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16 June 2021
09:20 hour

SoftBank and Toyota want driverless cars to change the world

CNN Money Top Stories

08/02/2021 - 22:45

Softbank and Toyota are partnering on an effort to use autonomous vehicles and other technologies to change the world of transportation.


READ THE FULL ARTICLE ON CNN MONEY TOP STORIES

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  1. Tesla is going down (15/03/2021 - Reddit Stocks)
    Other electric cars are coming At the moment, Tesla is worth more per produced car than other car manufacturers. The table below shows a comparison of the three most valuable car manufacturers. company value cars procuced 2020 value/cars Tesla 665 B 509,737 1304594 GM 85 B 6,830,000 12445 Toyota 209 B 10,398,182 20099 In recent years, Tesla did not have any competition in the electric vehicle sector. This will soon change as several competitors are entering the market. GM will sell several EVs (electric vehicles) this summer: * Chevy Bolt * Cadillac Lyriq * Hummer EV SUT * Chevrolet Bolt Toyota will release two EVs this year. There will also be numerous other cars coming this summer like Ford Mustang Mach-E, Mercedes EQA, Nissan Ariya, VW ID.4, Volvo XC40 and BMW iX. Self-driving cars are coming Elon has promised for a long time, that Tesla Vehicles will drive themselves. But Tesla's auto pilot is singled out as the most dangerous driver-assistance system by the National Transportation Safety Bord. Self driving cars are already here, last year Waymo started a service of driverless robo taxis in Phoenix. This year it is expanding to San Francisco and beyond. End Teslas high valued days are numberd, which is why Kimbal Musk is selling shares I am shorting Tesla.   submitted by   /u/EdorianDark [link]   [comments]
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  2. Toyota Unveils New EV, Joins Volkswagen’s Bet on Electric Future (19/04/2021 - Reddit Stocks)
    Toyota Motor Corp. is accelerating up its push into electric vehicles with the release of its first SUV built on a new EV platform, joining Volkswagen AG ’s splashy bet on the future of electric cars. The world’s largest carmaker previewed its “bZ4X,” an electric SUV sitting on its new “e-TNGA” platform at the 2021 Shanghai Auto Show on Monday. The vehicle is a compact SUV that resembles Toyota’s popular Rav-4, but is built on a entirely new platform and features a distinctive yoke instead of a traditional steering wheel, as well as a system that can recharge the car’s battery using solar power. By 2025 Toyota plans to introduce 15 EVs, including seven “bZ” series models globally, said Toyota Chief Technology Officer Masahiko Maeda, speaking at a briefing Monday. The bZ4X is the first of the “bZ” series, which stands for “beyond zero,” or cars that exceed being “just zero-emission,” according to Toyota. Toyota plans to produce the bZ4X in Japan and China and sell it worldwide by mid-2022. https://www.bloomberg.com/news/articles/2021-04-19/toyota-begins-electrification-push-with-new-ev-suv-platform?srnd=premium Disclaimer: I do not hold shares in Toyota Motor Corp   submitted by   /u/Arnie1990 [link]   [comments]
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  3. : Aurora, Toyota team up to bring self-driving cars to ride-hailing and the masses (09/02/2021 - Market Watch)
    Alliance with Toyota Motor North America and auto supplier Denso will test Toyota Siennas equipped with Aurora Driver for deployment on ride-hailing networks like Uber.
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  4. Next Avenue: Why driverless cars are paradise on wheels for some (24/02/2021 - Market Watch)
    Autonomous vehicles are already winning over residents of a retirement community, some in their 90s.
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  5. GM-backed Cruise has $10B war chest to develop driverless cars, plans 'ambitious scaling' after 2023 launch (15/06/2021 - Seeking Alpha)

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  6. Toyota Expects To Sell About 8 Million Electrified Vehicles Globally By 2030 (13/05/2021 - Reddit Stocks)
    (RTTNews) - Toyota Motor Corp. (TYT.L,TM) said Wednesday that it is committed to making battery electric vehicles or BEVs. It expects to sell about 8 million electrified vehicles globally by 2030, of which 2 million will be battery electric vehicles and fuel cell electric vehicles. The company expects battery electric vehicles and fuel cell electric vehicles will make up 15% of U.S. sales by 2030, and along with the company's hybrids and plug-in hybrids, 70% of the Toyota and Lexus combined sales mix will be electrified by 2030. Earlier in 2021, Lexus unveiled the LF-Z, a conceptual look at the future of BEVs in the luxury segment. That was followed by the debut of the Toyota bZ4X concept, a battery electric SUV that will go into production in 2022. Source: https://www.nasdaq.com/articles/toyota-expects-to-sell-about-8-million-electrified-vehicles-globally-by-2030-2021-05-12 Two million EVs AND fuel cell vehicles in 2030 is an absolutely shockingly low number. Also, who do they think they will be selling these 6 million hybrid vehicles to? By 2030, EVs will be significantly cheaper than hybrid cars due to the expected battery cost decline of 60-80% this decade. Why would 75% of their customers pay more for a worse product? How big do you guys think the chance is that Toyota - currently the largest automaker in the world - will become the next Nokia? Personally, I'm starting to think that it's incredibly likely they will go bankrupt or be just a shell of their former self.   submitted by   /u/Ehralur [link]   [comments]
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  7. Toyota Motors (TM) is a buy (17/03/2021 - Reddit Stocks)
    With a P/E ratio of 15.4x, this puts TM below the market average of the S&P 500, 34.24x. TM is a debt heavy company which is not unusual for automotive manufacturers. But, it is a great growth stock that’s volatility is especially low. The real reason I say TM as a buy is because they are going to be an adversary to Tesla by making cheap, reliable, and driver-friendly EV’s. The market this year has pumped electronic vehicle start ups 300-1500%. People are looking for the next Tesla, and for the for seeable future I don’t think there is going to be one. But that doesn’t mean we can forget the most popular Automotive manufacturer in the world. Toyota has been fiddling around with electric cars for decades now. And they have many models set to release next year that are full electronic vehicles. Not to mention for those customers who are not ready to make the switch to electronic vehicles, Toyota makes some of the most gasoline efficient sedans and hybrids. Hybrids our poised for major tax benefits under the Biden administration. I think its also worth mentioning that finbox, Zacks, and marketwatch all project at least a 15% increase in market share price in the next 3 months. This is a great entrance opportunity into a time-tested growth stock that has a great future in the golden age of EV’s.   submitted by   /u/coleschaffer13 [link]   [comments]
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  8. BlackBerry's QNX Black Channel Communications to be used in Motional's Driverless Platform (09/02/2021 - Reddit Stocks)
    BlackBerry Limited (NYSE: BB; TSX: BB) today announced its QNX® Black Channel Communications Technology will be used in Motional's next-generation driverless vehicles. Motional will be BlackBerry's first customer to use QNX Black Channel Communications for driverless systems. The technology enables Motional to provide safe data communication exchanges within the vehicle's safety systems. https://finance.yahoo.com/news/blackberrys-qnx-black-channel-communications-130000898.html ​ Motional is being backed by Hyundai, and they are planning to release driverless taxi in 2023 for those who don't know. More good news on $BB.   submitted by   /u/fairytailzz [link]   [comments]
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  9. TSLA cash in or buy the dip? (22/02/2021 - Reddit Stock Market)
    Is it a good time to cash on one's highly overpriced shares, of is it a time to invest in a dip ? ? ? Let's see, on one hand here we have TSLA at a lowest low since june 2020, but then it was an ascending trend, the bull was there, now it is bear time. From january onwards, no actual gains for Tesla. WHY? Well, it is nice to catch a wave, a wave of good will, being the only one outthere building electric cars (not true, Toyota had them since the 80's), a wave of private investors ditching out money on reddit feeds and robinhood push to help you rise despite poor performance. But duh, if you are Elon Musk it does not matter if you don't know everything about the car you are presenting, it doesn't matter if an UNBREAKABLE window breaks during presentation, your shares will rise. But now, people have the tools to DD and they notice a PE of 1260, an EPS of 0.62 generated on government subsidies, no profit from selling cars, recall of more than 130.000 cars, a quarter of TESLA's entire 2020 production is being recalled, wake up people, a factory built in Germany with no workforce due to bad conditions, another factory in China that really doesn't produce anything. I spoke with a Tesla dealer last week-end, there are 2 models on sale with no actual delivery time, you give them money and they cannot tell you when your car will be delivered, meanwhile Audi has stolen the Norway market away from Tesla with the most cars sold there. Renault with ZOE is the best selling electric in EU, ID.3 from VW is one of the most accesible electric cars. IMHO it is time to cash in on gains, there is no dividends on TESLA, the actual value of a share is about 65$ and there is no place for a small producer (495.000 cars - TESLA, more than 10 million for Toyota and VW) on a market dominated by giants. So, would you BUY the dip, or cash in?   submitted by   /u/julian_smith11 [link]   [comments]
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  10. Apple’s massive success with CarPlay paves the way for automotive ambitions. (30/05/2021 - Reddit Stocks)
    'Apple introduced CarPlay in 2014 as a way to integrate the iPhone and a car’s dashboard. Since then, it’s become ubiquitous in new cars. Around the world, over 80% of new cars sold support CarPlay, Apple said last year. That works out to about 600 new models, including cars from Volkswagen, BMW, and Chrysler. Toyota, one of the longest holdouts, started including CarPlay in 2019 models. It’s also a top feature for many drivers and car buyers. Twenty-three percent of new car buyers in the U.S. say they “must have” CarPlay and 56% percent are “interested” in having CarPlay when buying a new vehicle, according to a 2017 Strategy Analytics study. When Ford’s highly anticipated electric F-150 goes on sale, it will support CarPlay. Apple was able to insert itself in between customers and car companies and make sure that its interface was the one that every iPhone user wants while driving. It’s an under-appreciated triumph for one of the world’s most successful companies. CarPlay doesn’t contribute direct Apple revenues or profits. But it ensures ongoing loyalty of iPhone users and gives Apple a pathway into the auto industry if it wants to expand.' Source and remainder of article: https://www.cnbc.com/2021/05/29/apple-carplay-massive-success-paves-way-for-automotive-entry.html   submitted by   /u/Karnes [link]   [comments]
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  11. Toyota to increase climate change efforts (19/04/2021 - Seeking Alpha)

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  12. SoftBank seeks CCI approval for Swiggy investment (08/06/2021 - Financial Express)
    SoftBank is looking to back the Bengaluru-based food tech firm with an investment of over $400 million at a valuation of about $5.5 billion. Reports peg the size of the deal at about $450 mn-$500 mn.
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  13. Will Tesla and Toyota make half-price electric cars? Partnership imminent (30/03/2021 - Reddit Stock Market)
    Possible Partnership - Not Confirmed Yet. The original Article is in Korean, Translated by Google. https://n.news.naver.com/article/023/0003604866 It is reported that Tesla and Toyota have reviewed the partnership since last year and are approaching the final stage. According to an official from the Japanese automobile industry on the 28th , Tesla and Toyota are considering jointly developing a small electric SUV platform (the car's basic skeleton). The partnership review has been conducted since last year. Toyota provides the vehicle platform to Tesla, and instead, Tesla provides some of the electronic control platform and software technology onboard its vehicle to Toyota. When the partnership with Toyota is established, Tesla will be able to launch a compact SUV electric vehicle at low cost using the Toyota platform . In addition , Tesla's sales in Japan, which are around 1,000 units per year , are likely to increase significantly. Tesla CEO Elon Musk said at the company's new technology public event'Battery Day' in September of last year, "We will release a $ 25,000 (half price) electric car in 2023 . However, among experts, there were not few opinions that it would be difficult for Tesla to find a way to sell electric cars at such low prices. Tesla 2017 years junjunghyeong electric car "model 3" , 2020 years midsize electric SUV"Model Y ' after having released the, lays out a" cyber trucks' electrical pickup trucks by the end of the year. However , the details of the'half-price electric car' that will be released in 2023 are not yet known. Elon Musk, chairman of Tesla, USA, is leading the global electric vehicle industry . / AFP Yonhap News On the other hand, Toyota can also significantly reduce the resources and time spent on innovation of its vehicle's integrated electronic control platform ( ECU ) and operating system ( OS ) by using Tesla technology . Toyota is evaluating that the integrated ECU and OS technology that can control and improve vehicle functions through wireless updates ( Over The Air ) is lagging behind Tesla. In other words, through cooperation between the two companies, Tesla can reduce the cost and period of developing small electric SUVs and Toyota's ECU and OS development. It aims for a win-win effect by reducing the time it takes for the two companies to compensate for each other's weaknesses, allowing them to focus more on their own strengths. Tesla and Toyota have previously partnered. The two companies agreed to jointly develop electric vehicles in 2010 , and in 2012 marketed Toyota's RAV4 electric vehicle equipped with Tesla's battery system . However, due to various reasons, such as sluggish sales, in 2017 , Toyota's stake in Tesla ( 3.15%), and the alliance has ended. However, the close relationship between Musk and Toyota CEO Akio Toyota was maintained, leaving room for a reunion between the two companies in the future. Headquarters manufacturing facility in Fremont, California plant Toyota in Tesla's original 1984 ~ 2009 years GM was creating a joint venture with the car's numi ( NUMMI New · United Motor Manufacturing Inc .) Was a factory. Toyota transferred this to Tesla in 2010 , and Tesla acquired not only a production facility but also a variety of production technologies from Toyota at the time. Toyota Motor Company's President Akio Toyota gives a speech at the announcement of the partnership with Japanese telecommunications company NTT in March last year . /Toyota Last year, Toyota sold 9.35 million units, surpassing Volkswagen and returned to the world's top sales in five years. Toyota CASE is focused on making (Connected · Autonomous · Share · All fairy tales) existing rotation careful to deal with (????· to fulfill themselves) abandoned the herd (??). On the 24th , it entered into a partnership with a rival Japanese commercial vehicle company Isuzu to mutually invest 450 billion won. Toyota, along with Isuzu and its truck subsidiary Hino, plans to accelerate the electric and autonomous driving of commercial vehicles. Prior to this, Toyota also established a hydrogen fuel cell development joint venture with five Chinese automobile and technology companies, including Tsinghua University, Beijing, Cheil, Dongfeng, and Guangzhou Motors. The jointly developed hydrogen fuel cell system will be installed on Chinese trucks and buses from 2022 . In addition, Toyota is striving to maximize economies of scale related to electrification and autonomous driving, including successive capital alliances with rivals Mazda and Suzuki. Meanwhile, Musk wrote on Twitter on the 27th , "The likelihood that Tesla will soon become the largest company in the world is higher than 0%." Although the context is not clear, it was also written “probably within a few months”, an expression that could be interpreted as referring to a period, and was soon deleted. Currently, Tesla's market cap is about $ 590 billion, which is one-third of Apple, the world's largest market cap. Tesla's share price continued to rise even after surpassing Toyota, which was the first in the industry's market capitalization at the time, in July of last year, and its share price continued to rise. It fell by about 30 %. Tesla, in particular , has a task to achieve economies of scale, with only 500,000 units sold as of last year . If the alliance with Toyota is established, it can receive great power to expand mass production faster and at lower cost.   submitted by   /u/Hichek2 [link]   [comments]
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  14. Tesla and Toyota Are Considering Jointly Developing a Small Electric SUV Platform (30/03/2021 - Reddit Stocks)
    Choi Won-seok reports in the Korean Ghosun Libo news publication that according to an official from the Japanese automotive industry Toyota and Tesla have been reviewing the partnership since last year and are approaching the final stage. Here are some of the highlights of Toyota Tesla partnership. When the partnership with Toyota is established, Tesla will be able to launch a compact SUV EV at low cost using the Toyota platform. The Ghosun IIbo is the biggest newspaper in SK. A Tesla source Sawyer Merritt, tweets that he has been told "the reporter of the story is also highly regarded. We'll see if it's true." Toyota provides the vehicle platform to Tesla, and instead, Tesla provides some of the electronic control platform and software technology installed in its vehicle to Toyota. When the partnership with Toyota is established, Tesla will be able to launch a compact SUV electric vehicle at low cost using the Toyota platform. In addition, Tesla's sales in Japan, which are around 1,000 units per year, are likely to increase significantly. Tesla CEO Elon Musk said at the 'Battery Day' in September of last year, that Tesla "will release a $25,000 compact and affordable electric car in 2023. However, among experts, there were several opinions that it would be difficult for Tesla to find a way to sell electric cars at such low prices. Especially considering Tesla has already developed the Model 3 in 2017, The model electric crossover in 2020, the exoskeleton of the Cybertruck and working on the Semi truck. at this moment we have no idea about Tesla's affordable compact vehicle, which now it looks like may be produced in partnership with Toyota, if this report is true. I think this is a smart move for both Tesla and Toyota. Some people may be skeptical of a Tesla Toyota partnership, but remember that Tesla helped built Toyota RAV4 in 2012. I am sure you guys remember when Toyota sold its Tesla stocks in 2017. ​ What's in it for Toyota? Toyota can also significantly reduce the resources and time spent on innovation of its vehicle's integrated electronic control platform ( ECU ) and operating system ( OS ) by using Tesla technology. Toyota is evaluating that the integrated ECU and OS technology that can control and improve vehicle functions through wireless updates (Over The Air) is lagging behind Tesla. In other words, through cooperation between the two companies, Tesla can reduce the cost and period of developing small electric SUVs and Toyota's benefit is the gain in ECU and OS development. It aims for a win-win effect by reducing the time it takes for the two companies to compensate for each other's weaknesses, allowing them to focus more on their own strengths. ​ Tesla and Toyota have previously partnered. The two companies agreed to jointly develop electric vehicles in 2010, and in 2012 marketed Toyota's RAV4 electric vehicle equipped with Tesla's battery system. However, due to various reasons such as poor sales, the alliance between the Toyota and Tesla ended in 2017. Yet, the close relationship between Musk and Toyota CEO Akio Toyoda was maintained, leaving room for a reunion between the two companies in the future. ​ Tesla's Fremont Factory is an automobile manufacturing plant in Fremont, California, operated by Tesla. But the facility opened as the General Motors Fremont Assembly in 1962, and was later operated by NUMMI, a former GM–Toyota joint venture. Tesla took ownership in 2010. ​ Last year, Toyota sold 9.35 million vehicles, surpassing Volkswagen and returned to the world's top sales in five years. Toyota, along with Isuzu and its truck subsidiary Hino, plans to accelerate the electric and autonomous driving of commercial vehicles. Prior to this, Toyota also established a hydrogen fuel cell development joint venture with five Chinese automobile and technology companies, including Tsinghua University, Beijing, Cheil, Dongfeng, and Guangzhou Motors. The jointly developed hydrogen fuel cell system will be installed on Chinese trucks and buses from 2022. In addition, Toyota is striving to maximize economies of scale related to electrification and autonomous driving, including successive capital alliances with rivals Mazda and Suzuki. ​ Meanwhile, Tesla CEO Elon Musk wrote on Twitter on the 27th of March that “the likelihood that Tesla will soon become the largest company in the world is higher than 0%.” Although the context is not clear, it was also written “probably within a few months,” an expression that can be interpreted as referring to a period, and was soon deleted. Currently, Tesla's market capitalization is about $ 590 billion, which is one-third of the world's largest market capitalization company, Apple. ​ Tesla's share price continued to rise even after surpassing Toyota, which was the first in the industry's market capitalization at the time, in July of last year. Tesla, in particular, has a task to achieve economies of scale, with only 500,000 vehicles sold as of last year. If the alliance with Toyota is established, it can receive great power to expand mass production faster and at lower cost. Source   submitted by   /u/kayaarr [link]   [comments]
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  15. Colombia Total Private Cars Sales (13/02/2021 - Trading Economics)
    Total Vehicle Sales in Colombia decreased to 10468 Cars in December from 12181 Cars in November of 2020. Total Vehicle Sales in Colombia averaged 10436.69 Cars from 1999 until 2020, reaching an all time high of 19788 Cars in March of 2011 and a record low of 1382 Cars in April of 2020. This page provides - Colombia Total Vehicle Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  16. Softbank valuation (11/06/2021 - Reddit Stocks)
    Softbank (TYO: 9984, OTC: SFTBF) is currently trading at a P/E ratio of 3.89, which is well below the industry average. The total capitalization of the stock is also lower than its stake of 24.9% in BABA alone. It seems that this company is heavily undervalued, considering that it is still profitable despite its apparent lack of earnings growth. Is this stock a buy, or am I looking at a value trap?   submitted by   /u/Aokiyuki [link]   [comments]
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  17. Tesla Cars Banned by China’s Military on Concerns About Cameras (19/03/2021 - Reddit Stocks)
    Tesla cars have been banned from Chinese military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles. The order, issued by the military, advises Tesla owners to park their cars outside of military property, according to people familiar with the directive who asked not to be identified because the information is private. The ban, relayed to residents of military housing this week, was triggered by concerns that the world’s biggest maker of electric vehicles is collecting sensitive data via the cars’ in-built cameras in a way the Chinese government can’t see or control, one of the people said. https://www.bloomberg.com/news/articles/2021-03-19/tesla-cars-banned-by-china-s-military-on-concerns-about-cameras   submitted by   /u/gorays21 [link]   [comments]
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  18. : Lyft selling its self-driving business to Toyota subsidiary (26/04/2021 - Market Watch)
    Lyft Inc. is selling its autonomous-vehicle division to a Toyota subsidiary for $550 million in cash, calling the move a way to speed up the development of self-driving technology.
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  19. SoftBank is reportedly under investigation by the SEC following its risky 'Nasdaq whale' investments (25/03/2021 - Reddit Stocks)
    The Japanese investing conglomerate SoftBank, which has holdings in household names like Apple, Amazon, Tesla, Uber, DoorDash, and Sprint, is under investigation by the Securities and Exchange Commission, Vice News reported Wednesday. The SEC disclosed the investigation in response to a public records request from Think Computer Foundation founder Aaron Greenspan, according to the legal transparency group PlainSite. The agency’s reported acknowledgment of its investigation follows reporting by the Financial Times last year that revealed SB Northstar, which is controlled by SoftBank CEO Masayoshi Son, as the “Nasdaq whale” behind secretive, risky multibillion-dollar bets on tech stocks during last summer’s market rally. Source: https://www.businessinsider.com.au/softbank-sec-investigation-foia-request-nasdaq-whale-sb-northstar-2021-3?r=US&IR=T   submitted by   /u/ShubhamG77 [link]   [comments]
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  20. Kelley Blue Book: We compare the 2021 Kia Forte to the 2021 Toyota Corolla (23/03/2021 - Market Watch)
    The Kia Forte touts its excellent features and warranty in taking on the Toyota Corolla. Here’s how they compare.
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  21. Autotrader: Which is better, the 2021 Toyota RAV4 or the 2021 Honda CR-V? (12/02/2021 - Market Watch)
    The Toyota RAV4 and Honda CR-V are two popular, reliable, compact crossovers. Let's compare them side by side.
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  22. The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better (09/04/2021 - Market Watch)
    SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations.
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  23. Autotrader: See how the 2021 Bronco Sport compares with the 2021 Toyota RAV4 (22/03/2021 - Market Watch)
    The new Ford Bronco Sport faces off against the bestselling Toyota RAV4. Which is better?
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  24. Autotrader: See how the 2021 Bronco Sport compares with the 2021 Toyota RAV4 (22/03/2021 - Market Watch)
    The new Ford Bronco Sport faces off against the bestselling Toyota RAV4. Which is better?
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  25. HMC (Honda) is massively overlooked, with huge upside potential (17/02/2021 - Reddit Stocks)
    I've always loved Honda cars, and recently took a position in HMC after looking over their financials. When you look at their financials, and how that relates to their stock price, it's pretty amazing that they aren't trading way higher. I should disclose that this is using the year data ending 3/31/20 for HMC (I know, a bit old, but you'll see why it doesn't really matter): Current Market Price: $29.17 Book Value per Share: $43.19 PE Ratio: 5.04 Market Value divided by Book Value: 0.68 2020 Estimated Shipped Cars: 4.5M Gross Profit: $29.1B Let's just stop for a second after those figures. The one metric that is truly astounding is HMC is trading below it's book value. Honda is one of the largest automotive and motorcycle manufacturers in the world, aside from other products, and yet it trades below its book value. Call me crazy, but even if all it did was reach its book value, you would see a 48% upside. That's already good enough for me. Now let's talk PE ratio. The current S&P500 PE ratio is right around 40, give or take a bit on when you calculate it out. That's definitely high compared to historical numbers, and there are a whole host of reasons for that that I won't get into. The average S&P500 PE ratio for the past twenty years is 24.9, and its just above 20.1 for the past ten years. With that in mind, HMC's PE ratio of 5 is laughably low. Even if it gets to the S&P500 ten year average PE ratio, which wouldn't even be high by any standard, you're looking at a 298% increase in share price. Alright, so we're already looking at easy upside from those two metrics, let's slap on another one for good measure - market value/book value. As I mentioned before, you're looking at a 48% upside if the stock price just gets to it's book value. Here's the thing - many stocks these days, including HMC's competitors trade well above their book value. Toyota, for instance, trades at about a 2.6 market/book ratio. If Honda did that, it's share price would be $112.65 right now. Honestly, that seems far more reasonable than where it's at now. So, even with just those few metrics, it seems clear that Honda is massively undervalued, but it's fun to compare it to the all-scary monster of a stock, TSLA. Take a look at those same metrics and figures again: Current Market Price: $29.17 vs TSLA at $798.15 Book Value per Share: $43.19 vs TSLA at $24.04 PE Ratio: 5.04 vs TSLA at 1246.88 Market Value divided by Book Value: 0.68 vs. TSLA at 33.19 2020 Shipped Cars: 4.5M (est) vs. TSLA at 500k Gross Profit: $29.1B vs. TSLA at $6.6B That's right, HMC has a higher book value than TSLA, and not by some measly margin. TSLA's astounding PE ratio is just outright scary, and that's the type of information that makes Michael Burry's short of TSLA not so crazy, even if he does have a price target of $100 (nearly a 90% loss). That doesn't stop me from having TSLA shares though, which brings me to my next point. Investor sentiment seems to mean more than anything right now, and HMC has none. It only takes a quick look at trade volume in the last 6 weeks to see that: TSLA: 925M vs. HMC: 20.2M My view on sentiment is that it has a lot of power, and sentiment generally sticks for companies that are going places. In my mind it's partly what drove AMZN and TSLA share prices to such insane levels, and not to mention GME. If you look at the 5-year chart for HMC you don't see much sentiment at all. HMC is a safe haven, and seemingly forever a stock that you could sell Iron Condors on just picking up cash. That could all change if people start to catch on that HMC is primed and ready to do whatever the f it wants with the $25B it has in cash. So, here's where I stand. Getting to $43 (book value) would be a correction. Getting to $108 would make it on par with market and similar to Toyota, which I could also view as a correction. If it catches investor sentiment, well, buckle up. TL;DR: HMC is massively undervalued by any metric. Upside of at least 50%-300% is more than reasonable, it would be a correction. Comparing it to TSLA is hilarious. Solid financials priming it ready to make moves and catch investor sentiment. Positions: 150 shares HMC, 4 shares TSLA   submitted by   /u/dig000 [link]   [comments]
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  26. The Wall Street Journal: Foxconn to build cars for electric-vehicle startup Fisker (24/02/2021 - Market Watch)
    Foxconn Technology Group, the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker Inc., the latest deal for the Apple iPhone assembler in its eager expansion into the automotive sector over the past year.
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  27. The Wall Street Journal: Foxconn to build cars for electric-vehicle startup Fisker (24/02/2021 - Market Watch)
    Foxconn Technology Group, the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker Inc., the latest deal for the Apple iPhone assembler in its eager expansion into the automotive sector over the past year.
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  28. New unicorn: Meesho raises fresh $300 m in funding led by SoftBank fund (05/04/2021 - Financial Express)
    Social commerce start-up Meesho on Monday said it has raised a fresh $300 million in funding led by SoftBank Vision Fund 2. The investment marks the company’s entry into the unicorn club, valuing it at $2.1 billion.
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  29. Wine country shift: South-east Asia could be home to the world’s best vineyards, thanks to climate change (06/03/2021 - Financial Express)
    With climate change affecting produce at the finest vineyards, new wine-producing regions such as Thailand, Indonesia and Myanmar could soon replace the world’s best vineyards
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  30. Meesho raises USD 300 mn in funding round led by SoftBank Vision Fund 2 (05/04/2021 - Financial Express)
    Social commerce platform Meesho on Monday said it has raised USD 300 million (about Rs 2,201.7 crore) in a funding round led by SoftBank Vision Fund 2.
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  31. Two dead in Tesla crash in Texas that was believed to be driverless (19/04/2021 - Investing.com)

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  32. London Markets: SoftBank’s $2.3 billion deal pushes shares in e-commerce group higher as London stocks slump (11/05/2021 - Market Watch)
    Japanese investment giant Softbank’s $2.33 billion investment in THG prompted shares in the online fashion retailer to soar on Tuesday, far outpacing other stocks in London, which faced a down day of trading.
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  33. The Wall Street Journal: WeWork’s Adam Neumann close to settlement with SoftBank (23/02/2021 - Market Watch)
    WeWork co-founder and former Chief Executive Adam Neumann is in advanced talks to settle a high-profile legal fight with SoftBank Group Corp. by agreeing to a nearly $500 million cut in his payout from the shared-office-space company’s new owner, a move that would help clear the way for WeWork’s second attempt at a public listing.
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  34. Baidu launches paid driverless robotaxis ahead of Beijing Olympics (29/04/2021 - Seeking Alpha)

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  35. Baidu testing paid driverless rides on public roads in China (15/03/2021 - Seeking Alpha)

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  36. Used cars in the fast lane (19/04/2021 - Financial Express)
    Demand for pre-owned cars has risen in the past year
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  37. SPAC Hennessy Capital gains on report of deal with driverless truck startup Plus (30/04/2021 - Seeking Alpha)

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  38. Russia Imports of Passenger Cars Usd CMLV (13/02/2021 - Trading Economics)
    Imports of Passenger Cars , Usd CMLV in Russia increased to 5423.80 USD Million in December from 4747 USD Million in November of 2020. Imports of Passenger Cars , Usd CMLV in Russia averaged 4380.55 USD Million from 1994 until 2020, reaching an all time high of 30267.40 USD Million in December of 2008 and a record low of 9.50 USD Million in January of 1999. Russia accounts for Imports of Passenger Cars , Usd using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Imports of Passenger Cars , Usd CMLV.
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  39. Japan Exports of Passenger Cars (20/03/2021 - Trading Economics)
    Exports of Passenger Cars in Japan increased to 761153 JPY Million in February from 706971 JPY Million in January of 2021. Exports of Passenger Cars in Japan averaged 615008.74 JPY Million from 1983 until 2021, reaching an all time high of 1196398.39 JPY Million in December of 2007 and a record low of 214967.60 JPY Million in April of 2011. This page includes a chart with historical data for Japan Exports of Passenger Cars.
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  40. Tesla Saw New Registrations Drop 25% In Germany In April, While Volkswagen Saw 108% Rise (07/05/2021 - Reddit Stocks)
    This popped up on my TD Ameritrade app this morning: “Tesla Inc (NASDAQ: TSLA) saw new registrations fall 24% year-over-year in April in Germany, while Volkswagen AG's secured a 108.4% rise. Tesla new registrations in Germany totaled 484 in April, while in the preceding month the tally was at 3,703 - a fall of 86.93%, according to data released by the country's federal motor transport authority, Das Kraftfahrt-Bundesamt. Comparatively, Volkswagen saw registrations totaled 43,230 in April 2021; in March the number was 56,550, indicating a month-over-month fall of 23.5%. The automaker secured the largest share of new registrations in April at 18.8%.” Anyone ignoring VW as a serious EV player is missing out on a significant upside. From the valuation perspective, “Tesla is worth more than twice as much as the two companies that sell by far the most actual cars — VW and Toyota, whose market caps are $102 billion and $213 billion respectively. Tesla delivered 499,550 vehicles last year. By comparison, Toyota sold 8.5 million vehicles just through November, and VW sold 8.3 million.” I am all in on VWAPY and POAHY. I am a bit biased - drive Porsche Macan and love it. Will be switching to Taycan within 12-18 months but apparently they are already back ordered for months. And no, this isn’t intended to be a detailed DD, so don’t come at me for that. :). Just sharing what I read this morning.   submitted by   /u/Dowdell2008 [link]   [comments]
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  41. Apple And Tesla's Market Value May Reach 3 Trillion US Dollars With The Help Of Electric Cars And Self-driving Cars (23/03/2021 - Reddit Stock Market)
      submitted by   /u/om362 [link]   [comments]
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  42. Driverless car startup Aurora and Volvo partners to bring fully autonomous trucks to North America (30/03/2021 - Seeking Alpha)

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  43. Autotrader: The 12 best new cars of the year (12/04/2021 - Market Watch)
    The latest and greatest new cars and SUVs of all sizes, an EV, a pickup, and a few luxury vehicles to save you some of the homework that comes with shopping for a new ride.
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  44. The Wall Street Journal: Average age of U.S. cars now exceeds 12 years (15/06/2021 - Market Watch)
    Lofty prices and improved quality prompt owners to hold on to their cars longer.
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  45. Blackberry (BB) secured another catalyst for growth with Motional. (09/02/2021 - Reddit Stocks)
    Sorry if you’re tired of seeing BB on your feed, but this is definitely worth reading. As u/Fairytalezz mentioned: Today 2/9/2021 BB announced its QNX Black channel Communications Technology will be used in Motional’s next generation driverless vehicles. Motional is backed by Hyundai, and coincidentally Hyundai just announced they will NOT be partnering with Apple for a self driving car. Could it be because they got meaningful progress on their own assets and don’t need Apple? Yes, this is just my speculation, but it’s big fucking news for BB. https://finance.yahoo.com/news/blackberrys-qnx-black-channel-communications-130000898.html https://www.automotiveworld.com/news-releases/blackberrys-qnx-black-channel-communications-to-be-used-in-motionals-driverless-platform/ The technology enables Motional to provide safe data communication exchange within the vehicles safety system. Motional is expected to roll out self driving cars by 2023. BB timeline in the past 3 months: Partners with Amazon. Partners with Baidu (The Chinese Google). Partners with Motional (EV). Don’t be deterred by the fluctuation due to the panic selling from the meme stock halt, this is fucking taking off again and this time it will stick without the bullshit. TLDR: Always do what you feel is right for yourself and only invest within your means/ risk tolerance because I am not a financial advisor. My bias opinion is pick up some BB before you miss the fucking rocket. CEO Chen even tweeted out some hints of the events to come. Keep in mind that it has multiple sources giving BB a target price of $25-$30 that were given BEFORE the partnership with Motional. Recently Zack’s upgraded stock to a “#2 Strong buy” with a target of 29.00, and Motley also ranked it a #1 buy with a target price of 30.00. Yahoo Finance also looking bullish. Positions: 3000 shares avg 13.17, 5 3/19 [email protected], 10 3/19 [email protected], 10c [email protected]   submitted by   /u/gochugrande [link]   [comments]
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  46. Mexico Imports of New Pneumatic Tires Used For Motor Cars (17/04/2021 - Trading Economics)
    Imports of New Pneumatic Tires Used For Motor Cars in Mexico decreased to 108445 USD THO in February from 131581 USD THO in January of 2021. Imports of New Pneumatic Tires Used For Motor Cars in Mexico averaged 111540.83 USD THO from 2014 until 2021, reaching an all time high of 151420 USD THO in May of 2017 and a record low of 32802 USD THO in May of 2020. This page includes a chart with historical data for Mexico Imports of New Pneumatic Tires Used For Motor Cars.
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  47. Increased "competition" in the EV space is bullish news for TSLA, not bearish (23/05/2021 - Reddit Stocks)
    Disclaimer! I'm not saying i'm bullish (or bearish) on TSLA, just that this particular argument is weak. Many TSLA bears point out the risk of increased competition resulting from companies moving into the EV space, especially since nearly all major makes now have an EV either in production or in development. For one, most of these cars target a completely different customer. Simply, cars like the Nissan Leaf or Chevy Bolt aren't cutting into Tesla sales just like the Toyota Corolla isn't cutting into BMW 330i sales. While it's true that "better" or more luxury lines like the Audi E-Tron are coming out, they're still not quite there in terms of competitive features and price point. It's reasonable to think many customers who are buying a $70k car are willing to spending another $10k for significantly better range, a bigger battery, better charging infrastructure, falcon wing doors, etc. Think about it, how many Model Xs do you see on the road versus an Audi E-Tron or Jaguar I-PACE? Yes, those cars newer, but there are other reasons for their dismal sales too. So while there's going to be some buyers choosing these new EVs over a Tesla, it's not the doom and gloom that Tesla bears seem to think. IMO, The competition between EVs versus ICEs is much more significant than the competition between EVs. Lastly and most importantly, this increase in "competition" just draw more attention to the EV market in general, which will always be good for Tesla and this is why Musk has always pushed for more competition in the EV space. For instance, if we take the current EV market to have a relative "size" or value of 1 and Tesla owns 90% of it, that's a size or value of 0.9 for Tesla. But if this competition and attention causes the EV market to grow to 3 but Tesla only owns 40% of it, that's still a size of 1.2 for Tesla.   submitted by   /u/Fargraven [link]   [comments]
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  48. The End of Tesla’s Dominance May Be Closer Than It Appears (Bloomberg) (24/03/2021 - Reddit Stocks)
    https://www.bloomberg.com/news/articles/2021-03-24/tesla-tsla-and-elon-musk-s-dominance-is-threatened-by-volkswagen Summary: - Most of the article is about VW (maybe sponsored by VW? :-) ) - VW become the #1 EV maker in EU last year ----EV cars sales in EU: Dec 2019: TSLA: 110K , VW 46K; Dec 2020: TSLA: 96K, VW: 174K - VW CEO (Diess) using the same strategy as Musk (creating media hype, "power day" similar to "battery day, etc), stock has gone up 80% ytd, meme stock potential - This year, VW plans to deliver 1 million plug-in hybrid and fully electric vehicles, and Diess aims to surpass Tesla in EV sales no later than 2025. Some analysts predict it will happen much sooner. - VW can exploit something Tesla doesn’t have much of yet: scale. Dozens of brands that fill every nook and cranny of the auto market—and sales last year of 9.3 million vehicles (compared to TSLA's 0.5 million). - By 2025, VW and its partners will have more than 35,000 public chargers around the world, and planning half a dozen battery factories in EU. - VW aims to sell 26 million EVs in the next 10 years - Other legacy auto makers following suit (e.g. GM planning to phase out diesel cars by 2035, Hyundai planning almost two dozen new models, Renualt having a super hit in EU with model Zoe, Ford's Mustang Mach-E) - Chinese companies rolling out budget EV models - Tons of new companies/SPACs (Rivian, Lucid, etc) - Just like netflix that paved the way for streaming video is now facing great competition from "legacy" companies like disney, HBO, amazon, etc, TSLA will also face the same struggle with the EV market, specially when the giants like Apple, Amazon, Google have EV ambitions of themselves - (maybe positive for TSLA) the biggest automaker in the world Toyota, still not fully committed to EV, and some major automakers like BMW do not think "only EV after year xxxx" is a good strategy because there are like 160 countries/markets to consider ​ Opinion: - would have been nice to get some analysis about the software/AI aspect, as that is one of the main thing that TSLA is way ahead of others and legacy car makers seem to be struggling with - Chinese companies barely mentioned (and also aspects such as the recent Chinese rule of not using TSLA cars in military sensitive areas due to the cameras, which may give acceleration to LADAR based cars rather than camera based Evs, and I doubt TSLA will shift to that one..) ​ What do you think? I thin the EV pie is very big and there is room for many. TSLA will be dominant for at least the next few years (maybe until 2025) and then maybe others will catch up if they play their cards right and some politics (like China) plays in their favour. PS: I don't have a position in TSLA (wanted to get in when it dipped but was waiting for sub 550 which didn't happen). I have small position in VW and Nio.   submitted by   /u/futureIsYes [link]   [comments]
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  49. Lyft Will Sell Autonomous Driving Unit to Toyota, Sees Q3 Profitability (27/04/2021 - Reddit Stocks)
    Lyft has signed a deal to sell Level 5, the company’s self-driving vehicle unit, to Toyota’s Woven Planet Holdings unit for about $550 million in cash. The ride sharing company also said that removing the costs involved in running Level 5 will accelerate the company’s path to profitability. Lyft said it would receive $200 million upfront and $350 million over a five-year period. Lyft also said the deal will remove $100 million of annual non-GAAP operating expenses—mostly from reduced R&D spend—“which will accelerate Lyft’s path to adjusted Ebitda profitability.” ​ Lyft Will Sell Autonomous Driving Unit to Toyota, Sees Q3 Profitability - MarketWatch ​ Shares of Lyft up slightly after hours. Lyft is now basically an investment into a taxi duopoly in the USA. Transportation, not tech.   submitted by   /u/dusterhi [link]   [comments]
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