YouTuber MKBHD Gives Thumbs Down To VinFast VF8 As It Has A 'Shocking Amount Of Similarities' With Fisker Ocean: 'But It's Different'
Portfolio Pulse from Anan Ashraf
Marques Brownlee, known as MKBHD, reviewed VinFast Auto's VF8, noting its similarities to the Fisker Ocean SUV, which he previously criticized. Despite some changes in materials and design to cut costs, Brownlee found the VF8's quality lacking, with issues like poor vegan leather seats, an outdated center screen, and a low-quality reverse camera. He concluded that the VF8, priced around $50,000, is a poor choice compared to other SUVs in the same price range. VinFast shares closed down 2.69% at $4.7, marking a 33.33% decline year-to-date.
March 27, 2024 | 7:46 am
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NEGATIVE IMPACT
MKBHD's critical review of VinFast's VF8, highlighting its poor quality and lack of value compared to competitors, could negatively impact investor sentiment and VinFast's stock price in the short term.
Given the influence of Marques Brownlee in the tech and automotive sectors, his negative review of the VF8, especially highlighting its poor quality and lack of value at its price point, could lead to negative investor sentiment. This, combined with the reported 33.33% year-to-date decline in VinFast's stock, suggests a potential further short-term negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90