Tesla demand is nosediving in EV-friendly Europe amid Elon Musk's endorsement of the far right
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The market can stay irrational longer than you can stay solvent...or sth like that.
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When it comes to EVs, the US is on the wrong side of history. Tesla may be there, but the US main export is oil and has been for at least 15 years.
Tesla is valuable because they're looking to put taxi drivers out of a job forever.
China on the other hand has hardly any oil. Same with most of Europe. On this issue at least, we should be allies.
Between them the US, Russia and Saudi Arabia will still boil the Earth, but at least we won't be fuelling their war machines while they do.
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Fashmobile
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You couldn’t pay me to drive one
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Boycotts by individuals are legal.
What he was complaining about before was that competing companies were colluding to limit demand for a supplier's product. That might run into antitrust law. But antitrust law doesn't govern the buying decisions of individuals.
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The door handles were supposed to be more aerodynamic, but other manufacturers have solved the issue more elegantly.
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The Rivian R3X can't come soon enough.
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Strap him to the heatsheild on the next starship flight.
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Musk’s clown car of leadership finally careens into reality. When your CEO’s political acumen involves cosplaying as a far-right edgelord, even Europe’s EV adopters—historically tolerant of overpriced gadgets—start side-eyeing the brand. Tesla’s not a car company anymore; it’s a vanity project for a man who thinks “free speech” means platforming Nazis.
Meanwhile, European automakers are quietly eating Tesla’s lunch with actual innovation, not just empty hype. Musk’s fanbase? A shrinking cult of tech bros and crypto gamblers. The rest of us? We’ve moved on to cars that don’t come with a side of embarrassing billionaire tantrums.
Democracy’s broken? Sure. But watching Musk torch his own empire? Chef’s kiss.
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Judging on the fact that it jumped up after election day, investors are expecting corporate nepotism to boost profits.
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"In the short term, the market is a voting machine, but in the long term, it is a weighing machine" - Benjamin Graham ("father" of value investing and mentor to Warren Buffett)
Meaning that in the short term, stock prices can be swayed from a company's true value by investors' emotions and opinions.
But eventually the stock price will align with the company's actual profitability and growth potential.
And you're right that these are crazy times, and the "short term" irrationality can last a lot longer than past experiences.
Historically, we've used examples like the 17th century tulip mania, or the dot com boom, but it won't surprise me if Tesla becomes the poster child for this quote in the future.
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Traditional door handles actually reduce smug flow by 60% - the Tesla door handles produce a much more smugrodynamic profile.
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The Blackrocks and hedge funds of the world prop up whatever corp it wants to succeed and buries whatever it wants to short into bankruptcy. They set the price of their shares to benefit capital owners. Retail has practically no power. It's a fugazi, just another means of control. A big club that we're not in.
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What's the difference between someone cosplaying as a far-right edgelord and an actual far-right edgelord?
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The difference? One is a poser draped in the aesthetics of reactionary outrage to court attention and controversy, while the other is fully marinated in the ideology, living and breathing it. The former plays dress-up for clout; the latter believes the costume is their skin.
But let’s not split hairs—both are toxic. Whether it’s cosplay or conviction, the result is the same: amplifying regressive garbage under the guise of “provocation.” One just happens to be better at monetizing it.
