They’ll end up selling it to a German automaker who isn’t anti union. Tesla sales in Europe are mostly over and unlikely to recover, for obvious reasons. Musk did the Germans a favor, built a whole factory for them to buy at distressed pricing.
1. Why Musk made such a hard-right turn politically, alienating most of his customers. People on the left were always far more likely to buy an EV than those on the right.
2. Why traders continue to buy Tesla stock even as sales nose-dive. Because of the promise of Robotaxis? Tesla's P/E is so high that the Tesla Robotaxi would have to sell more rides than Uber, Lyft, and traditional taxi services combined in order to get anywhere NEAR justifying it.
What really saddens me is the side effects of Tesla beginning to fail. EVs are so synonymous with "Tesla" that I would sometimes see people criticize EVs in general when they mean to criticize just Tesla. And with Tesla sales falling, some people are interpreting that to mean "Nobody wants to buy an EV" rather than "Nobody wants to buy a Tesla" and other car makes are slowing down or cancelling EV developments.
I'm bummed that Chevy has effectively cancelled the Corvette EV.
I've gone past it a few times on train (nearly said "driven" past, which at least shows my grasp of the German language is improving), and development there has very obviously stalled at the half-way point.
You may fare better with a well reasoned, thougtful comment as to why Germany should be rid of both Tesla and Ex-Twitter rather than a short opinion followed by faux-outrage at its reception.
Walmart learned 20 years ago, not everyone wants the American way of life. Guess, US hubris entails the inability to learn from such mistakes. Thanks for the factory.
Man the US is the last giant standing. If the capitalists lose there, its game over. Before the events of the last few years I thought that maybe ultimately they were going to run to Israel or China if they lost the US. Both places are on shaky ground so probably not. If the US falls to Democratic Socialism, we could have a European style system across the entire western world. I hope to see it in my life.
Maybe that will be the lasting impact of Millenials and Gen Z: being a transition generation that finally kills this "unchecked capitalism" virus for enough time for humans to enter the next era successfully.
China may be a giant but those demographic issues will catch up to them so its really just the US thats the issue.
toomuchtodo|1 month ago
Sohcahtoa82|1 month ago
I will never understand two things:
1. Why Musk made such a hard-right turn politically, alienating most of his customers. People on the left were always far more likely to buy an EV than those on the right.
2. Why traders continue to buy Tesla stock even as sales nose-dive. Because of the promise of Robotaxis? Tesla's P/E is so high that the Tesla Robotaxi would have to sell more rides than Uber, Lyft, and traditional taxi services combined in order to get anywhere NEAR justifying it.
What really saddens me is the side effects of Tesla beginning to fail. EVs are so synonymous with "Tesla" that I would sometimes see people criticize EVs in general when they mean to criticize just Tesla. And with Tesla sales falling, some people are interpreting that to mean "Nobody wants to buy an EV" rather than "Nobody wants to buy a Tesla" and other car makes are slowing down or cancelling EV developments.
I'm bummed that Chevy has effectively cancelled the Corvette EV.
testing22321|1 month ago
None of them can compete with BYD.
ben_w|1 month ago
I've gone past it a few times on train (nearly said "driven" past, which at least shows my grasp of the German language is improving), and development there has very obviously stalled at the half-way point.
johndoe0815|1 month ago
defrost|1 month ago
See: https://news.ycombinator.com/newsguidelines.html
nebula8804|1 month ago
johndoe0815|1 month ago
[deleted]
jijijijij|1 month ago
nebula8804|1 month ago
Maybe that will be the lasting impact of Millenials and Gen Z: being a transition generation that finally kills this "unchecked capitalism" virus for enough time for humans to enter the next era successfully.
China may be a giant but those demographic issues will catch up to them so its really just the US thats the issue.
unknown|1 month ago
[deleted]