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It's a Vietnamese automaker that dominates its home market in electric vehicles  but has ambitious plans to expand into the valuable U.S. and European markets. The company just released its fourth-quarter earnings and it had impressive growth, but also wider losses.With the stock down 20% year to date, is now the time to buy VinFast?The 20% decline in share price might be enough to entice some investors, but there's massive risk in investing in this Vietnamese automaker. It's still largely unproven outside of its home market, and importing vehicles in key markets such as the U.S. just got more expensive and complicated. 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Amid the mind-bending vastness of the Shanghai car show, dozens upon dozens of brands compete for consumer attention.  Few of them, however, are profitable and they face intense pressure from a raging EV price war to innovate their way to survival  Which brings us to today’s Auto File…Porsche’s 911 gambit China’s hybrid redux BYD’s European miscues Porsche plays its 911 card in China There was a running joke during Rudy Giuliani’s abortive presidential run in 2008 that he would counter any awkward question by saying “But 9/11,” a reference to the pinnacle of his career responding to the Sept 11th 2001 terrorist attacks in New York. “But 911” seems to be Porsche’s answer to its problems in China.  After declining sales in China for the last three years, Porsche’s business there plunged 42% in the first quarter. 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