Tesla’s sales fall 63% in France, Europe’s second biggest EV market
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My guess is that, with Musk basically in charge of the government now, investors are expecting huge returns from corruption.
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Just remember, don't eat the yellow snow.
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I also suspect that because so much manufacturing is in China, what we think of as the world's stock market is just a small fraction of anything. Does an index count if an index doesn't measure much?
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Yeah, the guy who apparently now controls the strings of the government could just click a button to have the government order 1 million Teslas.
Other than investing in the hopes of seeing returns from corruption, it doesn't really make any sense.
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Can't say I can blame them for not wanting to give their money to a Nazi.
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What ? They vote for Le Pen in droves. They love that nazi biatch.
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He's not worth the wasted filament...
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It’s round! Like a bridge!
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I work in tech in Germany. My coworkers and I are the ideal Tesla customers. Nobody I know would consider buying a Nazi car.
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French cars are banned in the USA, but we have Volvo, Pollstar, and German brands everywhere
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Why? Shareholders do not care about the health of the company so long as its stock price is high. And Teslas stock price is not based on any fundamental principle of investing.
Their market cap, or the total value of all their shares, is currently worth more than the next 30 largest auto manufacturers COMBINED.
Let me put it this way: Every single car sold in the United States this year could be made by Tesla and they still wouldn’t even be close to being worth what they are right now based on company fundamentals. Thats how insane this is. Shareholders of the company couldn’t be happier and yet their company is declining in sales and killing off its customer base. Absolutely insane.
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Looks like Elon Twittered Tesla.
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As far as I know, Renault sales is ramping up.
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I mean, have you seen the new R5? Sexy!