Reply to Is $TSLA a buy here?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This piece by noted left wing woke publication Forbes says Tesla is in for a “world of hurt”.

They note the brand is toxic in California and Europe but mostly point to the 30% sales decline in China, which was the market most responsible for Tesla’s profitability.

Now BYD is eating Tesla’s lunch on both price and technology.

https://www.youtube.com/watch?v=_SKaBwmHq9Y[/quote]
Who would buy a Tesla in China when you can get a perfectly acceptable electric car for half the price?[/quote]

Not even acceptable but superior. As someone who has been in (but granted never driven) several BYD cars, they are much nicer on the inside than any Tesla car. If you want something even nicer/more fun, the Xiaomi car looks amazing and again, superior to the model s at a lower price. [b]Buying Tesla in China simply makes no sense. [/b][/quote]

to you or your investment account only. car buying never 'makes sense' beyond certain price point especially when buying new, or when tesla offers 3-yr 0% APR.[/quote]

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