I agree with your observation regarding BEV. Objectively speaking, the numbers of BEV sales V ICE is insignificant currently.
" Tesla is not only outselling ICE competitors, it is outselling compared to all of its competitors models put together."
-------------------------------
Why aren't them making any money with the first mover advantage? Technically last quarter was the the FIRST profitable 3 months in their history. That is a start.
Has that "lag" got anything to do with Chinese subsidy tweaking along the way? I can only see the Chinese creating an entire new industry organically independent on market trends. My belief is that the primary reason isn't pollution but equal level playing field. Through regulative policy decisions, every car manufacturer making and selling locally require a % of EV. This is not a market pressure decision but a sovereign strategic policy shift.
This means the EV industry is exposed to the whim of the Chinese Govt policy shifts depending on their objective. Currently the industry is being caught out by their policy shift to quality instead of the quantity whereby Av Joe EV manufacturers milking the subsidy for profit at the determent of progressive EV battery tech.
These fundamentals roosting are either very ST pile in as we saw from 2017/18 or a LT strategic creation with teething pains along the way. I don't have patience for those LT views to play out but we are all different financially, life span or personality. I am glad I didn't look at the headlights (Fukushima) but proactively reduced my loss and try to balance out with the gains. Those folks are still telling me now is the time to be loading up!
- Forums
- ASX - By Stock
- ARL
- ARL chart
ARL chart, page-1065
-
-
- There are more pages in this discussion • 2,753 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $87.86M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 44.0¢ | $12.74K | 28.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 19504 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15213 | 0.440 |
2 | 26150 | 0.435 |
2 | 40000 | 0.430 |
1 | 1500 | 0.420 |
3 | 44390 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 19504 | 2 |
0.480 | 5000 | 1 |
0.485 | 15000 | 1 |
0.490 | 15000 | 1 |
0.500 | 25000 | 1 |
Last trade - 13.59pm 23/08/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online