Comment by bryanlarsen
1 day ago
A car transport holds thousands of ships. Therefore requiring temporary storage for thousands of cars is normal.
Even if you count the massive "hidden debt", BYD's debt load is still a small fraction of the big car makers, many of whom hold over $200 billion in debt.
Which car makers? Ford, GMC, Chevrolet are all closer to $100 billion. Tesla holds $13b.
https://companiesmarketcap.com/automakers/automakers-with-th...
Wow! Toyota $269B debt vs BYD $5.6B debt
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