Tesla’s stock drops as reported China price cuts signal continued economic concerns

Tesla to Halt Production in Germany as Red Sea Conflict Hits Supply Chains
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Thanks for the pin

China's economy is on the rocks. Their Real Estate sector is in severe decline. Unemployment among the under 30 years old group is officially over 20 %.

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UN in Geneva shut down til today due to lack of funds]]

There is a global liquidity issue

You not Elon.Open your mind:)Musk is little puppet of gloBaalists.

Of course he is-the fact he is hurting as a globalist is the point!! Next Blackrock-in my dreams anyway

Musk push projects of globalists and say that he against them.Same do putin.Billy say that he want kll mankind and not lie:)

Shwab say tha he love very much Black rock.And that similar corporetions will rule the world.Unbrella and zombies:)

OH no doubt-I had heard an interview once where someone who knew him as a child recounted his goal was to introduce the anti christ--so he owns twitter now-?? lol

Neurolink transhumanism-he is total control

Last Edited by Emeraldlight on 01/12/2024 10:11 AM

Right.Starlink of Musk not only for internet too.I sure that Musk have many evil secrets projects.Same like Billy.This globalists is evil scientists.Great evil force.

Price dropped because Elon said he was giving his employees a pay raise rather than paying extra dividends to shareholders.

DUH!!!!!

Chinese businesses get subsidies to replace profit if they prove they are competing against foreign manufacturers. The CCP will allow this company to take their prices down to zero if that's what it takes to rid the market of foreign competition in their marketplace (whereever their marketplace is).

Tesla will pull out of China at some point, or just give cars away there.

Once you go into China don't they own 51% of your company?

Last Edited by Emeraldlight on 01/12/2024 10:27 AM

Rush out and get that cybertruck before the first 100% recall and the cost of battery bank replacement exceeds your sticker price!

They will all be drafted into war

CCP owns all private companies that are within their 'economic zones' by even allowing them to exist. This is why Chinese companies can sell at a loss and still stay in business. If the companies demonstrate that they are taking foreign marketshare, they get subsidized if the goal is to crush the foreign competition.

It's sort of a silent tarrif if you want to look at it that way. The USA tarrifs are public, so we all can just look up tarrifs on foreign goods. Much of China's subsidizing is totally silent, so when chinese manufactures get subsidized to gut foreign competition (even within the USA market), we can't figure out how they can sell so low and stay in business.

Tesla will not win this fight, so they should back out of China and instead push to have Chinese EVs banned in the USA.

Good thing the Democrats have kept it afloat.

Dear gawd, just flap your arms around if you can't speak English.

So there's a 3% sale price

That's how a smart investor approaches a selloff.

If you are going to buy and hold for the long term, it really doesn't matter where you buy in...If it's a good company, it will be making money for years to come...But I do not like single stocks, they are volatile...

I can speak English.This is very good level.Shakespear:))

THIS

Yes. China's a mess...their annual GDP growth is only 5% now.

XI must be a nervous dude!

That's what a communist style government gets you...People want to build something of their own, and that is what motivates them...

Tesla drop 3%, so that takes them back to November 2023 all time high? Wow!

30% drop may be noteworthy.

As for China, they are starting a 10+ year world of pain, much like Japan, without a well ordered society. China are done.

Technology stocks, well most any single stock, is likely to swing 5% or more up or down on any given trading day, they are volatile more often than not...