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European courts could, Latin American as well, possibly Asian for the international markets, which would then be pressure on the American HQ and courts as the i
by drannex 2y ago
European courts could, Latin American as well, possibly Asian for the international markets, which would then be pressure on the American HQ and courts as the international market is, last I checked >50% of their sales. Likely less so now, since they are dropping so heavily in every market (including China, as of this morning, plunging by 49%^1 - China _made_ up ~25% of their sales).
^1 https://markets.businessinsider.com/news/stocks/tesla-stock-price-sell-off-china-ev-sales-europe-byd-2025-3?utm_source=chatgpt.com https://markets.businessinsider.com/news/stocks/tesla-stock-...
- JumpCrisscross 2y ago> European courts could, Latin American as well, possibly Asian for the international markets Musk is a de facto head of state (alongside Trump). All but the most independent courts would be under massive political pressure to yield to him. (At least so long as he’s in Trump’s good graces.)
- AlecSchueler 2y agoPolitical pressure from the US means less and less every day.
- JumpCrisscross 2y ago> Political pressure from the US means less and less every day Political promises mean less and less. But mistaking promises for pressure is deadly.
- AlecSchueler 2y agoWhat are they gonna do? Introduce tariffs? Annex land from the EU? The US is already a rogue state.
- ben_w 2y ago> What are they gonna do? Introduce tariffs? Annex land from the EU? The US is already a rogue state. Tariffs can rise arbitrarily, though beyond a certain point it's meaningless as all the trade is smuggled, nobody bothers any more with doing it legitimately. The Trump administration is currently making threatening noises about annexing land from the EU (and by extension a NATO ally). But it is currently noise, not action, so yes, they may escalate in that way also… or at least they may try to: I have no idea how anyone's military may react to this because the idea of such an act was unthinkable outside of weird dystopian fiction until about January this year.