jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) recorded a sharp surge in South Korea sales in March, numbers more than quadrupled to 11,130 units last month from 2,591 a year earlier. The surge is attributed to aggressive price cuts on key models such as the Model Y and Model 3, along with strong demand for imported electric vehicles in South Korea. Model Y Premium and Model 3 varia...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) recorded a sharp surge in South Korea sales in March, numbers more than quadrupled to 11,130 units last month from 2,591 a year earlier. The surge is attributed to aggressive price cuts on key models such as the Model Y and Model 3, along with strong demand for imported electric vehicles in South Korea. Model Y Premium and Model 3 variants were the top‑selling imported cars in March. The Model Y Premium sold the most at 5,517 units. The Model 3 Premium Long Range came in at 1,905, and the Model 3 at 1,255, according to a local newspaper. Tesla’s ( TSLA ) performance helped overall imported‑car registrations in South Korea rise about 34–35% Y/Y in March to roughly 33,970 units, the highest monthly level on record. Earlier this year, regulatory filings revealed that the company is preparing to introduce the Model Y L in South Korea after launches in Thailand and Malaysia. More on Tesla Tesla: Finally Catching Up To Reality Tesla: This Is Not The Right Time To Buy The Dip Tesla May Beat Deliveries, But This Could Hurt The Bottom Line SA Asks: What's next for Tesla following a tepid EV deliveries report? ETFs tied to Tesla slide as the EV maker's delivery miss pressures stock
Ployker/iStock via Getty Images With the current Middle East conflict entering its second month, it seems more likely this conflict is going to go on for a while, at least several months if not much longer. While the world is focused on oil prices and the umpteenth time some sort of negotiations are mentioned and then dispelled and then refloated, it may be an opportune time to take a look at some...
Ployker/iStock via Getty Images With the current Middle East conflict entering its second month, it seems more likely this conflict is going to go on for a while, at least several months if not much longer. While the world is focused on oil prices and the umpteenth time some sort of negotiations are mentioned and then dispelled and then refloated, it may be an opportune time to take a look at some less obvious beneficiaries of the current crisis. Helium is mentioned as an item potentially in shortage due to the Hormuz Strait blockade, and I believe that though Intel ( INTC ) stock price has been flat in the past few months, it is set to become a big beneficiary. INTC stock price ( StockCharts.com ) Helium: The Big Shortage While helium may seem innocuous when used to inflate balloons at parties, it is actually a critical industrial material for high-end medical and technological applications, including the fabrication of semiconductor chips . The current Middle East conflict knocked out a facility in the Middle East capable of producing helium, removing a third of the global supply and sending semiconductor fabs (among other companies) in a rush for helium. Helium spot prices have reportedly doubled already. But if we look a bit further, INTC is actually set to benefit from this. According to the United States Geological Survey (USGS) below, the US is the world’s largest producer of helium ((68+13)/180=43% of world production in 2024). World helium production (USGS) According to the same source, the US extracts its helium from natural gas production and produces more than it consumes, i.e., the US is fully self-sufficient in helium. US helium production consumption (USGS) Why INTC is Set to Benefit From Helium Crisis 70-75% of the world’s semiconductor chips are produced in East Asia, and these are all reliant on imports of helium; for example, South Korea imports 65% of its helium from Qatar, and Taiwan relies on Qatar for the majority of its helium as well. But IN...
Ployker/iStock via Getty Images With the current Middle East conflict entering its second month, it seems more likely this conflict is going to go on for a while, at least several months if not much longer. While the world is focused on oil prices and the umpteenth time some sort of negotiations are mentioned and then dispelled and then refloated, it may be an opportune time to take a look at some...
Ployker/iStock via Getty Images With the current Middle East conflict entering its second month, it seems more likely this conflict is going to go on for a while, at least several months if not much longer. While the world is focused on oil prices and the umpteenth time some sort of negotiations are mentioned and then dispelled and then refloated, it may be an opportune time to take a look at some less obvious beneficiaries of the current crisis. Helium is mentioned as an item potentially in shortage due to the Hormuz Strait blockade, and I believe that though Intel ( INTC ) stock price has been flat in the past few months, it is set to become a big beneficiary. INTC stock price ( StockCharts.com ) Helium: The Big Shortage While helium may seem innocuous when used to inflate balloons at parties, it is actually a critical industrial material for high-end medical and technological applications, including the fabrication of semiconductor chips . The current Middle East conflict knocked out a facility in the Middle East capable of producing helium, removing a third of the global supply and sending semiconductor fabs (among other companies) in a rush for helium. Helium spot prices have reportedly doubled already. But if we look a bit further, INTC is actually set to benefit from this. According to the United States Geological Survey (USGS) below, the US is the world’s largest producer of helium ((68+13)/180=43% of world production in 2024). World helium production (USGS) According to the same source, the US extracts its helium from natural gas production and produces more than it consumes, i.e., the US is fully self-sufficient in helium. US helium production consumption (USGS) Why INTC is Set to Benefit From Helium Crisis 70-75% of the world’s semiconductor chips are produced in East Asia, and these are all reliant on imports of helium; for example, South Korea imports 65% of its helium from Qatar, and Taiwan relies on Qatar for the majority of its helium as well. But IN...