As the supply chain and materials bottlenecks ease, Tesla is concurrently having more factories ready, existing facilities expanded, and more new markets opened up, way earlier than competitors. Russia is calling Tesla to come over, so is India, Africa, the Middle-East, Indonesia and Australia. The brand blooming everywhere, like sunflowers across the fields.
Within 1 year, semiconductor stocks will crash and some will bankrupt because many governments have discovered the urgency to have their own production of such new generation of necessities. As a result, there will be over-supply and chips will become too cheap. The sales cannot recover the building costs.Mark my prediction.
The American markets do Not closely follow logic and rational planning anymore . The numbers are being manipulated for individual gains, Not for societal needs, even by the handful who are in-charge
Steel Dynamics is making the special cold-pressed steel for Tesla to use in making CyberTruck. Both companies are in Texas. The Steel Dynamics factory is almost ready.
Just hours ago, China has reported that its 3rd quarter Gross Domestic Product has only grown 4.9% compared to a year ago and this is below expectation. USA's GDP growth is projected to slow down from 6.9% of 2021 to 3.9% of 2022. Many companies ' earnings in the coming quarters aren't expected to be spectacular.
Rent, labour cost and bank interest are ongoing concerns but supply chain bottleneck will drain dry the cash reserves of many companies, which will then end up bankrupt and bank loans will become uncollectable bad debts. Multi-industry-wide , many times that of Evergrande, awaits in the horizon.
India is infamous for being protectionist and nationalist, making the introduction of foreign businesses into India very problematic. The abuse of red packets is another problem.