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Motley Fool Hidden Gems Investing

BMW’s Kinder Egg Strategy

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 12 March 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Why does ASML want to leave its home country? (00:21) Bill Mann and Ricky Mulvey discuss: - A growth problem for the European tech giant. - BMW’s ability to make a profit on electric vehicle sales. - Product problems for BYD Auto. Plus, (17:20) Alison Southwick and Robert Brokamp talk to a couple about their real life money questions, and one financial item that should be on every family’s to-do list. Companies discussed: ASML, BMWYY, TSLA, BYDDY NYTimes Article about BMW: https://www.nytimes.com/2024/03/09/business/bmw-electric-vehicles.html Visit our sponsor Monarch Money: Go to www.monarchmoney.com/FOOL for an extended 30-day free trial.  Host: Ricky Mulvey Guests: Bill Mann, Alison Southwick, Robert Brokamp, Emily Williamson, Paul Ballas Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you can't grow in your home country, how about France? You're listening to Motley Full Money. I'm Ricky Mulvey joined today by Bill man Bill good to see you.

0:24.6

Hey Ricky how you doing? I'm doing pretty well. There is an odd international story

0:30.3

that I want to get your take on in part because I think it's kind of funny.

0:34.0

This is the setup.

0:36.0

ASML, which makes the machines that makes the machines that make

0:40.0

semiconductors, is threatening to kind of sort of not completely leave its home

0:46.3

country of the Netherlands. According to Bloomberg CEO Peter Wenink

0:51.3

said at a tech conference quote we have to come to the conclusion

0:55.3

that we can grow responsibly in the Netherlands we have not yet drawn that

0:59.0

conclusion end quote. Basically the company says it needs more foreign talent.

1:03.5

The Dutch government is led by a prime minister who's campaigned on reigning in immigration.

1:10.0

And now the company is sending out reports,

1:14.4

reportedly according to a Dutch newspaper

1:17.4

that maybe the labor situation

1:19.6

is better for them in France

1:21.3

and maybe they should move there.

1:23.0

First question, Bill, is this a bit?

1:26.0

Like, are they doing a bit right now?

1:28.0

I would have loved if you'd said, first question, Bill, France? France, how France has become the potential landing spot

1:39.8

for one of the largest technology companies in the world is somewhat fascinating.

1:44.0

In the parlance of the movie singles, ASML is the guy behind the guy behind the guy

1:51.0

and it is the only company in Europe that's amongst the top 10 of

...

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