Was today a cat bounce or a start to Tom's bull run?

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hits 764 so I can run away like a coward

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No clue. She had it all sitting in sgov so I picked 3 tech companies that looked good on paper and hadn’t had their AI run yet.

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The chinese companies are being subsidized by variety of subsidies and regulations that make them price competitive. Since they produce until the subsidies run out, or at least produce more than demand justifies, the car companies can offer cheaper vehicles that outcompete their competition at market. The non-chinese companies just need to survive this state of the market for another 5 to 10 years for when this investment model runs its course and the car market is less over saturated. In the mean time its why not let the chinese market find out what works and doesn't (like an emergency side launching battery pack security system) so we can skip to what does.

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Does $hood continue to run tomorrow or gap down again?

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Exactly and we are a much bigger country in land mass....no comparison! We must have cheap energy to run this beast of ours!

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I completely disagree with the notion that Ford has taken over it's supply chain - quite the opposite actually. There are so many tier 1, 2, and 3 suppliers of components that the auto makers are mostly auto assemblers. Ford has over 1,400 parts suppliers. In 2000, they even spun off visteon which provided electronics, climate, interior, and chassis components - exact opposite of taking over the supply chain. Granted, Visteon essentially failed as a stand alone business and Ford has to repurchase them and run them until new suppliers could be found. The only place Ford has said they are all in house is with EVs.

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This reminds me of the Ron White joke. He's in a plane and one of the engine dies. The guy next to Ron asks "How far can this plane go on one engine?!?" "All the way to the scene of the crash." That's how much gas your puts have. They'll run out just before the crash.

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Chinese cars are messing up the European auto market and European automakers. Europe needs to have a stronger stance but like normal, Europe pretty much says “pwease don’t take advantage of our markets!” In theory, more competition leads to better prices and better deals for consumers. In reality, it’s going to squeeze every non Chinese automaker. On a long enough timeline where we allow Chinese companies to take over, this will be bad for consumers. The Chinese government supports all of these auto companies with major subsidies and controls a lot of the technology. They steal IP with reckless abandon. In the short term, it will increase competition and drive down prices. In the long run, it will reduce the competitors and increase prices.

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Tom Lee was right. We are just now entering the biggest bull run of all time

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