Porsche's operating profit fell 98% in 2025.
Not because people stopped buying 911s. Porsche bet on the Taycan to bridge buyers from combustion to electric, and the bridge did not hold. Then China, once its biggest market, moved to BYD and cheaper homegrown EVs.
Would you buy the stock now that the price is low, or wait until you get your money right and buy the 911?
#porsche #investing #electricvehicles #china #globalarbitrage