this post was submitted on 07 Feb 2025
321 points (97.6% liked)
Not The Onion
13335 readers
2096 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Look at what's happening to Tesla sales in Europe.
Outside the States, yes it very much is.
Sales don't matter to him, stock price does, and its going up.
What do you think drives the stock price?
Tesla is valued more than every other car company combined, but they sell a fraction of vehicles. You tell me what drives the stock price, it's sure as shit not sales.
No they're not, Tesla has a market cap of 1.13 trillion, and don't just make vehicles, BYD alone is worth 776 billion. Toyota is around 250 billion.
They're big, but not "half the automotive industry" big.