RE:RE:Rush for the exitI agree with most of that Rinny.
There will be a turnaround in the market. Prices will rebound and the silly "watch the Spot" tendency will become less of a thing. Our deal will get inked.
EV ranges will improve. Toyota is very exciting with their battery technology. Range anxiety will abate.
China and BYD will dominate parts of the world if allowed to enter them freely. Whether they are allowed to get a foothold in North America remains to be seen. I would suspect the tarrifs will be punitive and prohibitive and there will be quality, compatibility and service issues that will be tough to stomach.
BUT, as for battery tech and storage (where we should really care) I firmly believe that there is no US or European or Canadian manufacturer who would allow the success of the EV rollout and adoption to be in the hands of Chinese battery makers.
THAT is why I am confident that we will be fine. GREAT Even! This isn't about going where labour is cheaper anymore to get t-shirts and plastic trinkets... (or iPhones for that matter). This is about fundamentally keeping up with a globally evolving phenomenon.
So if it happens later today then great. Next week.... OK.
Soon would be nice but the right deal is what matters.
We b!tch and moan about the managment but the entire market and globe has been reeling from one thing to the next with inflation and interest rates and global unrest and fires and floods and labour disputes and and and....
Impatience and investing are dangerous dance partners.
I too am wanting the next chapter revealed but I feel better than I ever have about the certainty of this investment.
I am not looking for an EXIT. I am looking for continued validation and progress. We are getting that. More is always better but it is looking better all the time. We are just getting fed up, anxious and frayed at the edges with nerves. Nothing has changed in the story other than in the positive direction.
HIBL