SAIC
Science Applications International Corporation Common Stock
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Tesla, McDonald’s And 3 Stocks To Watch Heading Into Monday - Science Applications Intl (NYSE:SAIC), McDonald's (NYSE:MCD)
Tesla, McDonald’s And 3 Stocks To Watch Heading Into Monday - Science Applications Intl (NYSE:SAIC), McDonald's (NYSE:MCD)
My 2/27-3/3 Playbook: $LAZR $LAC $FSR *Bonus: $CHPT
BYD more than double Tesla Chinese sales in 4Q. Li and XPeng the big 2021 growth stories
New Silicon - SSB - Lithium Metal Battery - Announcements - Microvast ($MVST) Presentation, Dr Wenjun Mattis CTO Microvast November 25th Transcript - New Pack, Module and Cell Technology & Safety Testing
Silicon and SSB Battery Announcements - Microvast ($MVST) Presentation, Dr Wenjun Mattis CTO Microvast November 25th Transcript - New Pack, Module and Cell Technology & Safety Testing
Tesla barely sells 10% of EV's in the advanced EV markets of China and Europe, where 1 in 5 cars sales are EV's (US 1 in 30)
Microvast: Are De-SPAC Short squeezes back on the menu?
Tesla sells 1% of global car sales and is worth more than all the companies combined that sell the other 99%
Who is trying to kill Quantumscape?
Luminar's (LAZR) Recent Partnership with Volvo is Only the Beginning
$THCB (Microvast) 2021 Wedbush Electric Vehicle Conference presentation recording link below
$THCB (Microvast) 2021 Wedbush Electric Vehicle Conference presentation recording link below
Science Applications International Corp $SAIC Apr 16 Call options
Wuling Motors, the avenue to a cheap EV across the world?
Luminar Technologies - 50%+ shorted despite great growth potential
Luminar Technologies - 50% shorted and increased market
Mentions
I graduated during the great recession. Getting a job was hell. Took me 6 months, and I was treated like dogshit by every hiring manager because they knew they had all the power. And it was mostly the shitty places hiring because they were burning through employees and always had slots to fill. My favorite story goes something like this. The job was working on [al.com](http://al.com), basically a news site specifically for Alabama. I apply, the hiring manager gets back to me and says I'm a great fit, blah blah blah please answer these questions. I answer the questions, and the guy fucking ghosts me. Two weeks, no response. I email him again, no response. Oh well, it's not like I was dying to work on al.com. A few weeks later, he emails me back again. Asks me for times to interview, which I provide. Ghosts me again. This repeats every several weeks, the entire time I'm looking for a job. Eventually I get hired at SAIC, so the next time they email me I ask about the pay range so I can compare to what I got at SAIC. And for the first time, he actually responds! To tell me that I shouldn't expect a competitive salary because there are so many people who want this job and if I ask for more than $30k they'll just hire one of them instead. Sure thing, boss. Mind if I just ghost you a lil' bit here? Even in 2008 for a recent graduate with no professional experience, $30k for a software engineer was absurd. SAIC was paying me $52k, which was also pretty shit if we're being honest. That was only *barely* enough to get us month to month and I ended up defaulting on my student loans due to my wife's medical bills. I'm pretty sure what happened is that guy was keeping as many people strung along as possible at all times, so whenever one of their employees got tired of dealing with them and quit, they could mass email the list and hire somebody at random who was desperate enough to accept an offer 40% below market rate. Being such a cunt during the hiring process may even have been intentional, the way email scammers intentionally use broken english to weed out people who notice the obvious (yes, they really do this). They might have been weeding out the people with self respect or other options to reduce their attrition rate. Of course this is all assumption on my part, but it was such a bizarre and antagonistic process that I just don't see anything else that makes sense.
Agree in a large part - but even the EU is in panic mode right now. One of the few industries in the EU that doesn't suck is their automotive one - especially Germany and italy (heavy union presence) - They will not allow Chinese cars to decimate their industry. [Exclusive: EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source | Reuters](https://www.reuters.com/business/autos-transportation/eu-investigators-inspect-chinas-byd-geely-saic-ev-probe-source-2024-01-12/#:~:text=The%20probe%2C%20launched%20in%20October,would%20carry%20out%20the%20visits.)
Historically it was not really a 'free market'. Before Tesla, if an outside player wanted in, a partnership with a Chinese auto company was required. i.e. SAIC VW.
$SAIC, $BAE. Looking good in 6 months
What facts are you basing this on? Detroit has ownership in some major global car manufacturing companies, even the Chinese ones. Go look up SAIC-GM and Changan Ford. People don't seem to realize the Chinese auto industry didn't just spring up a few years ago. They've been making cars for decades, they've just never been good enough to sell outside of China.
You could also look at earth observation companies like Planet(PL), BlackSky (BKSY), Spire, NV5, TetraTech, Comtech, SAIC, Redwire. All usually have federal contracts.
Last week I lost like 6k in the SentinelOne earnings, on tilt I closed out my long GEO position which was worth about 8k to yolo into the SAIC earnings which had their first top-line miss in 4 years. Geo is up around 20% since I closed my position. 
Fuck SAIC and fuck STNE
Welp, so much for SAIC 🤷♂️
The fuck is SAIC dipping for? Up YoY, lower quarterly performance but still a beat, projections for 2025 are great, they’ve only grown massively.
SAIC Calls STNE Calls CNM Calls ZTO Calls HQY Calls Olli Puts MU Puts Five puts Nike puts Let’s see how many I’m right really need a rebound after a 20k loss last week
SAIC and AIR will moon because 'AI' in the ticker Calls.
Just SAIC calls for now. I'll buy Nike, Lulu, and FedEx puts on Thurs. probs
If you have spare $ to blow, SAIC is the ONLY monday pre-market open earnings report. I'm all in on $160 calls.
SAIC and PDD calls😸
**SAIC** - US tech defense company with the US government as their only client is reporting revenues on Monday. I mean, the whole world is either at war or on the brink of war. There is no way the stock will go down, right? Right guys?
There are better tech government contractors to invest in, like PSN or SAIC.
PLTR seems like any other government contracting company. It pumps, the C-Suite gets rich and either lives large and crashes it or sells it to a bigger fish. Few survive over the years like BAH, Accenture, SAIC, etc.
LMT and NOC are going to go on a run this month. Same with LDOS and SAIC but they don’t have enough volume to play the options.
Ty. Parsons is clutch HQ in VA lots of federal, what stands out is TEAMS on the MDA. Who is looking for AI solutions for cybersecurity. Huge contract and looks like a win. Yup. SAIC snagging big DoD contracts the news this year is solid. It’s very long term funding like years. Thanks these rule I’ll check technicals and such to see if it’s not too late but yeah exactly what I was looking for. The gov private security advisors and leaders. Great hot tip I looked into it liking so far.
You want to look into PSN and SAIC
Last opportunity to hop off SMCI & NVDA is tomorrow..smart money is looking at SPOT as the next play..Before dumping everyone on crypto as the havlving gets close..if you want something that always gets up look at WM,CHIPOTLE & SAIC
MG Motor UK Limited (MG Motor) is an automotive company, headquartered in London, owned by the Shanghai-based Chinese state-owned automaker SAIC Motor. MG Motor markets cars sold under the British MG marque, while vehicle manufacturing takes place at SAIC's plants in China, Thailand, Indonesia and India.
Nah they were kinda janky up till the early 2010s maybe but around the time that Geely bought up Volvo the other Chinese manufacturers started making a lot of improvements as well. I’d say anything from Geely, BYD, or SAIC are all going to be reasonably good cars. SAIC has been exporting a fuckton of MG cars lately and they’ve been good enough that [carwow thought the MG4 was the best overall car they drove last year.](https://youtu.be/HSA3XL8XDC8). You’re living in the past if you think they’re still shitty copies. They basically took advantage of the transition to EVs and started working on EV stuff years ago to avoid how behind they were on engines and transmissions. BYD went hard on EV stuff super early, they’ve had plugin hybrids and EVs for over a decade now.
🇺🇸 Tesla: $777b 🇯🇵 Toyota: $234b 🇨🇳 BYD: $97b 🇩🇪 Porsche: $97b 🇩🇪 Mercedes-Benz: $76b 🇻🇳 VinFast Auto: 68B 🇩🇪 BMW: 66B 🇩🇪 Volkswagen: $63b 🇮🇹 Ferrari: $57b 🇳🇱 Stellantis: $56b 🇯🇵 Honda: $53b 🇺🇸 Ford: 48B 🇺🇸 GM: 46B 🇨🇳 Li Auto: $42b 🇮🇳 Maruti Suzuki: 37B 🇰🇷 Hyundai: 33B 🇮🇳 Tata Motors: 26B 🇨🇳 Great Wall: 26B 🇰🇷 Kia: $23b 🇨🇳 SAIC: $23b 🇮🇳 Mahindra & Mahindra: $23b 🇺🇸 Rivian: $22b 🇨🇳 NIO: 20B 🇯🇵 Suzuki: $19.6b 🇯🇵 Nissan: $17.1b 🇨🇳 XPeng: $16.2 🇨🇳 Chongqing Changan: $15.9b 🇯🇵 Subaru: $15.1b 🇺🇸 Lucid Motors: $14.5b 🇨🇳 Geely: $12.9b 🇨🇳 GAC: $12.3b 🇹🇼 Hotai Motor: $12b 🇹🇷 Ford Otosan: $11.8 🇸🇪 Volvo Car: $11.2b 🇫🇷 Renault: 11B
They’re going to annihilate our exports regardless of our tariffs. BYD and SAIC are ramping up exports of Chinese EVs like crazy and the thing is that they’re genuinely good cars now. Carwow said their favorite car last year was an MG EV and that’s one of SAIC’s brands. So people in the rest of the world are already buying these cars more and more
Tesla is a growth stock??  In 2021 the company's market cap was more than Toyota, Volkswagen, BYD, Daimler, GM, BMW, Ford, Stellantis, Honda, and SAIC combined lmao. How much more do you expect it to grow??
Stellantis may make it a little longer than Diamler-Chrysler did, but I wouldn’t bet the family farm on it. Their most profitable US brands have huge inventory and extremely weak sales. Id bet money that in 10 years that Tata, Geely, or SAIC will own Jeep and the other brands will no longer exist.
Cash on hand is low. Say no more fam I'm out through the nearest window. They have 450-500 employees. Let's say 50 are office workers/HR/marketing bullshit. 50 are logistics/transport/supply chain stuff. That leaves less than 400 actually building cars. Let's say 10% is always sick/on holiday, 10% are new (useless) or about to quit (don't give a fuck anymore). That leaves 320. SAIC Motor (204.000) - They own/make MG - a new popular Chinese/UK EV here in Europe. Rivian -10.400 - They've probably sold more cars in their first year on market than Fisker in all of its years combined. Even fucking Lucid has enough people for at least 3 shifts worth of production. So tell me how do you produce cars on a mass scale with 320 actual workers.
They didn’t merge, LM divested its services side of the house to focus on a product manufacturing driven platform model and they got out of the staff augmentation business. Several years earlier SAIC did the same and spun off into Leidos, the divestiture from LM was about 18K people and $9B in value, for two years Leidos was 51% LM owned. The type of sale was referenced as a “Reverse Morris Trust” it was quite a complex transaction to support from an operational/functional perspective.
SAIC too (MG), Dongfeng (Voyah) and FAW (Hongqi).
NIO operates in china. Automarket in china is bearish They dont own production, it is built by JAC (state own) and it has laying off people. It's not a great investment. Their cars are a niche in chinese market. BYD, Tesla, GAC, VW, Xpeng, SAIC are the main players.
No VW Group car is on some Chinese SAIC platform. You're spreading completely false information. SAIC VW is just a joint venture producing VW Group branded cars with VWG tech for China.
I know I'm replying to a three month old post, but what he wrote is complete nonsense. The MEB is developed by VW and it's subsidiaries in Europe. The only non-Group user is Ford through a partnership. SAIC has its own platform for its own brands like the MG4. And SAIC Volkswagen is a joint venture that produces VW Group branded cars with VW's tech and platforms.
Imagine not playing this SAIC company cause its the only earnings play for monday
That SAIC company reporting earnings monday morning. I looked at their financials. Looks big
Volvo is not owned by SAIC, they are owned by Geely.
Nope, polestar has decent chance of success. 1. They are owned by Volvo. The cars are designed well and they have been able to sell decently well. 2. Volvo is owned by SAIC motors, a Chinese auto company that sells 3 million cars a year, have tons of manufacturing capacity in China. This is a massive advantage polestar has that even Rivian does not. Polestar already has a manufacturer lined up in China, the fastest growing EV market in the world. The thing about EVs is, making a few prototypes is easy. By far the hardest part is scaling and mass production. Polestar has an advantage in that aspect because they are owned by Volvo and SAIC.
From what I have been reading is that most brands are going to start working with the Asian markets, mostly China and Japan, Audi just closed a deal with SAIC to purchase their battery technology, BYD has been impressive on their growth on recent months, BMW is starting to promote their EV lines, so maybe Tesla have maybe 1 more year without much competition, but other car makers are getting there, it's just a matter of time
The automotive stack is useless. The Chinese have stolen anything worthwhile. See VW buying Xpeng, Audi making a deal with Li-an, SAIC/GM. They all have their own stack, no Blackberry needed. It's only value is for the television show
They've had a nice pullback. SAIC earnings yesterday didn't help them at all either. Great company in the whole. You know I like government IT servicers.
While the whole market is facing headwinds and could move downwards, ATKR and SAIC are both good buys at the moment imo - if you are interested in an alternative to megacaps, with better technicals. Not FA
$PATH $SAIC and GAMESHREK going to fund my retirement 
Investing in $SAIC is the worst thing on earth
I haven't heard much about them. SAIC and BAH were the other big players. All have been very solid stocks.
Biotech calls, $SAIC, Microsoft and $PATH
Anyone here gambling on $SAIC earnings ?
$SAIC absolutely cucked me
How the FUCK does my SAIC call go down 40% when the stock moved .02%? It doesn’t even expire for over 10 days. Some bullshit.
Current P/e ratio of S&P 500 is 25. Current P/e ratio of NVDA is 113…TSLA is 67…AAPL/MSFT ~33. It’s not the past 20 years that have ignored fundamentals…it is since the introduction of apps/platforms such as Robinhood/TD. Almost all stocks popular with retail traders have an inflated P/e ratio…I don’t think it’s a coincidence. Take a look at SAIC/ATKR(I own both)…P/e of ~16/~7, respectively. They don’t ignore fundamentals. You can still find good value stocks…you just won’t find them on the “Top 100 List”. Instead of telling me to come out from under a rock…how about you stop following the crowd. When EVERYONE is saying “DCA into VOO”…it’s a good sign you are in a bubble. You are only supposed to employ capital into things that make sense…at current levels - S&P does not make sense…I can earn a better return elsewhere. It is no different than the “real estate investors” that purchase rental properties and end up cash flow negative or breakeven….dumb.
>but the longer term strategy and sales of electric cars. Yes, this. Europe made a commitment to ban new non electric car sales in 2035. While VW partnership with SAIC allows them to make electric cars "for cheap" ... people end up buying SAIC cars directly. Who is going to buy an ID3 or an electric cupra when an MG4, based on the exact same platform, is sold for 20-30% less ? The same issue is going to happen with the next "electric audi" which is also a chinese platform. We used to say China copied whatever the western countries did. They turned that around (at least for electric cars).
I own CACI. They do IT work for the Pentagon, something that will be vital to the future of warfare (cyber security). BAH and SAIC are similar.
You could consider DoD engineering/construction consultants like ACM, J, and KBR. Or DoD "services" like BAH, SAIC, CACI, or LDOS. All very interesting companies deeply tied in with the military that aren't directly related to combat.
I’ve owned SAIC for a long long time (pre IPO). Made me a fortune.
Alternate thought... I think there could be a pullback in defense spending. However, there are several companies that provide IT services for the defense department. BAH, CACI, and SAIC are a few (I own CACI). If the future is cyber warfare and cyber security, these companies benefit. Also, they are all great performers at decent multiples.
CACI gets another award, $1.2 billion to help the navy. I love the defense department IT names (CACI I own, also BAH and SAIC). The defense department isn't cutting cyber spending anytime soon. https://finance.yahoo.com/news/caci-awarded-idiq-contract-1-113000646.html
What about the Chinese EV companies ? Geely, BYD, Nio, SAIC, Xpeng, Changan, Li Auto, etc. Good chance that one of them will kill Tesla in the long run.
I was a bullish nio fanboy for a long time but there recent performance has really disappointed me. Their gross margins have been absolutely raped. Sales haven't faired well either. And now they enter the price war with $4000 price cuts. They make some amazing motors, beautiful cars, nice brand, battery swap is really good. But the competition is so fierce, literally 100s of manufacturers in China, competition from Tesla, BYD, SAIC, VW. It's very tough. I believe they can survive and be a top brand out of China along with xpeng, li auto, BYD. But for now times are extremely tough.
Lockheed, Raytheon, SAIC has been known to do antigravity technology.
Lockheed Martin, General Dynamics, Northrup Grumman, Boeing, Leidos/SAIC, etc. Go long the military-industrial complex
Been pounding the table all day on $U https://preview.redd.it/h5bqsdmf794b1.png?width=1242&format=png&auto=webp&v=enabled&s=deeda573bfa563639a15f50cd97a05104f2ddbf4 All out but $SAIC is the sleeper no one knows about.
$SAIC https://preview.redd.it/j3xobt02u74b1.png?width=1242&format=png&auto=webp&v=enabled&s=831540acce8636101484102e0d1e777dcb0e890d
Am I the only one bullish on $SAIC
Don't sleep on SAIC (I'm bias I'll admit) they've been making huge leaps this past decade. New CEO incoming, I think this quarter or next they'll jump.
https://preview.redd.it/wsn3yoqwdp3b1.jpeg?width=2048&format=pjpg&auto=webp&v=enabled&s=6ff38354dae782583d43e34d0d6dafd4b5e4b2ff $SAIC all week runner
Bull thesis for $SAIC https://preview.redd.it/25ibiisido3b1.png?width=1242&format=png&auto=webp&v=enabled&s=1eda025f1ef477ea14e2e4ab36ab29e897b165ad
Anyone playing $SAIC earnings ?
The most anticipated earnings releases scheduled for the week are NIO #NIO, GameStop #GME, GitLab #GTLB, Ciena #CIEN, DocuSign #DOCU, SAIC #SAIC, Academy Sports #ASO, Smucker's #SJM, Waterdrop #WDH, and Ollie's Bargain Outlet #OLLI. [http://eps.sh/cal](http://eps.sh/cal)
Lockheed, SAIC? Maybe AERO if their tech ends up relevant. Nickle, palladium, rhodium, copper, platinum, copper / transition metal catalysts. (But you know, mostly SPX puts)
I agree with you that he’s harming the image of the company, at least in markets where Western political media is at the forefront, but I would downplay the impact of that. The Twitter drama is largely gone from mass media coverage, the news media has moved on to the next story. I can’t think of a major corporation that has had the rich asshole-ness of their CEO impact company performance. Elon hurts Tesla sales as much as Jeff Bezos hurts Amazon sales. I don’t really agree about sales stabilizing and dropping in the long term. The EV market will be dominated by Tesla, Chinese automakers (BYD, Geely/Volvo/Polestar, SAIC), and maybe Volkswagen. Check out the 100% battery vehicle sales chart [here](https://cleantechnica.com/2023/02/07/tesla-1-in-world-bev-sales-by-big-margin-2022-world-ev-sales-report/). In my view these major EV players will grow at the expense of other incumbent auto groups, especially Toyota, assuming widespread pure-EV adoption actually happens. Again, the stock plummeting doesn’t impact Tesla the company. They already got their cash when they first issued the stock.
art school is so pretentious. most art teachers are hacks. I went to SAIC for a year. The teachers are some of the biggest bullshitters around and they make over 100k a year. lol
Great co it rarely gets classified as tech though. In a little family of gov IT companies (Leidos, SAIC, BAH)
You say S/X sales are low but they’re outselling the Taycan? And the EQE? Doesn’t seem like people have moved on. People are gonna walk out with etron or i4 but that’s just not happening is it? Those cars are available everywhere Tesla is. 3/Y outsell both those combined by a large margin. They re literally building a whole new factory designed to build the cheaper car. There is no if. The cars you listed are not going to expand down market. Companies like Toyota or Honda might but they’re not even in the market right now. The market share decrease is because of China not German or American manufacturers. And to be honest if you take out the 2 seater cars in China made by SAIC since they’re barely cars, it’s not even really decreasing
F150 is a pickup truck. Completely different segment. Price not comparable. By luxury, I mean 3/Y competes with the BMW 3 series, not the Toyota Camry/Corolla. Surely you understand that 3/Y has a far lower TAM that Camry/Corolla. Number 2 in marketshare is BYD with 12.6% which sells $33,000 EVs in China. Much larger TAM and still cant compete on volume. Number 3 is SAIC with 9.3% which sells $10,000 2 seater EVs. Still cant compete on volume. Its not even close. ​ Your research shouldnt just be 'number bigger' or 'number smaller'. Its very lazy.
According to Earnings Whispers, the most anticipated earnings releases for the week of April 3rd are from SAIC, Greenlane, and Sacuity Brands.
Tesla is a bad example for multiple reasons. First is they would have been offered a sweet deal from the government and that ultimately is taxpayer funded, and that financial incentive isn’t there for other product categories. Second is that autos are already being made in Detroit so the support network is already there, just gets expanded, and not starting from scratch. Third is autos are protected by a bunch of import duties and protectionist measures that hide the expense of domestic production. If you put Tesla up against something made in China from BYD or SAIC in a fair market they’d get crushed on pricing. [Im also ignoring the fact that a significant portion of a Tesla is made in Asia and only assembled in the USA]. I’m not saying that bringing manufacturing to the USA is impossible , I’m saying it’s expensive enough to not be realistic.
> I have 0 TSLA stock but I find the lack of understanding of their current position hilarious. And here I find your lack of understanding about their current position hilarious. SAIC has had robotaxis on the road in Shanghai and Suzhuo through all of 2022, Waymo has vehicles in a number of US cities, and GM has Cruise operating in SF. Mercedes has had L3 in Germany since sometime early last year, and is now selling that in Nevada, and soon, California.
> Which means fuck all if Toyota aren't up to speed yet. Toyota themselves admit they are five years behind Tesla. The exponential adoption curve will hit way before then. Toyota is already getting their supply chains and other logistics prepared. They know what's coming. They all do. Toyota is already changing their strategy and working with suppliers to get more competitive with Tesla in the next 3 years (though not in sales volume). The "exponential adoption curve" will happen when the traditional automakers really scale up production because that's when you'll see the Honda families and the Toyota familes etc start swapping to EVs because that is when they'll have more confidence in the product and the infrastructure. There are lots of varying projections, but generally speaking EV is not expected to surpass ICE sales until around 2030. In 2030 I would bet Toyota is still a bit behind the production curve (they previously announced their goal of building **3.5 million battery-only vehicles per year by 2030**, but have since talked about revising that plan so I am gussing they'll build maybe half that many), but they will become a more dominant player soon after and given their history they will do it well and the market will reward them just like they have for ICE vehicles. Tesla/BYD/SAIC will dominate for now. Other earlier movers (like VW and Volvo and Hyundai) will start expanding sales in the late 2020s but face increasing competitive pressures, and the big war will be in the early 2030s. It's in this latter stage where you'll see EV sales really explode and start to dominate, with virtually all carmakers going hard to capture sales as it now hits mainstream.
>I think that Lazr stocks are a good investment at the moment. Their recent contract with Mercedes Benz is likely to result in increased demand for their products, which should boost their stock price. There is no doubt that their contract with Mercedes-Benz caused the stock to rise so sharply. But you raised an interesting point about company futures. It's no surprise that Luminar is leveraging its best technology to secure dozens of partnerships in the automotive industry. Seven of the top 10 passenger car manufacturers have partnered with Luminar, as have most of the major trucking and taxi companies. In total, Luminar has over 50 commercial partnerships representing 75% of the entire passenger vehicle, trucking and robo-taxi ecosystem. These 14 partnerships are in advanced stages. Five have become full partnerships in the production program, with big names such as Daimler (for trucks), Volvo, Mobily and (SAIC, China's largest automaker.)
GM-SAIC-Wuling alone sold [over 600,000 NEVs in 2022.](https://english.news.cn/20230117/5aabce88ba62495d938ce7dd2c67f675/c.html) So if they only expect 1MM by then that’s pretty piss poor growth. Something tells me the JVs aren’t included in their 1MM by 2025 number. Take the L.
I don't think they are selling at a loss. If SAIC-GM-Wuling can sell a car at $5k, I should think that Tesla can sell one at $39k and still make a buck. I think high end cars aren't right for the Chinese market. Even in the US market, I wonder how many $61k cars can be sold even in the US with a median salary of $54k/year. In China, that salary is closer to $15k/year, so a Tesla is at least double that. EV or not, the disruptive car in the US is going to be the one that gets sold cheap, like the Model T or the VW Beetle. Tesla promised that early on, that they were going to keep making cheaper cars until they got to that Model T or VW beetle level and make zillions of them for the masses, and the stock is priced for them to do that, but they have yet to. Let's seem them sell a $17,499 car, that will come in at $9999 after incentives. If Wuling can do it, so can Tesla.
Jesus, delete your account. Here's BEV only and it's for Q1-Q3 only, with Q4 estimates to be the highest quarter of the year respectively. (I'm sure you can do the rest of the math.) Since you're being a douche canoe, I'll give you 3: SAIC (incl. SAIC-GM-Wuling): 482,717 Volkswagen Group: 366,113 Hyundai Motor Group: 247,248 Now kindly close your mouth and don't speak anymore stupid.
All-electric car sales in Q1 2022 (vs previous year): Tesla: 310,411 and 21.6% share (vs 25%) SAIC (incl. SAIC-GM-Wuling): 154,623 and 10.7% share (vs 17%) BYD: 144,203 and 10% share (vs 5%) Volkswagen Group: 98,455 and 6.8% share (vs 8%) Hyundai Motor Group: 81,744 and 5.7% share https://insideevs.com/news/583538/world-top-oem-ev-sales-2022q1/amp/
And china has DJI, BYD, CATL, Lenovo, CSSC, CRRC, BBK group, Xiaomi, Alibaba, Wechat, Bytedance, QQ, Baidu, Tencent, SAIC, Midea to name a few. They sure don't seem to have any trouble innovating, and even if you go to the furtherest most advanced sciences in semiconductors you have AMEC, Naura, SMEE, CETC, and a dozen other equipment manufacturers, SMIC and Hua Hong in fabs, and a dozen fabless designers. Being an authoritarian dictatorship doesn't seem to hurt China any in innovation and R&D.
I mean SAIC/GM is pretty big
MG, they've been selling in europe since 2011 under SAIC and have pretty decent success (Although only in the past 2/3 years as they've now expanded operations and released some decent cars unlike the junk they were releasing pre 2019 etc) https://europe.autonews.com/automakers/mg-combines-uk-european-units-sales-expansion-continues Just over 70,000 Sales in 2022 which isn't market leading by any metric but a considerable amount of sales. MG just released the MG 4 here in the UK for £26k which is basically the cheapest electric car you can get that isn't clown car tier which it so far getting decent reviews As for the luxury sector its basically impossible to compete in the EU at scale against the germans (Audi,MB, BMW). The Koreans have only just launched Genesis here, The Japanese tried infinti here and failed horribly and left, ACURA doesn't exist here and Lexus is the only one with moderate sucess but they're nowhere near as big as the germans in terms of sales, especially saloons The luxury sector i imagine the chinese aren't going to come anywhere near the germans for sales, but i see no reason they can't within 5-10 years start really challenging the budget and midrange sectors just like the koreans did with Kia and Hyundai ~~~~