⁨1⁩ ⁨year⁩ ago

    Atleast Musk and Tesla shareholders aren’t commiting a genocide so the argument could be made that it indeed is less bad.

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