This. The BYD will be the new Honda Civic while Teslas cater to the Dodge Challenger rabble. |
Say goodbye to 120,000 jobs at Tesla here in the US. Many of the jobs are in Nevada, Texas, and California (but Trump really doesn't care about people so oh well). And if you think GM and Ford can compete with BYD, good luck. |
We are giving up advances in technology to China when we don't compete with them. Let's see what the military has to say about this. |
That's fewer jobs lost than the number lost nationwide by Musk's actions. At least in TX, they voted for getting rid of EV subsidies and green energy. |
But Tesla jobs increase GDP. |
Tesla is on a tear today. It's not the cars, it's the autonomous driving technology. If you bought this morning, good for you. |
+1 This is what people voted for. Less "woke" green energy and hundreds of billions in military "aid" to Israel to destabilize the Middle East. Enjoy! |
+1 million Meanwhile China is happy to watch us spend our money this way. |
They are already getting investigated for traffic violations made by their first 10 robotaxis on their first few days of supervised operation. The tech is no where near ready and may never be with the current implementation approach and tech stack. Sell this afternoon because the negative news is only beginning for their tech. |
Omead Afshar just left and European sales are down 40%. But robots! |
Are these online rumbles between Musk/Trump just the new market manipulation like TACO tariff announcements? Looks like Tesla stock goes down the moment Elon says he's going to primary MAGA but will it bounce back when Elon says nah, won't happen? |
Despise musk. Sure hope he follows through with his threat re primaries though. |
https://www.npr.org/2025/07/23/nx-s1-5477374/tesla-earnings-july-2025-elon-musk
Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker's woes continue despite CEO Elon Musk's pivot back to focusing on his companies after his controversial role leading the Trump administration's government cost cutting efforts. The company's electric vehicle sales have been flagging, and earlier this month it reported a drop of 13.5% in the quarter, compared with the same period a year ago. On Wednesday, Tesla said its net income also suffered, slumping 16% year-on-year. |
183 price to earnings ratio. Insanity. But it's a growth company..... |
Big Tesla sell off today.
Tesla sells off after Elon Musk scraps his 2025 sales growth target and warns ‘we could have a few rough quarters’ https://www.msn.com/en-us/money/companies/tesla-sells-off-after-elon-musk-scraps-his-2025-sales-growth-target-and-warns-we-could-have-a-few-rough-quarters/ar-AA1JdpIz?ocid=entnewsntp&pc=U531&cvid=d331e0328e49485580c520f6ba0b07bb&ei=21 |