MK_Investments
Edited
πŸ‡©πŸ‡ͺ Sentiment in German automotive industry seems to be pushing for last 50 shades of depression. Chinese competitions and damage from green transitioning. ☝️But there is one thing to take in account - if European car sales will go down, EU will introduce tariffs. ☝️ As far as politician elites are on power, they will never .. I want to assure you and highlight ... will NEVER, allow factories to close down. ☝️ And risk in stock market at this price is only if companies lose at least 50% - 80% of their profits. ☝️ Because P/E are: $BMW.DE (Bayerische Motoren Werke Aktiengesellschaft) - 4.69 $VOW3.DE (Volkswagen AG) - 3.25 $PAH3.DE (Porsche Automobil Holding SE) - 2.46 AND! 🏎️ For those who missed this: the final import duties for the import of electric cars in πŸ‡ͺπŸ‡Ί Europe are known today πŸ‡ΊπŸ‡Έ for Tesla 7.8% πŸ‡¨πŸ‡³ BYD 17% + 10% πŸ‡¨πŸ‡³ Geely 18.8% + 10% πŸ‡¨πŸ‡³ SAIC 35.3% + 10% This is what we will have already. They might be raised up again if European car companies will not feel good. Not investment advice
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