Double down, no backing off
<p><span word="Reader">Reader</span> <span word="question">question</span>:</p><p><span word="In">In</span> <span word="the">the</span> <span word="following">following</span> <span word="sentence">sentence</span>, <span word="what">what</span> <span word="does">does</span> “<span word="doubled">doubled</span> <span word="down">down</span>” <span word="mean">mean</span> <span word="exactly">exactly</span>?</p><p><span word="BYD">BYD</span>, <span word="sometimes">sometimes</span> <span word="referred">referred</span> <span word="to">to</span> <span word="as">as</span> <span word="China">China</span>’<span word="s">s</span> <span word="Tesla">Tesla</span>, <span word="doubled">doubled</span> <span word="down">down</span> <span word="on">on</span> <span word="all">all</span>-<span word="electric">electric</span> <span word="by">by</span> <span word="adding">adding</span> <span word="a">a</span> <span word="second">second</span> <span word="model">model</span> <span word="to">to</span> <span word="its">its</span> <span word="line">line</span>-<span word="up">up</span>.</p><p><span word="My">My</span> <span word="comments">comments</span>:</p><p><span word="BYD">BYD</span>, <span word="a">a</span> <span word="Chinese">Chinese</span> <span word="carmaker">carmaker</span>, <span word="has">has</span> <span word="brought">brought</span> <span word="a">a</span> <span word="second">second</span> <span word="all">all</span>-<span word="electric">electric</span> <span word="model">model</span> <span word="to">to</span> <span word="the">the</span> <span word="market">market</span>. <span word="This">This</span> <span word="shows">shows</span> <span word="that">that</span> <span word="BYD">BYD</span> <span word="is">is</span> <span word="determined">determined</span> <span word="to">to</span> <span word="continue">continue</span> <span word="with">with</span> <span word="its">its</span> <span word="all">all</span>-<span word="electric">electric</span> <span word="strategy">strategy</span>, <span word="even">even</span> <span word="though">though</span> <span word="going">going</span> <span word="all">all</span>-<span word="electric">electric</span> <span word="is">is</span> <span word="considered">considered</span> <span word="risky">risky</span>.</p><p><span word="Although">Although</span> <span word="the">the</span> <span word="concept">concept</span> <span word="of">of</span> <span word="electric">electric</span> <span word="cars">cars</span> <span word="has">has</span> <span word="been">been</span> <span word="around">around</span> <span word="for">for</span> <span word="years">years</span>, <span word="decades">decades</span> <span word="as">as</span> <span word="a">a</span> <span word="matter">matter</span> <span word="of">of</span> <span word="fact">fact</span>, <span word="most">most</span> <span word="cars">cars</span> <span word="still">still</span> <span word="run">run</span> <span word="on">on</span> <span word="petrol">petrol</span> <span word="or">or</span> <span word="gas">gas</span>. <span word="Carmakers">Carmakers</span> <span word="haven">haven</span>’<span word="t">t</span> <span word="gone">gone</span> <span word="all">all</span> <span word="out">out</span> <span word="on">on</span> <span word="electric">electric</span> <span word="vehicles">vehicles</span> <span word="despite">despite</span> <span word="of">of</span> <span word="the">the</span> <span word="obvious">obvious</span> <span word="benefit">benefit</span> <span word="of">of</span> <span word="using">using</span> <span word="electricity">electricity</span> <span word="to">to</span> <span word="power">power</span> <span word="a">a</span> <span word="car">car</span>. <span word="Electricity">Electricity</span> <span word="is">is</span> <span word="considered">considered</span> <span word="a">a</span> <span word="form">form</span> <span word="of">of</span> <span word="clean">clean</span> <span word="energy">energy</span>, <span word="relatively">relatively</span> <span word="speaking">speaking</span> <span word="and">and</span> <span word="therefore">therefore</span> <span word="environmentally">environmentally</span> <span word="friendly">friendly</span>.</p><p><span word="But">But</span> <span word="electric">electric</span> <span word="cars">cars</span> <span word="haven">haven</span>’<span word="t">t</span> <span word="proven">proven</span> <span word="to">to</span> <span word="be">be</span> <span word="a">a</span> <span word="success">success</span> <span word="market">market</span>-<span word="wise">wise</span>. <span word="That">That</span>’<span word="s">s</span> <span word="why">why</span> <span word="most">most</span> <span word="carmakers">carmakers</span> <span word="don">don</span>’<span word="t">t</span> <span word="mass">mass</span> <span word="produce">produce</span> <span word="them">them</span>. <span word="Not">Not</span> <span word="yet">yet</span>. <span word="That">That</span>’<span word="s">s</span> <span word="why">why</span> <span word="investment">investment</span> <span word="in">in</span> <span word="electric">electric</span> <span word="vehicles">vehicles</span> <span word="is">is</span> <span word="still">still</span> <span word="considered">considered</span> <span word="risky">risky</span>.</p><p><span word="We">We</span> <span word="can">can</span> <span word="also">also</span> <span word="infer">infer</span> <span word="that">that</span> <span word="going">going</span> <span word="all">all</span>-<span word="electric">electric</span> <span word="is">is</span> <span word="risky">risky</span> <span word="business">business</span> <span word="from">from</span> <span word="the">the</span> <span word="phrase">phrase</span> “<span word="doubled">doubled</span> <span word="down">down</span>” <span word="itself">itself</span>, <span word="because">because</span> “<span word="double">double</span> <span word="down">down</span>” <span word="is">is</span> <span word="originally">originally</span> <span word="a">a</span> <span word="gambling">gambling</span> <span word="term">term</span>. <span word="In">In</span> <span word="gambling">gambling</span>, <span word="one">one</span>’<span word="s">s</span> <span word="good">good</span> <span word="luck">luck</span> <span word="may">may</span> <span word="come">come</span> <span word="and">and</span> <span word="go">go</span>, <span word="but">but</span> <span word="the">the</span> <span word="risks">risks</span> <span word="are">are</span> <span word="always">always</span> <span word="there">there</span>.</p><p><span word="Anyways">Anyways</span>, <span word="round">round</span> <span word="the">the</span> <span word="gambling">gambling</span> <span word="table">table</span>, <span word="to">to</span> <span word="double">double</span> <span word="down">down</span> <span word="means">means</span> <span word="for">for</span> <span word="a">a</span> <span word="gambler">gambler</span> <span word="to">to</span> <span word="double">double</span> <span word="his">his</span> <span word="or">or</span> <span word="her">her</span> <span word="bet">bet</span>. <span word="If">If</span> <span word="they">they</span> <span word="have">have</span> <span word="initially">initially</span> <span word="put">put</span> 100 <span word="dollars">dollars</span> <span word="on">on</span> <span word="the">the</span> <span word="table">table</span> <span word="earlier">earlier</span> <span word="in">in</span> <span word="the">the</span> <span word="game">game</span>, <span word="for">for</span> <span word="example">example</span>, <span word="they">they</span> <span word="now">now</span> <span word="add">add</span> 100 <span word="dollars">dollars</span> <span word="more">more</span> <span word="to">to</span> <span word="the">the</span> <span word="stake">stake</span>, <span word="therefore">therefore</span> <span word="assuming">assuming</span> <span word="twice">twice</span> <span word="as">as</span> <span word="much">much</span> <span word="risk">risk</span> <span word="as">as</span> <span word="before">before</span>. <span word="In">In</span> <span word="other">other</span> <span word="words">words</span>, <span word="they">they</span>’<span word="re">re</span> <span word="not">not</span> <span word="backing">backing</span> <span word="down">down</span> <span word="in">in</span> <span word="face">face</span> <span word="of">of</span> <span word="greater">greater</span> <span word="money">money</span>-<span word="losing">losing</span> <span word="risks">risks</span>.</p>
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