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bryanlarsen 9 hours 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.

honeycrispy 8 hours ago | parent [-]

Which car makers? Ford, GMC, Chevrolet are all closer to $100 billion. Tesla holds $13b.

chollida1 7 hours ago | parent [-]

https://companiesmarketcap.com/automakers/automakers-with-th...

thelastgallon 3 hours ago | parent [-]

Wow! Toyota $269B debt vs BYD $5.6B debt

woodpanel an hour ago | parent [-]

> its Net Debt/EBITDA was around 3.7x, indicating strong earnings cover for its debt

TLDR: Toyota can afford it