BOYD Gaming Corp

Dealer inventory turns for BYD have collapsed from 25+ days in January to single-digit days across Australia, Singapore, and other Asian markets — demand is now supply-constrained, not demand-constrained.

On-the-ground dealer checks show Chinese EV inventory turns collapsed from 25+ days in January to single digits, signaling sold-out conditions across Asia driven by the oil shock.

Global trade barriers are easing — Canada cut tariffs from 100% to 6.1%, Europe is shifting from tariffs to price minimums — and Geely's portfolio of Western brands (Volvo, Aston Martin, Polestar) gives it a structural advantage in international market access.

The CCP prioritizes building a durable industry that employs workers and generates taxable revenue — not maximizing shareholder returns. Investors in Chinese EV companies are unlikely to be big winners even as the companies take global share.

The CCP prioritizes building a durable industry that employs people and generates taxable revenue over shareholder returns. Automaker stocks that beat the market are 'rarities to the point of possibly being extinct.'

Geely's stakes in Volvo, Aston Martin, and Polestar provide a head start in global penetration as trade barriers thaw — Canada cut tariffs from 100% to 6.1%, Europe shifting to price minimums. A lukewarm pick: better opportunities exist elsewhere.

EV demand across Australia, Singapore and other Asian markets has accelerated dramatically; BYD cars that sat on lots 25+ days in January now move in single digits, with supply now the binding constraint.

BYD EV inventory turns across Australia, Singapore and other Asian markets have collapsed from 25+ days in January to single-digit days, with many dealers back-ordered — supply, not demand, is now the binding constraint.

China represents only 7% of Ferrari's sales (down from 10% peak), compared to Porsche where China collapsed from 33% to 15% of deliveries and continues falling amid domestic EV competition.

AI-driven manufacturing and competition are compressing the premium that consumers will pay for brands, with LVMH and Ferrari stock charts showing the trend. Tesla and BYD's success against BMW, Mercedes, and Porsche demonstrates the pattern.

Chamath argues brand premiums are going to zero as abundance economics take hold, pointing to Tesla disrupting BMW/Mercedes/Porsche and BYD dominating China on value — and flagging LVMH and Ferrari stock charts as evidence the luxury segment is not immune.

AI-driven abundance and cheaper-better-faster products are undermining brand premiums across industries, from Tesla disrupting BMW and Mercedes to BYD commoditizing cars in China, with LVMH and Ferrari stock charts reflecting this erosion.

NVIDIA built all three computers required for autonomous vehicles — training, simulation (Omniverse), and in-car inference (Alpamayo reasoning system) — enabling any OEM to buy one or all layers, with even closed-stack players like Tesla purchasing NVIDIA training hardware.