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To: E. Pluribus Unum

Forget the politics for a minute. Consider the fact that the strategic managers of Soros’ hedge fund recognize that EVs in general and Tesla in particular are overhyped. They are still not selling easily to the general market who prefer for many reasons ICE vehicles. GM, Ford and VW cannot sell enough vehicles to make any profit on its huge EV capital investment. Tesla depends on a niche market for its sales. They and Tesla are cutting prices and still can’t move what they produced. Tesla is also overextended and bogged in China. Without access to loans based on its stock value, Tesla would collapse.

The hiring of this WEF cog Yaccarino at Twitter says volumes regarding Musk’s financial difficulties. If Tesla stock declines due to economic realities, he will not be well.


27 posted on 05/14/2023 9:04:15 PM PDT by allendale
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To: allendale

Tesla makes money (a large margin) per vehicle. They are doing just fine. The competition loses money for every vehicle they sell.


28 posted on 05/14/2023 9:10:31 PM PDT by StolarStorm
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