Very interesting POV as usual Mr. Dunne. Your recommendation are intriguing as well. I feel Detroit automakers will be slow to recognize the threat just as they (and others) were slow to recognize the Tesla threat.
It's possible, even unintentionally, that Americans' preference for large, gas-guzzling trucks and SUVs is, for now, a moat against the Chinese invasion. Fully agreed that Detroit needs to shore up the cheap end of the market to deny the Chinese a beachhead (and before Tesla makes up for its time wasted on the Cybertruck and puts out a sub-$30k Model 2)!
Very interesting POV as usual Mr. Dunne. Your recommendation are intriguing as well. I feel Detroit automakers will be slow to recognize the threat just as they (and others) were slow to recognize the Tesla threat.
Great insights, Mr. Dunne, thank you for helping inform some of my own thoughts on the matter that I expanded upon here: https://yallstreet.substack.com/p/shanghai-noon
It's possible, even unintentionally, that Americans' preference for large, gas-guzzling trucks and SUVs is, for now, a moat against the Chinese invasion. Fully agreed that Detroit needs to shore up the cheap end of the market to deny the Chinese a beachhead (and before Tesla makes up for its time wasted on the Cybertruck and puts out a sub-$30k Model 2)!
Yup Michael. We’ve seen this movie before.