Tesla Sales Down in EU 14% Year-to-Date

[dividends20]

@jerryab2

Most of those engineers/science majors are going to be doing grunt-work, not original research. The Chinese educational system is “learn to pass the rote test”. In the US, it is “teach the fundamentals and the student is to figure out how they apply”. That is why the really smart/breakthrough students want to come to the US for their education. The education system in their country is not set up to handle that type of student–and they know it

China’s GDP is going to be 2x - 3x that of US by 2050. They will be likely be better that US in most categories and will close the gap in GDP per capita.

In China, automobile sales are already 2x - 3x that of US and most of them are EVs. China’s electricity generation is 2x (8500TWH vs 4200TWH) .

Tesla is the only non-chinese automobile company that is succeeding in China.

[tjscott0]

Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs

Manufacturers such as BYD Co. and SAIC Motor Corp.’s MG accounted for 7.4% of EV registrations across Europe in November, down from 8.2% in October, according to automotive researcher Dataforce. That’s the lowest level since March.

Perhaps some of the decline is due to EV sales slump in EU.

[steve203]

@tjscott0

Perhaps some of the decline is due to EV sales slump in EU.

As I read that snip, it appears BYD and SAIC lost share of EV sales.

Steve

[Goofyhoofy]

@jerryab2

Most of those engineers/science majors are going to be doing grunt-work, not original research. The Chinese educational system is “learn to pass the rote test”. In the US, it is “teach the fundamentals and the student is to figure out how they apply”. That is why the really smart/breakthrough students want to come to the US for their education. The education system in their country is not set up to handle that type of student–and they know it.

I’m just gonna say that I don’t think the Chinese are copying us here, otherwise their next generation fighter would be hundreds of millions of dollars over budget, not flying, and not on hold until the next administration comes to power.

It comes amid uncertainty about the future of the United States’ own sixth-generation fighter initiative — known as the Next-Generation Air Dominance (NGAD) Program. Projected costs for each of the future U.S. aircraft are estimated to reach hundreds of millions of dollars, and the Air Force in November decided to defer key decisions about the project’s direction to the incoming Trump administration.

https://www.washingtonpost.com/national-security/2024/12/27/china-sixth-generation-fighter-jet-flight/

[steve203]

@Goofyhoofy

I’m just gonna say that I don’t think the Chinese are copying us here, otherwise their next generation fighter would be hundreds of millions of dollars over budget, not flying, and not on hold until the next administration comes to power.

iirc, in China, corrupt officials tend to be executed, rather than given a pass, because they are big shots.

China executes former Communist Party official in £324m corruption case

You hear TFG advocating execution for rapists and drug dealers. Has he ever proposed executing “JCs”?

Steve

[tjscott0]

Elon-the gift that keeps on giving.

Elon Musk backs far-right AfD in German op-ed – DW – 12/28/2024

Tech billionaire Elon Musk on Saturday restated his backing for Germany’s far-right Alternative for Germany (AfD), calling the party the “last spark of hope” for the country, in an op-ed published by the Welt am Sonntag newspaper.

The future editor-in-chief of the Welt group, Jan Philipp Burgard, contradicted the billionaire’s statements in his own op-ed, posted next to Musk’s.

Other Welt journalists also posted their disapproval publicly on X.

Musk’s backing of the AfD has sent shockwaves through Berlin, with some lawmakers this week accusing the SpaceX chief of interfering in German politics.

I believe it is time to open a USgate investigation by the FBI. LOL

[jerryab2]

@steve203

TFG advocating execution for rapists and drug dealers.

He is high on all those lists. Remember: Those gallows are still in DC…