Removing the EV mandates are macro beneficial for Tesla as incumbent OEMs will make even fewer EVs. I wonder about the Tax credits, the free cash Tesla has been harvesting, do they go away as well?
The Captain
2 Likes
I believe your headline should be
A Giant Step for Chinese Manufacturers
Or perhaps
US Auto Workers about to lose 250,000 jobs
Or maybe
Tariffs Raise Consumer Prices, so it’s NOT really the Free Market at all
You’re welcome.
5 Likes
Beliefs are just beliefs. If your beliefs are what free markets do, that’s fine with me.
Ban robots, automation, and assembly lines, all products of free markets. Go back to manual labor. There are so many labor destroying inventions, railroads, aviation, washing machines, Google. All products of the labor hating 
The Captain
3 Likes
And to the north…
Canada has mandated that 20 per cent of all new vehicles sold must be electric by 2026 and 100 per cent by 2035.
The industry pushback isn’t new as automakers have been raising concerns since the targets were announced in 2022 that they can’t be achieved unless affordability and infrastructure concerns are first addressed.
DB2
1 Like
I, as well, would like a free market (without tariffs, of course, too). I noticed that the BYD Han is priced $25-33K. This thing looks good!
It is, though, made by the evil Chinese…
Pete
1 Like
If the call is for a free market, and anyone is against subsidies, then how can tariff’s meet your goals? It would seem the cry against subsidies should be just as loud against tariff’s. If the goal was truly free markets.
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Maybe. But then, we do have that “salute” that was given yesterday by their man-child CEO. I have a feeling that is going to put even more downward pressure on his sales.
It’s all about the “show”. Cultivate a victim mentality, then tell the “victims” they will be living in a land of milk and honey, because foreigners will be paying for everything. Notice the narrative about Panama is partly how the US is being victimized by Panama, which has the effrontery to charge US bound ships tolls.
Steve
3 Likes
I am not convinced that it will be. Tesla probably benefited the most from the new domestic mandates.
Seems the market (at least today) also disagrees.
Tesla (TSLA) stock sank more than 3% early Tuesday, reversing premarket gains on the first trading day since the inauguration of Donald Trump…
Meanwhile General Motors (GM) and Ford (F) stocks were up.
1 Like
I have deep concerns with Tesla. Musk has put himself right in the middle of a storm. He thought they were worshipping him when they actually were not. When they started calling him a south AFRICAN he realized it and then the name calling began. When he called them racist it really blew up. While Vivek is a nice peace offering I am not so sure it will be enough. Especially after everything Musk said and did. Especially when he could go back on X and do it all over again. Especially when Musk takes Ketamine and who knows what else. If you are not on X you need to be just to watch the show.
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Thanks but no thanks. I get enough negativity fed to me from other sources of media without intentionally seeking out stuff to increase my blood pressure.
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I get that but if you are invested in Tesla it’s good to see the CEO and what he is up to. He has alienated almost everyone which can’t be good for business.
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Only through indexes. I only buy directly it when I think it is has been oversold. I think just the opposite currently.
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I (and my Silicon Valley brother who actually knows him) have long held a restrained admiration for Musk’s genius, depth of vision, and weirdly contagious disciplined drive. However, neither of us would ever have agreed to work for him.
Even years ago, my brother told me that underneath it all he is “deeply nuts.”
Batten down all the hatches.
d fb
2 Likes
man-child CEO?
The world does not end at the Rio Grande.
Time will tell.
Trying to attribute something to every market move is a waste of time. Volatility is like a drunk walking in the dark. Charting does help. For what it’s worth, traders mostly like six month charts.
The Captain
1 Like
Now, bjurasz, how hard did you try to not post a political item?
DB2
1 Like
This whole string is a political item.