VinFast is Building A $4B Auto Plant In Moncure, NC

Closed Thursday at $20, down 34% on the day.
 
Meanwhile Wolfspeed tok a big hit from expenses associated with the new facility under construction and EV chip sales.
That will be the excuse when they dont move in or make any chips. Big ass metal bldg rusting on the side of the road. I hope I am wrong but then again I use that road and there is already too much traffic. What ever happened to 3C in Alamance Co?
 
$15.40 today. 😳
 

As I have been thru this before with Toyota, I'm guessing Vinfast will never make a car at Chatham plant and Toyata will never make a battery at the "mega (thud) site". Some other company may make batteries there but Toyota wont. Hearing but have no articles to quote that EV inventories are rising as sales are flagging.
 

As I have been thru this before with Toyota, I'm guessing Vinfast will never make a car at Chatham plant and Toyata will never make a battery at the "mega (thud) site". Some other company may make batteries there but Toyota wont. Hearing but have no articles to quote that EV inventories are rising as sales are flagging.
Site work is still going on, sewer lines going in when I went by this week.
 
Demand for coal burning cars is drying up as it is. What makes them think people will buy their overpriced piece of communist junk? The reviews of the product make it sound like the worst car out there; the one comment about the ride making the driver and passenger nauseous was, choice.
 
I also have to wonder how much of a negative impact all the mandates from the democrat party that people embrace the things, without choice, is having. I know the more they push their “green” lies, the less I want what they’re selling.
 
The new guidance lays out how dealers can effectively reduce the price of an EV by as much as $7,500
at the point of purchase rather than the customer having to wait until they file their taxes to claim the credit.


(and marked up $8K)
 
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