7 ms·
$20b capital write down means that consumers paid that much more for all vehicles to subsidize redundant and insolvent EV product lines . Tesla is the only com
by tonymet 11mo ago
$20b capital write down means that consumers paid that much more for all vehicles to subsidize redundant and insolvent EV product lines .
Tesla is the only company making money off of these products .
People keep complaining about the AI bubble but we sustained an EV bubble for 15 years without it popping .
- missedthecue 11mo agoHow did they lose $20B on this? Gigafactory was $10B.
- iknowstuff 11mo agoEVs are >30% of the global car market and rapidly rising. There is no bubble. America is a bubble of lagging OEMs.
- tonymet 11mo agothat seems off
- iknowstuff 11mo ago>50% in China
- tonymet 11mo agolol
- iknowstuff 10mo ago98% in Norway