That’s very interesting. My immediate reaction to the pandemic was less driving but by May ‘20 I too realized people will have to buy cars (outflow from urban areas and less public transit usage).
Sounds like someone wants to hold onto unsustainable monopoly.
Edit: chip shortage has been a known variable for over a year now. I think TSM overplayed its hands a bit. They didn’t want to expand and get caught when the demand would subside, which is very understandable. But what they didn’t foresee is that the US govt would get involved in propping up its competition in direct response.
Perhaps Paypal should focus on hiring more customer service agents instead of going a full year without a direct line in the US? Paypal is one of the most egregious fintech companies in existence.
As with all high flying stocks pay close attention to R&D and stock comps. If Tesla is at the forefront of auto technology why is their R&D all but stalled? It’s laughable.
No they’re not safer than human-driven cars. Not enough data to claim that. And how can you even collect that data when we don’t even have fully automated cars in the wild?
That’s an interesting take. So you think we shouldn’t have regulations on this new unproven technology where the government poured billions upon billions to help develop. And that’s fine. Just don’t take gov’t money then.