RE: President Donald Trump Tariffs3 Apr 2025 13:03
It's not the AML share price that's in trouble, it's the company.
The only reason AML sold close to 7000 cars (old models) in recent times was free covid money.
Since then:
-Europe has hit the skids, and is now in serious trouble due to high tariffs and very little manufacturing.
-UK is in deep trouble too, for the same reasons, and even higher tariffs.
-China has slowed generally, but car sale growth has been stellar because of cheap & well built EVs which will decimate western traditional car manufacturers in the medium term.
-US sales will be under serious pressure now too for AML, for a couple of years at least. It will take a while of recessions/stagflation before things level out again and American companies (and therefore US citizens) reap the rewards.
Hence why Buffet was so prescient with his selling and huge cash position.
To all AML holders, aim your anger at Stroll, he is the one who has taken all your cash. He has got richer while you haemorrhage cash. That's what billionaires do, they extract wealth from others.
How much of a loss will AML make only selling 5000 cars?
They will be burning through a whole lot more cash than they ever did.
It won't be long until this is taken private.