Tesla is done in Germany: 94% say they won't buy a Tesla car
Tesla is done in Germany: 94% say they won't buy a Tesla car
A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the...
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Europe dislike Teslas now, Asia, Africa and Latin America have BYDs, Canada and Australia are in a trade war with the US... idk why TSLA isn't tanking more
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We have BYD in Europe too. See them all the time.
Tesla already was somewhat ridiculed for trying to be above the law. In Germany they tried to circumvent environmental protections and here in Sweden the unions have been fighting them because they’re trying to circumvent our labour market. There’s been strikes for well over a year now.
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Yeah I’ve seen one or two byd’s around in London lately. Also anecdotally there are now a few byd hybrid London busses.
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Oh right. My hometown switched to BYD electric busses back in 2019. They've since been superseded by Mercedes electric buses though. The BYD ones were kind of rubbish, at least back then.
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Yeah that’s fair - in London there are still a lot of the horrible old Volvo diesel / electric hybrids that badly need replacing imo. Not sure how the byd ones held up, they were certainly nicer when new tho
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When completely new there were problems with the door firmware. I commuted via bus at the time and often got late because the bloody doors would crash. It got ironed out though, and the buses were really nice at that point. After a couple of years though, they'd start wailing like banshees, it was pretty horrible. I'm thinking that's why they replaced them, but I honestly don't know.
All that said, they were better than the diesel buses they replaced. Nicer, more spacious, less noisy.
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Retail investors and dumb spectators.
A lot of Telsa’s stock is governed by the same valuation and gambling logic that applies to crypto and meme stocks.
But that shit has limits.
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Investor hype on AI and androids?
A lot of it is institutional investors and funds that move very slowly. If it drops out of the s and p things will start getting fun.
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It's long been past any kind of real valuation. I think that's why it's basically impervious to bad news. Everyone's bought in too deep.
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ticking bomb then
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i mean it always looked overvalued to me
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It's always been immensely overvalued
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Not sure how much their non-automotive market is, but they do have other product lines, like solar, battery backup, etc.
Their battery systems run the gamut from Powerwalls for the home to huge utility-grade systems that power companies around the world purchase.
I have a neighbor that has solar panels & a powerwall. He showed me how over the summer excess power is sold back to the power utilities as part of a distributed virtual power plant that consists of over 1200 powerwall owners around the region.
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It’s such a shame melon husk is such a massive weenie, because they have or had some interesting products there. Oh well, I suppose you can buy whole home battery systems from other suppliers hey ho.
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They stay in the green by selling carbon credits.
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They earn carbon credits by selling cars, though. The collapse of the car selling revenue stream also threatens their credit selling revenue stream.
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Commercial in White House is not for nothing, MAGA loves TESLA now. I started to see more in the nearby town.
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The stock price has never been realistic..
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Australia isn’t in a trade war. There’s no chance Aus will tariff US imports. The country is an export nation, they can’t afford to respond.
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The same could have been said about Canada, and look what's happened over there. Nah, I'm more worried that the reasons we wouldn't hit the Americans back would be that Labor is a party of whining invertebrates and the Liberals would be more than happy for us to become the fifty-first state.
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