this post was submitted on 07 Feb 2025
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Is it bad for business these days? Tesla still worth a shit tone of money and he fucking saluted on national television.
Look at what's happening to Tesla sales in Europe.
Outside the States, yes it very much is.
Sales don't matter to him, stock price does, and its going up.
What do you think drives the stock price?
Tesla is valued more than every other car company combined, but they sell a fraction of vehicles. You tell me what drives the stock price, it's sure as shit not sales.
No they're not, Tesla has a market cap of 1.13 trillion, and don't just make vehicles, BYD alone is worth 776 billion. Toyota is around 250 billion.
They're big, but not "half the automotive industry" big.
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