Tesla stock drops 29% in first quarter as global dominance wanes
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Re: Tesla stock drops 29% in first quarter as global dominance wanes
#2[deleted]
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#3The title is from CNBC's home page -- which is also the title in the title tag of the web page (and visible in tabs).
Further down the page, CNBC has a less specific title -- that "Tesla's awful quarter has Wall Street on edge ahead of delivery numbers"
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#4> Xiaomi CEO Lei Jun said the standard version of the SU7 will sell for the equivalent of $30,408 in China, a price he acknowledged would mean the company is losing money on each sale
Isn't dumping banned by the WTO?
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#5It’s fairly easy to point at things that have annoyed customers that they call features, like missing wheel stalks and poor autowipers
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#6I wonder if Bill Gates is still shorting TSLA [1].
[1] https://www.businessinsider.com/elon-musk-bill-gates-super-m...
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#7> Xiaomi CEO Lei Jun said the standard version of the SU7 will sell for the equivalent of $30,408 in China, a price he acknowledged would mean the company is losing money on each sale Isn't dumping banned by the WTO?
Many US companies are also losing money on EV sales. I think dumping is more specific than just losing money you have to be selling in foreign markets for lower prices than you charge locally.
“Ford is losing money on each EV it sells” https://www.npr.org/2023/08/11/1193083777/ford-electric-vehi...
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#8It’s fairly easy to point at things that have annoyed customers that they call features, like missing wheel stalks and poor autowipers
The autowipers are so bad on my 3 lol. I have to manually toggle them.
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#9I still have never understood the valuations. Sure, they'd make sense if Tesla ended up being the only game in town, forever. But even though they undoubtedly have been streets ahead in many places for a long time and Western manufacturers have been caught on the back foot, the Asian players are snapping at their heels, and (some of) the Western brands are slowly waking up. And even if they weren't, I don't see how Tesla would have been able to dig a moat wide enough to last so long that a trillion dollar valuation could be realised before they become just another EV brand in the pack.
Re: Tesla stock drops 29% in first quarter as global dominance wanes
#10> Xiaomi CEO Lei Jun said the standard version of the SU7 will sell for the equivalent of $30,408 in China, a price he acknowledged would mean the company is losing money on each sale Isn't dumping banned by the WTO?
A Chinese company losing money on sales in China isn’t dumping and has nothing to do with the WTO.