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It’s a bit of a rough patch for Tesla but I think they will rebound from this.
China has won the trade war. How many western manufacturers have to go to China and show China how to build the product and then lose the global market to China? China used Tesla and Musk to show them how to build EVs and now China leads the world in EV production by using the Chinese parts suppliers Tesla contracted and gave the blueprints to. They just never learn. The west is fucked as it cannot compete with Chinas highly organised and determined mercantilism. The west has no cohesive overall strategy. China has beat the west at its own game. Chinas mixed economy led byb a poliburo composed mostly of engineers beats the wests crony capitalism run by bankers, real estate age, rentseeking corporate lobbyists and lawyers. China told Trump to get fucked with his tariffs because USA needs China just as much as China needs USA. The world is watching. US financialisation of everything has decimated the wests economic dominance and opened the door to China to be the new economic super power.
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Maybe so, but that graph is not very encouraging.
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It is darkest before dawn! (disclaimer I own fractional shares if Tesla)
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Are you doubling down?
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My $2 DCA should hit next week
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How much of this is bc Elon won't shut the fuck up, and how much for larger macro issues?
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Elon loves to run his mouth
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Time to buy Tesla? 🤔
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Now that he’s not working with president Trump sales will rebound. Working in government trying to get rid of overspending really hurt not just sales but his reputation as well. Now that he’s interested in starting a new party it will help a bit.
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If you want a positive chart, you could plot the number of Teslas driven off of cliffs over time ;)
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51 sats \ 0 replies \ @Aardvark 15h
Belive it or not, calls.
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