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Tesla stock drops on Q4 earnings miss, EV maker warns production growth rate will be 'notably lower' than 2023 (finance.yahoo.com)

submitted 9 months ago by [email protected] to c/[email protected]

48 comments fedilink hide all child comments

I'm enjoying this. Also Musk went out and said that he wants barriers on trade or else the Chinese companies will dominate the market.

I thought Musk would be happy, because he truly wants to save the planet doesn't he? It shouldn't matter if he or someone else makes the best electric cars then?

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[–] [email protected] 18 points 9 months ago (1 children)

The cheap chinese EVs are only really cheap because of the heavy subsidies provided by the Chinese governments. And they're mostly really targeting developing nations where a cheap car really matters. The US is already flooded with cars, and money so it's going to be a lot harder to break into that market. Plus both the people and the government have their biases against the Chinese to boot.

[–] [email protected] 9 points 9 months ago

and they are designed to last 5 years and are rusting so bad that Russians are regretting them.