TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 OXY
Occidental Petroleum
-- 47.130 AMD
Advanced Micro Devices
-- 119.210 
I have just listened to the entire call. It seems they aren'...
I have just listened to the entire call. It seems they aren't doing something bad, just communicated it in such a way like they are going to half their business.
it just looks like language/translation deficiency. Trying to use the most accurate word they have over delivered the message.
In common language:
- they want to compete through the quality of products and run a program of incentives for good merchants.
- they plan to remove outliers and therefore might see slowdown in growth when they transition through
- they want to increase the capex to further optimise supply chain for better service quality
Unfortunately with their vocab they butchered essentially a good message.
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ma gon OP : Besides the above there are cultural differences at play. They are like most novels, a bit too tragic and dramatic, looking to deliver some thoughts for contemplation.
This while transition might have a good outcome. Competition always have more difficulty than a leader and has to compete with price to acquire market share. They, have a customer base and just need to deliver quality to maintain business. But again, they just made it sound tragic, as are Chinese novels.
Digitanium : it's the reduction in consumer spending that's terrifying. it's questionable whether pdd is able to outperform it's competitions in china and the US, not forgetting that Amazon is trying to replicate pdd's supplier-to-consumer business model. With a cloudy future outlook, it's unsurprising that investors are reducing or exiting some of their positions. Management has also reiterated that the company is willing to forgo profits to pull through tough quarters ahead, and there won't be any stock buybacks - typically a negative sentiment. JD just announced billions of stock buyback today. pdd management could mirror this move to restore investor confidence.
ma gon OP Digitanium : The bad economical outlook is every company's reality. Yet, they don't just go on a call and repeat 'brace, brace, brace'. They made it sound terrifying. especially since they had provided no number insights to put some perspective on it. Made ppl guessing.
MonkeyGee : instead of optimiser, I heard incentivized
MonkeyGee ma gon OP : that's how Asian communities. they don't fluffy a bad situation.