RobDickinson
Active Member
CEOs of Rivian and Lucid also selling hard
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I don't understand the disagrees. The EU forced apple to convert to USB-C. If something that trivial happens how can you think something as critical as EVs won't be impacted the same way?Tesla would have been forced to open up the network at some point anyway.
It's an actual thing now because we now know Elon may make an offer to buy a company on a whim without thinking jt through. It isn't all 4D chess. Elon said on the Ron Baron interview that he tried to get out of buying Twitter but couldn't.This is going to end up as a running joke like "two weeks".
Well with Lucid they are selling, raising about 1.5BCEOs of Rivian and Lucid also selling hard
As you know Reuters has printed misleading information in the past, as with this. It's only "inventory" because of where it's shown on the balance sheet. They had on a prior article that discussed Tesla "inventory" and stated that it included "unsold cars" without saying they were probably lease returns and didn't include newly manufactured vehicles.Does anyone know how credible China Merchants Bank International is? Normally we get Shanghai production data from the Chinese Passenger Car Association.
I'm also skeptical because this 88k production number was exclusively reported by Reuters along with very misleading commentary about inventory buildup possibly indicating demand weakness, with zero mention of the explanation provided multiple times by Tesla that it happened because they started unwinding the wave and ran out of transportation capacity to ship ever-larger batches of cars.
Elon is live on Twitter spaces right now talking about Twitter and advertising, fyi.
For 8$ ?
Do you have a (simple) map of the paths traveled and what they might be carrying? This is best served visually me thinks!
But:
Al these items weigh heavily on Tesla. If they resolve, the SP will be under less pressure. But these factors will also affect the entire stock market.
- The Fed is still tightening the money supply.
- Interest rates on consumer loans (cars) are going up.
- Consumers are delaying purchasing big ticket items like cars and houses.
- The US midterm elections resolved nothing.
- The war in Ukraine continues.
I'm also skeptical because this 88k production number was exclusively reported by Reuters along with very misleading commentary about inventory buildup
I think 88k production is probably accurate and I had been expecting 85-90k.Yes, REUTERS is clearly trying to front-run the CPCA production numbers (hoping most investors don't know the difference, or the source). But 'Freedom of the Press', rite?