Fuck Elon Musk, Fuck Tesla, but Fuck the Wall-Street need for continuous unending growth more
Continuous unending growth will work bro. Please trust me! Expecting infinite growth within a system with finite resources definitely makes sense and is totally sustainable.
This is how Wall Street thinks the economy works.
she cute
the unfortunate thing is they’ll push a company for growth and after a certain point the company starts to destroy itself from within to continue growing. They’ll sell their shares at that point, run the company into the ground, support a new startup that will grow. rinse and repeat. voilà! infinite growth.
I don’t think we need unending growth, but Tesla stock price reflected expected growth. Which this rating basically denies. In other words “TSLA is overvalued”
Yeah. If anything, Wall Street and the stock market in general are just social impressions of companies. Facebook went from 150 to 80 to 500 in a year with no real changes other than firing a bunch of people (and rehiring a lot of them back or otherwise backfilling those slots).
I can’t speak for other countries, but here in Brazil we suddenly got a massive influx of Chinese electric car brands. The feeling I get is that I went to sleep in a country where you couldn’t even find an electric charger and woke up in one where I could do a road trip with an electric car with zero issues.
Vehicles are extremely expensive here, but a Tesla would be out of this world expensive even if we just directly converted USD to BRL, which is not anywhere close to the actual final price. The Chinese cars are affordable by comparison, they do not lock you into weird proprietary non-standards, they have easy to purchase spare parts and do not require some weird dance to get a repair technician when you need one… I can say Tesla would have zero success here at this point. Completely different context, but I can see why they’re no longer growing in the US given how there are other mature electric cars brands out there - missing the pretentious tech bro appeal, of course.
I see a lot of BYD cars here in Australia as well (along with some other brands). And I guess even if you buy a Tesla here, your car will be made in China no matter what.
You can’t really get any of those Chinese car brands in the USA. Best you can usually do is import one directly yourself and by then the price doesn’t make sense. I assume that GM and Ford have something to do with it.
BYD is reportedly going to build a Mexico factory to enter into the US. More power to them, a cheap EV maker would move things along very quickly in adoption.
I know what you’re thinking: “but muh china” which is a good counterpoint, and here’s my response.
Honestly my question would be for build quality, but if the Mexicans are building it that goeas away.
And any other issues I have with the cars are problems I have with all modern cars, and most of them can be solved with wire cutters and power tools. Also id probably at most get a used one, because fuck buying new.
Elon personally did this by being a toddler.
A car company with a tech startup multiple was always going to lead to tears.
I saw a growth entity with no growth once. It was a dead tree.
Hooray for Wells Fargo! The real heroes.
Never thought I’d read that but here we are
Oooooooo…
Citadel in dire straits
Are there apes on Lemmy?
.desolc reven strohS
You know shits bad at Tesla when Tesla, a company that has never needed advertising… has been dumping shitloads of money into youtube ads to tell us how awesome they are. I swear I get one every other adbreak.
and I’m just laughing my ass off and hitting skip ad every time. (its on my xbox, before people scream ublock origin :p)
The sad thing is, I don’t even need to imagine what he looks like when he’s mad xitting at something like this. I just know, like its cognition.
And its not even like that scene from Big Trouble in Little China, which just shows I am forced to think about this sonofaremoved on the regular.
Thunderf00t predicted bankruptcy… Here we go.
Who?
Yes, but his anti-Musk content is spot on so far.
Sure. He gets things right on other topics all the time. But he has lost, at least for me, a reason to be given attention.
A broken clock is right at least 2x daily.
How? The only people filing bankruptcy or discontinuing EVs are competitors. If anything, Tesla’s the only one doing it successfully.
My weiner can relate
