(no title)
protastus | 27 days ago
Tesla is clearly benefiting from protectionism and its sales would collapse if BYD were allowed to openly sell in the US. Most people just want affordable, maintainable and reliable cars.
protastus | 27 days ago
Tesla is clearly benefiting from protectionism and its sales would collapse if BYD were allowed to openly sell in the US. Most people just want affordable, maintainable and reliable cars.
cortesoft|27 days ago
He absolutely could do it, just like he did when Tesla bought SolarCity. It just isn’t as easy when one of the companies is public than when both are private.
iceboundrock|27 days ago
rafaelmn|27 days ago
So would most of EU car makers in Europe. China is not playing by the same rules and everyone with car manufacturing domestically is slamming them with tariffs.
mort96|27 days ago
moeadham|27 days ago
amarant|27 days ago
[deleted]
clhodapp|27 days ago
As long as the consequences of his actions continue to increase the paper value for investors, regulations don't really have teeth because there aren't damages. So the snowball gets bigger and the process repeats.
beambot|27 days ago
Bill Ackman has proposed taking SpaceX public by merging it with his Pershing Square SPARC Holdings, distributing 0.5 Special Purpose Acquisition Rights (SPARs) to Tesla shareholders for each share held. Each SPAR would be exercisable for two shares of SpaceX, aimed at enabling a 100% common stock capitalization without traditional underwriting fees or dilutive warrants.
With SpaceX IPO set to be one of the biggest of all time, this could have a pretty gnarly financial engineering impact on both companies -- especially if the short interest (direct or through derivatives) remains large.
jedberg|27 days ago
Going public would add a lot of hassle for little to no gain (and probably a negative of having to reveal their finances).
rhetocj23|27 days ago
[deleted]
SilverSlash|27 days ago
Personally I have a hard time believing this. But even if you had similarly priced Chinese options, I would guess the main reason for buying a Tesla is not just because you want an EV. While a Tesla will be a reliable baseline EV, surely the reason you (or at least I) would buy one is for the supervised self-driving feature.
danny_codes|26 days ago
w4der|27 days ago
bdamm|27 days ago
vonneumannstan|27 days ago
DoesntMatter22|27 days ago
elAhmo|26 days ago
estearum|27 days ago
jaco6|27 days ago
[deleted]
xeromal|27 days ago
dmix|27 days ago
Tesla Shanghai opened in 2019
BYD made their first hybrid in 2008 and they were a battery company since the 90s