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Tesla stock drops on Q4 earnings miss, EV maker warns production growth rate will be 'notably lower' than 2023 (finance.yahoo.com)

submitted 10 months ago by 1984 to c/technology@lemmy.world

48 comments fedilink hide all child comments

I'm enjoying this. Also Musk went out and said that he wants barriers on trade or else the Chinese companies will dominate the market.

I thought Musk would be happy, because he truly wants to save the planet doesn't he? It shouldn't matter if he or someone else makes the best electric cars then?

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[–] fuckwit_mcbumcrumble@lemmy.world 18 points 10 months ago (1 children)

The cheap chinese EVs are only really cheap because of the heavy subsidies provided by the Chinese governments. And they're mostly really targeting developing nations where a cheap car really matters. The US is already flooded with cars, and money so it's going to be a lot harder to break into that market. Plus both the people and the government have their biases against the Chinese to boot.

[–] Num10ck@lemmy.world 9 points 10 months ago

and they are designed to last 5 years and are rusting so bad that Russians are regretting them.