Chinese EV’s are only cheap because the Chinese government subsidises pretty much every stage of their production.
It is anti competitive - solely with the aim of establishing market dominance. The companies would likely not be able to survive if it wasn’t for the Chinese Government.
So - in order to level the playing field there are a number of options and levers the US Govt can pull - the main take away is pretty much all of them will ultimately benefit Syrah (with a substantial amount of shares that’s my main concern - not the US consumer).
Cheers
DYOR IMO
General Discussion, page-1089
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Last
29.3¢ |
Change
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Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $440.3K | 1.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 666678 | 29.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 181685 | 23 |
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| SYR (ASX) Chart |