The Coming Wave: Cheap Chinese EVs

[] Could they disrupt Tesla’s dominance？ [View in browser]( [View in browser]( [] APRIL 30, 2024 [] [] 🛑 STOP! 🛑 If you’re not trading WITH Wall Street, you’re trading AGAINST them — a BIG mistake for most traders! — — Jack Carter is LIVE right now to reveal a $3,000,00 Wall Street trade he’s just spotted! [Click here to discover how he plans to trade WITH this mega-sized Wall Street trade!]( [] PROSPERITY PUB MARKET TALK The Coming Wave: Cheap Chinese EVs Could Disrupt Tesla's Dominance Tesla has long been the undisputed leader in the electric vehicle (EV) market. But a new challenger is emerging on the horizon — China. Chinese automakers are ramping up production of affordable EVs, and their lower prices could pose a significant threat to Tesla's dominance in the US market. Here's why these cheap Chinese EVs could disrupt the playing field: • Price Advantage: Chinese manufacturers benefit from economies of scale and potentially lower production costs. This translates to significantly cheaper EVs compared to Tesla's current offerings. Budget-conscious American consumers might find these new entrants highly attractive. • Rapid Innovation: China’s tech sector is booming, and this innovation spills over into the auto industry. Chinese companies are developing competitive battery technology and features, potentially narrowing the gap with established players like Tesla. • Government Support: In the past, the Chinese government has heavily subsidized domestic EV production and infrastructure, allowing Chinese manufacturers to keep prices low and expand their reach. This could potentially result in flooding the US market with affordable options. So, what does this mean for Tesla? • Pressure on Margins: Tesla currently enjoys premium pricing for its vehicles. But a wave of cheaper alternatives could force them to adjust pricing strategies or risk losing market share. • Increased Competition: Tesla will no longer be the only game in town. They'll need to compete fiercely on features, technology, and after-sales service to maintain their customer base. • Focus on Differentiation: Tesla might need to emphasize its brand identity, focusing on aspects like performance, self-driving technology, and a robust charging network to differentiate itself from the budget-friendly Chinese options. But it's not all doom and gloom for Tesla. They have several advantages: Brand Recognition: Tesla is a household name synonymous with EVs. This brand loyalty can be a powerful advantage against new entrants. Established Infrastructure: Tesla's extensive charging network across the US gives them a significant edge compared to Chinese companies who might struggle to replicate such infrastructure quickly. The arrival of cheap Chinese EVs presents a unique challenge for Tesla. While it might disrupt their current dominance, it also pushes the entire industry towards greater affordability and potentially faster adoption of EVs. Ultimately, consumers will benefit from a wider range of options and potentially lower prices. The future of the US EV market promises to be exciting, with Tesla needing to adapt and innovate to remain the leader in the face of this coming wave. Our own Jeffry Turnmire has recently called the bottom of Tesla (TLSA) stock’s long slump. And despite it’s most recent poor earnings announcement, the stock has bounced as much as 41% off its low just last week. Despite the competition from China and other pressures, he sees the stock continuing to rise after some short term resistance. [Get Jeffry’s full analysis here]( including long term targets as high as $350 and even $500! — The Prosperity Pub Team [] [] How To Harness Wall Street’s Shadowy $3,000,000 Bet! Jack Carter has done it again! He’s spotted a nearly-invisible $3,000,000 bet on one specific ticker… And today, he’s revealing the strategy he uses to turn Wall Street’s secret moves into potential income opportunities — nearly every single week! [Discover the power of trading WITH Wall Street’s biggest moves!]( [] [] SCOTT WELSH’S TICKER TALES Here Comes Qualcomm (QCOM) Just when we thought it was safe to rotate out of electronics and semiconductors… They come roaring back. Of course, AMD and all of its friends had a monstrous run, but they all started pulling back about a month ago. And then the “Tech is Dead” headlines started coming back. But a funny thing happened on the way to tech’s funeral. It started charging back. And QCOM has, too. Here’s the chart: [] A break above $176 could lead to a brand-new surge. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. [] [] [] [] APRIL 30, 2024 [] [] 🛑 STOP! 🛑 If you’re not trading WITH Wall Street, you’re trading AGAINST them — a BIG mistake for most traders! — — Jack Carter is LIVE right now to reveal a $3,000,00 Wall Street trade he’s just spotted! [Click here to discover how he plans to trade WITH this mega-sized Wall Street trade!]( [] PROSPERITY PUB MARKET TALK The Coming Wave: Cheap Chinese EVs Could Disrupt Tesla's Dominance Tesla has long been the undisputed leader in the electric vehicle (EV) market. But a new challenger is emerging on the horizon — China. Chinese automakers are ramping up production of affordable EVs, and their lower prices could pose a significant threat to Tesla's dominance in the US market. Here's why these cheap Chinese EVs could disrupt the playing field: - Price Advantage: Chinese manufacturers benefit from economies of scale and potentially lower production costs. This translates to significantly cheaper EVs compared to Tesla's current offerings. Budget-conscious American consumers might find these new entrants highly attractive. - Rapid Innovation: China’s tech sector is booming, and this innovation spills over into the auto industry. Chinese companies are developing competitive battery technology and features, potentially narrowing the gap with established players like Tesla. - Government Support: In the past, the Chinese government has heavily subsidized domestic EV production and infrastructure, allowing Chinese manufacturers to keep prices low and expand their reach. This could potentially result in flooding the US market with affordable options. So, what does this mean for Tesla? - Pressure on Margins: Tesla currently enjoys premium pricing for its vehicles. But a wave of cheaper alternatives could force them to adjust pricing strategies or risk losing market share. - Increased Competition: Tesla will no longer be the only game in town. They'll need to compete fiercely on features, technology, and after-sales service to maintain their customer base. - Focus on Differentiation: Tesla might need to emphasize its brand identity, focusing on aspects like performance, self-driving technology, and a robust charging network to differentiate itself from the budget-friendly Chinese options. But it's not all doom and gloom for Tesla. They have several advantages: Brand Recognition: Tesla is a household name synonymous with EVs. This brand loyalty can be a powerful advantage against new entrants. Established Infrastructure: Tesla's extensive charging network across the US gives them a significant edge compared to Chinese companies who might struggle to replicate such infrastructure quickly. The arrival of cheap Chinese EVs presents a unique challenge for Tesla. While it might disrupt their current dominance, it also pushes the entire industry towards greater affordability and potentially faster adoption of EVs. Ultimately, consumers will benefit from a wider range of options and potentially lower prices. The future of the US EV market promises to be exciting, with Tesla needing to adapt and innovate to remain the leader in the face of this coming wave. Our own Jeffry Turnmire has recently called the bottom of Tesla (TLSA) stock’s long slump. And despite it’s most recent poor earnings announcement, the stock has bounced as much as 41% off its low just last week. Despite the competition from China and other pressures, he sees the stock continuing to rise after some short term resistance. [Get Jeffry’s full analysis here]( including long term targets as high as $350 and even $500! — The Prosperity Pub Team [] [] How To Harness Wall Street’s Shadowy $3,000,000 Bet! Jack Carter has done it again! He’s spotted a nearly-invisible $3,000,000 bet on one specific ticker… And today, he’s revealing the strategy he uses to turn Wall Street’s secret moves into potential income opportunities — nearly every single week! [Discover the power of trading WITH Wall Street’s biggest moves!]( [] [] SCOTT WELSH’S TICKER TALES Here Comes Qualcomm (QCOM) Just when we thought it was safe to rotate out of electronics and semiconductors… They come roaring back. Of course, AMD and all of its friends had a monstrous run, but they all started pulling back about a month ago. And then the “Tech is Dead” headlines started coming back. But a funny thing happened on the way to tech’s funeral. It started charging back. And QCOM has, too. Here’s the chart: [] A break above $176 could lead to a brand-new surge. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on [this Ask The Pros episode]( starting at timestamp 20:45. [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](