VWAGY HAS BEEN ADDED TO THE Phantasma Volkswagen’s Electric Car Stacks Up Well Against Tesla in UBS Teardown 1/ 2 Volkswagen’s Electric Car Stacks Up Well Against Tesla in UBS Teardown Wed, March 3, 2021, 10:00 AM (Bloomberg) -- A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably to Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal. The deep dive into the ID.3 by UBS Group AG analysts found the platform underpinning VW’s EV models will be fully cost competitive with Tesla and boast best-in-class energy density and efficiency. Analysts led by Patrick Hummel called the car “the most credible EV effort by any legacy auto company so far.” VW common shares climbed as much as 5.6% to 209 euros, the highest intraday since July 2015, the month that eventual Chief Executive Officer Herbert Diess joined the company from BMW AG. UBS raised its price target to 300 euros. UBS’s assessment is the latest positive development for an EV that got off to a bumpy start last year. Production hiccups, software glitches and disruptions related to the Covid-19 pandemic plagued the ID.3 launch and cast doubt over the ability of traditional automakers to field products that can compete with Tesla’s Model 3. “The market has been waiting” for VW’s battery-electric vehicle production to ramp up, and for “proof points,” Diess tweeted Wednesday. “So here we are.” VW is primarily targeting Europe with the ID.3 hatchback and flanking the car with a crossover sibling, the ID.4, that will be produced in China and the U.S., in addition to Germany. VW group brands Audi, Skoda and Seat also will introduce vehicles this year that share the same underpinnings to boost economies of scale. Ford Motor Co. also will license VW’s modular EV platform to make a compact car in Europe, adding additional volume. VW plans to at least double the share of its sales that are fully electric this year to between 6% and 8%, suggesting it might narrow the gap with Tesla by boosting deliveries to roughly 700,000 cars. Tesla expects to hand over at least 750,000 vehicles in 2021. “VW might not be the Apple, but the Samsung of the EV world, with profitable, high-volume EV brands,” UBS’s Hummel said. He estimates the ID.3’s gross margin is around 15%, “already almost on par” with VW’s combustion-era Golf model.
WATCHING- Youdao, Inc. (DAO) NYSE - Nasdaq Real Time Price. Currency in USD $35.10+0.52 (+1.50%) As of 10:52AM EST. Market open. Chart Events Bullishpattern detected Williams %R
This counts as a big day! Volkswagen AG (VWAGY) Other OTC - Other OTC Delayed Price. Currency in USD $24.77+0.88 (+3.66%)<-------- As of 10:43AM EST.
hey selling it was my idea! you've got to give me something today because i'm really kicking myself about cereplast. i had that one. ugh. but you did back up selling dnmr, so thank you. also, i sold Good Natured Products this morning and then it kept going down. still like that stock, but didn't want to keep going down with it.
Watching: A) LyondellBasell Industries N.V. (LYB) $108.93+1.03 (+0.95%) As of 10:59AM EST. B) Park Hotels & Resorts Inc. (PK) $21.86+1.00 (+4.82%) As of 11:00AM EST. Market open. Oscar Health indicated to open at $35-$37, IPO priced at $39 .>> ugly
RPD Is Extremely Close To Being a Gummy! I have alot of exposure in this space so I am hesitant. Today it gave us $79.56 I passed but I encourage you to watch it... Up a Buck from there and poised to finish strong i think... I haven't done all my homework but the CEO is African American so I am favorably disposed right off the bat despite their gaudy Boston home office. Rapid7, Inc. (RPD) NasdaqGM - NasdaqGM Real Time Price. Currency in USD $81.53+2.54 (+3.22%) As of 11:09AM EST. Market open.
janes-- Have you noticed that the one we liked Avantium has been pretty steady. It's $6.80 and it was only $7 when we were looking. I don't know if it's relative strength or just unknown. I remember this was the one where there's anew factory coming or not depending on the research... Description Avantium N.V., a chemical technology company, provides catalysis services and systems to the oil, gas, chemical, and renewable industries in the Netherlands. The company operates through three segments: Catalysis, Renewable Chemistries, and Renewable Polymers. It offers catalyst testing systems, including Flowrence XD that provides catalyst testing for the early discovery stage, when customers need to find out what catalyst works for their chemical process; Flowrence XR system that enables research into optimizing the catalysts; Flowrence XP that provides testing of catalysts in the process development stage; and Flowrence XC that offers testing of catalysts in the commercialization stage, as well as provides R&D services and refinery catalyst testing services. The company also develops and commercializes products and processes in the renewable and chemistries space. In addition, it develops ray technology to produce mono-ethylene glycol from industrial sugars; and dawn technology which convert non-food plant-based feedstock to industrial sugars and lignin. Further, the company produces furandicarboxylic acid, a building block for polyethylene furanoate (PEF); and PEF, a plant-based recyclable plastic for use as packaging material. Avantium N.V. is headquartered in Amsterdam, the Netherlands.