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Tesla sales crash

Justin Passing said:
I heard the reason Tesla ( and all other EV sales are down in the US is basically about range, and the non proliferation of charging infrastructure which people expected would be sorted for them. Visiting the in-laws over there can mean a lot of miles. Trump of course is anti.

Share prices these days for companies like that have more to do with speculators than value. The Price to Earnings ratio is by traditional measures very high, but nowhere near the meaningless numbers other companies have.
Elon just tried to buy the OpenAI company for ($97Bn,), owned by another billionaire, (Sam Altman) who said no thanks. Trump may be involved there, I daresay he would rather have the best AI in a non-open, American ownership. The Deepseek issue focuses minds on that. It's only one step away from China using US tech against them.

Ha! JD Vance is on Bloomberg right now saying how the Mighty Murrican needs to be in control of the best stuff.
He's dangling access to that AI as a threat to EU countries who want to regulate the likes of Apple , Google and X . Oh who owns X, and X-AI?
Trump can't do that while Sam - who's a Bill Gates type geek, says, nah, it's ok,we can make money and keep it open source.
Click to expand...
Bit of a low bid, though. Funding valuations suggest it's worth around $150bn. In anycase OpenAI is not Open and there are plenty of emerging alternatives.
 
Vinty said:
Musk says he want to dig a tunnel from America to Europe.
He also wants to colonise Mars.
He is using the Boris Johnson technique of making nonsensical claims as clickbait to attract attention.
Why do people fall for this type of bullshit.
Click to expand...

Some don't: they just want to antagonise / troll others, by pretending they do.
Some really do fall for it, because they are not smart enough to see through it.
Some want so hard to believe in a quick fix for their own ills, and those of their country, they'll cling onto anything. No matter how outlandish.
 
Brigadier said:
Some want so hard to believe in a quick fix for their own ills, and those of their country, they'll cling onto anything. No matter how outlandish.
Click to expand...

Which is pretty much the current position of the British Government.
 
Brigadier said:
This lot aren't perfect, but the electorate saw that they are a fug-sight better than the competition (y)
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And if polls are to be believed, the current electorate are seeing that Reform are a fug lot better than both of them! :thumbsup:
 
Vinty said:
Musk says he want to dig a tunnel from America to Europe.
He also wants to colonise Mars.
He is using the Boris Johnson technique of making nonsensical claims as clickbait to attract attention.
Why do people fall for this type of bullshit.
Click to expand...
I imagine there were plenty of people like you around when someone first suggested building a tunnel under the English Channel, or for daring to want to land on the moon. They probably thought those ideas were BS.
 
poor old musk he must really be feeling the pinch his worth dropped today to under 400 billion for the first time in a couple of months christ know how he is going to survive on 395 billion
 
gas112 said:
poor old musk he must really be feeling the pinch his worth dropped today to under 400 billion for the first time in a couple of months christ know how he is going to survive on 395 billion
Click to expand...
American citizens are certainly feeling the pinch, Trump is making them poorer

That’s what happens when you put a morally corrupt liar in power
 
Europeans have a new dislike for Musk and his antics which is hitting sales. Germans are getting sensitive.
In Ireland apparently (no tariffs the guy said, though it's EU so I don't know...) BYDs are very popular. As are in the USA, their trucks..
The batteries have firework tendencies though.

Tesla shares are on what you call a Trend.. not in a good way:
1739310701656.png



There's a negative 3x, if you fancy it:
1739310944023.png
 
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