makesense
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Even this was a little spun. "Slowing demand for electric vehicles". No, silly CNN reporter. Slowing demand for ELON products.
Jan 2, 2025 3:36 PM
makesense
904
28
1
Even this was a little spun. "Slowing demand for electric vehicles". No, silly CNN reporter. Slowing demand for ELON products.
Kittensandyarns
PinkEater
Google: 2023
Tesla earned $1.79 billion from carbon credit sales in 2023, which was a record high. This brings the company's total earnings from carbon credits since 2009 to almost $9 billion
SpaceHaggis
Im guessing its people watching their spending, buying second hand instead.
Or buying gas powered as usual as most of the folks who want electric cars already have one and as such demand drops.
swedeonamoose
Chinese EV's, cheaper, better quality and the Chinese are flooding the markets like crazy with em
dynamojoe
All markets but the US thanks to tariffs. More protectionism on the way, too.
tachyx
The stock would have to lose 75% of its value just to get where it should have been years ago.
makesense
That can go away pretty fast if this happens over multiple, consecutive quarters.
taez555
I'm surprised Tesla isn't selling better among Trump supporters. If there's anything they love more than their guns and chick-fil-a, it's electric powered vehicles.
the1truemorty
Most of them are poor. No way they can afford any Tesla.
Hercules99
They can't afford one
makesense
Was going to be my response.
glovelyday
The fact that driving a new Tesla now marks you as a fascist sympathizer might have had something to do with the drop.
dwolvin
Yuuup- I have a 7 year old model 3, and have been called a Trump lover a few times in the last month. (Not GOP/MAGA at all).
glovelyday
"I bought it before I knew he was an asshole!"
Thesaya
For once, getting a bumper sticker might help! ;)