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Anyway, nobody forced the US to want to dominate Yurp. Apparently it was deemed beneficial to do so.
Tesla’s profits have plummeted to a five year low ...
The electric car company’s net income slumped by 71pc to $409m (£307m) in the three months to the end of March, marking its least profitable quarter since 2020.
Sales came in at $19.3bn, down 9pc and well below market estimates.
The company warned: “Uncertainty in the automotive and energy markets continues to increase as rapidly evolving trade policy adversely impacts the global supply chain and cost structure of Tesla and our peers.”
...
Tesla also admitted that “changing political sentiment” was damaging sales. Deliveries of its vehicles fell 13pc in the first three months of the year, Tesla reported earlier in April.
The company warned that the twin impact of tariffs and boycotts “could have a meaningful impact on demand for our products in the near-term.”
...
The results came hours after Scott Bessent, the US Treasury Secretary, said that America’s trade war with China was not sustainable...
The admission is a sign that officials are growing wary of the economic cost of Mr Trump’s aggressive trade war, which has prompted a sell-off of US stocks, debt and the dollar.
....
The car company’s stock is still down 40pc on record levels it achieved in December in the wake of Mr Trump’s White House victory.
The US can wait out China, which is facing the greatest demographic collapse since the Black Plague.
It really should be the law in the US that the primary mortgage payer keeps the house.
The US can wait out China, which is facing the greatest demographic collapse since the Black Plague.
As of yesterday Tesla have been renamed to Misla.
RWSGFY says
As of yesterday Tesla have been renamed to Misla.
Stock doing fine today
All caused by a minor facelift of one model in a lineup. 🤡
RWSGFY says
All caused by a minor facelift of one model in a lineup. 🤡
Uh no - it is because Tesla has cars that can drive all by themselves and no other US competitor is even remotely close to what Tesla has already achieved in useful autonomy
LA has gone to crap.
My house got robbed a couple weeks ago a few blocks from here. They took EVERYTHING. All family heirlooms, jewelry and the entire safe.
Totally organized crime, two cars with multiple guys waited until I left. It’s an epidemic. We’re #5 on the block alone to get hit.
Vote to import the 3rd world, get the 3rd world.
The answer is mass deportation of all illegal aliens asap.
”He’s finished, done, gone. He polls terribly. People hate him,” an anonymous GOP operative told Politico. “He’d go to Wisconsin thinking he can buy people’s votes, wear the cheese hat, act like a 9-year-old. ... It doesn’t work. It’s offensive to people.”
As a TSLA shareholder, I don't need Elon constantly tied to the hip to the Trump Administration and in the news everyday like we have seen the last 3 months.
As a TSLA shareholder, I don't need Elon constantly tied to the hip to the Trump Administration and in the news everyday like we have seen the last 3 months. Elon has major companies to run
He has no relevant expertise and failed to hire a competent help.
RWSGFY says
He has no relevant expertise and failed to hire a competent help.
And you think other government workers could do it? Honest question. They get the job for pension and benefits and have no clue what they're doing.
He could hire competent and experienced people from the private sector. Instead he hired 19 yo called Big Ballz and his little stoner friends. 🤡
Vote to import the 3rd world, get the 3rd world.
The answer is mass deportation of all illegal aliens asap.
All DOGE is doing is using smart programmer types (probably autistics too!) to dive deep into Government procurement systems to better understand where the TRILLIONS of our tax dollars are being spent.
socal2 says
All DOGE is doing is using smart programmer types (probably autistics too!) to dive deep into Government procurement systems to better understand where the TRILLIONS of our tax dollars are being spent.
The problem is they don't know anything outside their (naturally limited due to their age) programming experience, which, apparently, does not include knowledge of how data processing systems have been designed 10-20-30 years ago, not to mention how various government agencies work and what policies they have. Which lead to absolutely insane conclusions, like that "369 yo SS recipient" covfefe. They simply don't know how to interpret the results they get, so the UNDERSTANDING part is simply not there. And this is the most important part.
LOL, it's like showing a 1999 Crown Vic to a Tesla service apprentice and asking why the fuel economy is less than on the Monroney sticker. He might even plug in OBD-2 scanner and pull some numbers but good luck getting a useful answer.
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