Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash
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Most shareholders are index funds that replicate the SP500 or other tech indices, they don't give a shit about beliefs and will sue if needed.
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Bill Gates at least made his money by himself, transferred most to a genuine charity, and pledged that 99% of his remaining wealth will follow suit once he dies; plus he convinced a good number of other billionaires to do the same.
Hating on Windows and whatever Microsoft has become over time is one thing, but Gates himself is not a bad person.
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A Nazi salute is a gesture tho
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Why would he learn from it, as far as I can tell it was intentional mismanagement.
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Hope you are right but I'm not holding my breath.
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Isn't he? He may have mellowed, but by all accounts he was an asshole while at Microsoft, he made his money leading them through a hugely monopolistic period (was subject to antitrust litigation on two continents), has faces sexual harrasment allegations and spent a lot of time with Epstein.
Certainly he seems to be a lot better than Musk, I'll give him credit for his charitable efforts, but even in that there's controversy around the undue influence it gives him in the various spheres the charity spends money, pushing private education over public and working to prevent the Oxford COVID vaccine IP rights being waived.
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You are welcome yanks. Now feel free to do your part.
I am joking, I would expect even Chinese Tesla customers to move first. -
How exactly? Raising tariffs to 50%?
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Piss off. Weve been doing this https://electrek.co/2025/02/03/teslas-sales-drop-double-digits-in-the-us-biggest-ev-market-while-others-are-growing/
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11.6% vs 45% when Americans are directly attacked by the guy and the matter is time-sensitive.
If you want I can tell instead suggest American Tesla customers to endure and/or take it easy. -
You're right. I'm just mad at my country for doing fuck all. Sorry.
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...and Tesla is massively overgeared w.r.t. stock price relative to earnings. Companies normally have a valuation which is 5-40x their earnings. (NVDA 40x, AAPL 35x, GM 7x, Stellantis 6.5x)
Tesla is currently 138x, and they're down nearly a third this month. They were 200x at their last earnings call I think.
Tesla is a hypestock that will crash when the AI bubble bursts and self-driving dies as a concept.
