Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (76250)	9/30/2024 11:01:35 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78469

Car market is a mess. Or maybe it's in flux. All the auto related stocks I am following (mfgrs, retailers, part suppliers) are down today. Electric vehicles have many advantages over ice cars. Cheaper to manufacture/assemble and thus many new suppliers can enter the fray. Room maybe for quirky little companies too. Pretty good range for some electric bikes now too. Maybe demand for cars will shrink. Agree we shouldn't let Chinese/Koreans take over our market. Best electric car rating is Korean. I believe though, because it is mfg'd Korea, it doesn't qualify for fed tax credit - makes buy decision much tougher for this car/model. Pretty satisfied with my town runabout, Fiat500e. Not so happy with the stock though -g-. I'll continue to hold. So many Tesla's in my neighborhood (suburban, so no problem with 240v for any electric). Tesla must be the Volkswagen Beetle of this decade. Couple Rivans here too. Several electric Audis. Some GM/Ford electrics probably too, but they're nondescript to me, so I don't notice them. I see a nice Fiat500e for sale at about $5k with 80k miles - could be a nice commuter car for college kid. ==== I'll up my few BABA shares a little. I am still buying clothes from them. Postal rates have gone up as mentioned before. Likely will go higher with new fed rules.