#Ford Imitates Tesla (TSLA)
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empresa-journal · 1 year ago
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Will the Strike destroy the US Auto Industry?
The UAW strike will not destroy the US auto industry, but it could wreck the historic Big Three automakers. The United Auto Workers (UAW) struck Detroit’s historic Big Three automakers, Stellantis (STLA), Ford (F), and General Motors (GM) on 15 September 2023. This strike will disrupt the auto industry because of the UAW’s demands. For example, the UAW wants to end tiers for workers. Under…
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empresa-journal · 1 year ago
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Is Xpeng (XPEV) a value in Electric Vehicles?
Interest in Chinese electric vehicle maker Xpeng (XPEV) is high, and it is easy to see why. Mr. Market paid $17.531 for Xpeng and $238.59 for Tesla (TSLA) on 25 August 2023. Consequently, many people view Xpeng Inc. ADR (NYSE: XPEV) as a bargain. Is it? My answer is no because Xpeng reported a quarterly operating loss of -$376.45 million on 31 March 2023. Moreover, Xpeng’s quarterly revenues…
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