RT X Freeze (@XFreeze)George Blankenship got so emotional sharing the story of early TeslaThe Model S was the first car from Tesla that was really meant for people to drive like a regular carIt was their do-or-die moment. The production line pushed the company into one of the most terrifying survival stories in startup history10,000 people trusted and handed Elon Musk $5,000 each without a car or a guarantee - only a promiseThe reality behind the scenes was grim. In Q2 2012, Tesla managed to deliver just 12 ...

America rejected the EV revolution. Now a whole new rust belt has emerged. https://t.co/0rzBtMHBPM ...

America rejected the EV revolution. Now a whole new rust belt has emerged. https://t.co/LCKfvtEM5y ...

America rejected the EV revolution. Now a whole new rust belt has emerged. https://t.co/B4J1P6Epm9 ...

America rejected the EV revolution. Now a whole new rust belt has emerged. https://t.co/ecce75lZMb ...

America rejected the EV revolution. Now a whole new rust belt has emerged. https://t.co/dOCuHJeOwh ...

10 years of Model 3The car that started the EV revolution https://t.co/D5R21Z6MHd ...

🎉 WE HIT 100,000 SUBSCRIBERS ON YOUTUBE! ⚡🚀From our very first meetups in 2018 — a small group of Tesla enthusiasts gathering right next to Tesla HQ in Silicon Valley — to 100K strong today. This milestone belongs to every single one of you.We’ve covered epic Tesla drives, FSD betas, real conversations with Elon, X Takeovers, sustainability missions, owner stories, and the heart of the EV revolution. 3,400+ videos later and we’re just getting started.None of this happens without you — the owners, enthusiast ...

Sean Hannity just called his Tesla Model S Plaid the “greatest rocket ship, kick-ass car” he’s ever owned — and the man’s a lifelong muscle-car guy 😂1,020 HP. 1.9s 0-60. Full Self-Driving.Even the biggest conservative voices are switching up. The EV revolution is here and it’s unstoppable. 🔥🚀@KatieMiller @seanhannity @elonmusk ...

Summary of the China Auto Sector Conference Call Industry Overview - The conference call focused on the **China Auto Sector**, particularly the electric vehicle (EV) market and the impact of commodity cost inflation on the industry [1][7]. Key Insights and Arguments Commodity Cost Inflation - Commodity cost inflation is a significant challenge for China's EV sector, especially amid weak current demand [1][4]. - Historical analysis from the last commodity upcycle (2021/22) shows that most carmakers faced declines in market share, margins, and valuation multiples, with only CATL maintaining pricing power [1][2]. Company Strategies During Previous Upcycle - **Tesla**: Increased vehicle prices to pass on costs, resulting in initial strong demand but a subsequent loss of market share from 14% in 2021 to 8% in 2024/25 [2][11]. - **BYD**: Focused on DM-i plug-in hybrid technology, leading to significant sales growth (1.5x from 740,000 in 2021 to 1.87 million in 2022) and a 4.5x increase in net profit [13][14]. - **GWM**: Scaled back on low-end BEV models, leading to a drop in sales and market share, with a share price decline of approximately 60% in 2022 [17][18]. - **Nio and XPeng**: Experienced slowed growth and widening losses due to lack of ICE or PHEV options, with significant declines in gross profit margins [21][22]. Current Market Conditions - The current commodity cost spike is less severe than in the previous cycle, with lithium prices not exceeding Rmb200,000/tonne compared to over Rmb500,000/tonne previously [3][35]. - Domestic EV market demand is weak, making it challenging for companies to pass on higher costs to consumers [3][4]. - Companies with established overseas exposure, like CATL, BYD, and GWM, are better positioned to mitigate current challenges compared to mass-market OEMs like XPeng and LeapMotor, which have only about 10% overseas exposure [4][35]. Future Outlook - The sector remains cautious due to ongoing commodity inflation and weak demand, particularly in the economy segment, which is more vulnerable to price sensitivity [4][35]. - The competitive landscape remains fierce, with significant fundamental challenges for carmakers despite some potential positives, such as less demanding valuations compared to the last cycle [3][4]. Additional Important Points - The report highlights the importance of overseas sales for mitigating commodity cost inflation, which was not a factor in the last cycle [35]. - The potential for efficiency gains is diminishing as companies have already optimized many processes [35]. - Risks to the traditional internal combustion engine (ICE) sector include economic slowdown, excessive capacity, and regulatory changes, while risks to the new-energy vehicle (NEV) sector include changes in government policies and potential overcapacity in the battery industry [38][39]. Conclusion - The China Auto Sector is navigating significant challenges due to commodity cost inflation and weak demand, with varying strategies among key players. Companies with strong overseas exposure and innovative technologies are better positioned to weather these challenges.