Tesla demand in focus after Trump policies lead GM, Ford to retreat from EV ambitions

Oh no! Anyways. What's everyone having for lunch? I'm having tacos from a local tacqueria food truck. Yummmm

I'm sure they'll just sell their remaining inventory to xAI lol. They could use another 10K Cybertrucks, right?

Farro with roasted tomatoes and pesto

So let me get this straight. XAi is trying to raise Capital. A SPV/SPV fund is started up. NVIDIA puts in a few billion in it. XAI turns around and buys Cybertrucks. WTH. lol.

Tesla is back to being a car company? Oops, no Elon investigations!

What kind of tacos? Any sauces?

Nope. Straight up food truck tacos and I have to say, they're amazing!! (They're in front of the Home Depot, every day!)

Elon has been doing this since Day One. He used Tesla to bail out his bro from the Solar Biz - which then failed under Tesla (they never had even 1% of the US Market). To me that is a fraud/crime against your shareholders. When people invest in stocks they don't assume that companies will bail out their bro....or anything close to that.

Yeah. Didn’t he just raise 10 billion in debt and equity at the end of September. And turns around and buys a bunch of Cybertrucks.

I have a Dominic’s of NY in front of my Lowe’s and I always stop and get a dog. Smells SO GOOD. It also tastes good lol.

Well that will leave the American market to Tesla and maybe kill the EV in America, because Tesla is supposed to be a bs company now so they don't do anything better in their car division.

El roach coach.

Slate is supposed to be out next year, and there are still foreign brands. The American brands have been dying a slow death for a long time.

People don't remember... but Elmo said you can daisy-chain Teslas together to make a supercomputer - like Dojo! Hey, I wonder how Dojo is progressing...? Oh, nvm! Anyways, I'm sure they are going to park all the Cybertrucks next to the stinky diesel-powered data center in Memphis for extra "compute!" Singularity, here we come!

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once elon finds the magic runes, it will be possible. seemingly improbable. technologically unstoppable. SINGULARITY [https://www.youtube.com/watch?v=W3nQvaP0BXg](https://www.youtube.com/watch?v=W3nQvaP0BXg) PROSPERITY FOR HUMANITY IDEALLY...

Real question: As long as Wall Street is willing to value TSLA at 250x earnings…and as long as Elon keeps getting BILLIONS in stock options, what’s to stop him from buying exponentially more Tesla’s each year and chucking them in the ocean? He will keep aggregating wealth. And if that’s the case…why does Tesla need to even make the cars and waste the COGS. Why not just transfer the net margin to TSLA and claim it was a sale? My guess is there is massive accounting fraud going on at TSLA a la WorldCom and Enron.

No more carbon credits either. q4 should be awesome

Yeah. But it’s just crazy he’s just allowed to purchase tons of shares to pump the price. WHILE waiting for shareholders to vote to approve his potential 1 trillion dollar compensation package. But of course, he pretty much gutted the SEC while running DOGE.

He didn't "bail out his bro" from the Solar biz. Elon Musk was the largest shareholder of Solar City and chair of the board when Tesla bought it. His cousins co-founded it. Kimbal was a member of Solar City's board. When Solar City started to struggle financially, they did a bond sale where the Musk family bought up a chunk and SpaceX... Musk's heavily government subsidized rocket company... bought up about $255 million in bonds. Or in other words, US taxpayers paid to subsidize SpaceX who then used a large chunk of our money to bailout Solar City. Let's not forget that Andrew Cuomo agreed to a New York state subsidy for Solar City where the state essentially paid to build and equip an entire factory for Solar City, and then allowed them to operate there basically for free, so long as Solar City hired an agreed upon number of workers. They of course did not hire that number... That didn't stop Solar City from becoming insolvent because the business model and management sucked. When Solar City was on the brink of bankruptcy, Elon Musk convinced the Tesla board, which included his brother, and as we now know a bunch of hand picked Elon yes men and women.... to buy Solar City at an excessive valuation in an all shares sale, which netted him and his family an enormous chunk of Tesla shares and also bailed out SpaceX. Had Solar City gone bankrupt, SpaceX and a huge chunk of the Musk family wealth would have gone down with it. Instead, with Tesla overpaying for Solar City, it netted the Musk family an enormous amount of wealth. And if we think the government hasn't played a role in any of this, consider that SpaceX is a US government darling, a company being used to privatize the space program, that would be used to launch all US government satellites, and a company that would play a role in creating a major US owned global internet ISP that could potentially monopolize internet access in confrontational countries where the US government would have the power to shut down internet to those regions when they deemed fit, or simply spy on those regions. So yeah... this isn't only the Musk family doing all of this... the US government has almost certainly been involved and there holding the Musk family's hand the entire way, ensuring they'd be a success. And no doubt many government officials have been heavily investing in this venture. Looking at Musk's main companies: Boring Company... heavily subsidized Solar City... heavily subsidized SpaceX... heavily subsidized Tesla... heavily subsidized And rather than improving the nation and the world... his conglomerate has primarily been used to make rich people richer. Nothing more than crony capitalism by the corrupted establishment government.

We need to legislate having a named, responsible American listed for every company, something like a co-signer. If they are so confident in their company they are leading it, they'll have no problem defending it publicly when shit goes down.

That’s like buying 20 smart fridges for your house to combine them into 1 desktop computer.

Don't question the Genius! He just needs all the money and then we can live in his robo-utopia.

Yeah, you just gotta believe! You get it.

Here's the thing, based on my experience. The gas-powered vehicle model is not sustainable in the long run. Alternative fuel systems are likely to prevail and prove sustainable. Until an alternative to fuel and battery systems is invested in and fully perfected, battery-powered vehicles will become the norm. The car market isn’t limited to the US. The Chinese market, the South American market, the EU bloc market, and the Indian markets are all significant financial resources. By retreating, Ford and GM risk losing even more market share. My seven and nine-year-old kids make fun of my Subaru. While I understand the current US market and political inclination, I don’t understand the rationale behind retreating from the global car market. I am thankfully enough to work in a field that allows me to travel to Brazil, South Korea, and China on a regular basis. One of the most disheartening things I have noticed since 2021 is that BYD is slowly dominating the Brazilian car market by selling both BEV and plug-in hybrids at the expense of CHEVY. Many taxis, rideshare, and utility vehicles were once Chevy cars. Now, the CHEVY brand is becoming an extinct creature in Brazil. This market offers glimpses into trends elsewhere.  BYD is dominating the BEV market in Asia, and soon it will be in the EU. Do the folks at GM and Ford think they can be global players by focusing only on the US market? A very confounding decision. I get the US policy direction changes too frequently to plan for a long term; but rather than inventing and investing in R&D, the US corps are more happy to play politics. I wonder how long this will last.

Musk: you don’t sell evs on MY turf! Grr