Affordable „Right-Sized“ electromobility is here with #Slate and this cute Electric #Ape

From: @asymco
https://mastodon.social/@asymco/114552972287553163

@godofbiscuits @counternotions I knew Nuvomedia very well indeed. Was on the OEBF standards group with their CTO. Know the merger with Softbook, who acquired them, and how Tesla started as a result. Smalll world.

@godofbiscuits @counternotions

@asymco $6.5-billion for a 55-person 2yo design company without a single product that will stand independent and the founder Ive will not even be an officer sounds…totally normal.

@godofbiscuits Always was one of my favorites

@counternotions This whole deal is suspicious.

Viva la micromobilità! https://apple.news/AidqONSKuTeipAwcFUFBf7g

The Cannes Film Festival has hosted the world premiere of "Bono: Stories of Surrender," the first Apple TV+ music documentary to have a feature-length Apple Vision Pro immersive video edition.
https://appleinsider.com/articles/25/05/20/apple-debuts-apple-vision-pro-bono-stories-of-surrender-at-cannes?utm_medium=social&utm_source=mastodon

@asymco clear-eyed, well-considered thoughts as always—thank you

@asymco loving the word choices…

Contrabrand

In my last post I asked if tariffs, antitrust remedies, distribution dissatisfaction and non-iOS competition make any impact on how customers perceive the company. Let’s begin with tariffs. Broadly, tariffs are unpredictable and politically arbitrary. The greatest harm may come not from the misallocation of capital among nations but from the inability to plan and thus the non-allocation of capital altogether.

https://www.asymco.com/2025/05/17/contrabrand/

@dlidstrom Tesla in China is facing a sever loss of competitiveness with modest brand erosion. In EU Tesla is facing brand destruction with modest competitiveness erosion.

Xpeng sales in China are more than double Tesla’s sales. BYD more than 20 times.

According to insurance registration data, Tesla delivered only 3,070 vehicles in China last week—down 69% from the same week last year. BYD just had its best sales week of 2025 in China with nearly 68,000 EV registrations. Guess which company's stock price is soaring.

https://electrek.co/2025/05/13/tesla-tsla-chinese-deliveries-dropped-scary-low-level/

@asymco nvidia 35.5
https://m.macrotrends.net/stocks/charts/NVDA/nvidia/pe-ratio

The big tech valuation (P/E ratio) update:
Google: 17.98
Meta: 25.65
Apple: 33.12*
Amazon: 34.48
Microsoft: 34.71
Netflix: 53.7
Tesla: 190.9

* 3 to 4 is due to one-off EU tax penalty in 2024

In April, the average transaction price (ATP) for a new electric vehicle in the US climbed to $59,255. #peoplescar

Congrats to @asymco for being the first analyst quote of the biggest apple book of the year. The audio version has a good narrator as well. https://www.audible.com/pd/B0DPJJCG77

Tesla sold 28,731 cars in China in April, down 8.6% year-on-year. Not the 40% to 80% drops for European countries but it’s still a decent drop.

SUVs Make Traffic Worse And Are More Dangerous Than Cars
https://www.forbes.com/sites/lauriewinkless/2025/05/07/suvs-make-traffic-worse-and-are-more-dangerous-than-cars/?utm_source=flipboard&utm_medium=activitypub

Posted into Innovation @innovation-forbes