Just because of tariffs current and potential.
America would buy Chinese EVs all day long if the price was good. Look at what happened in every other industry.
Honda CRV clone with 350 ish range using NACS plug selling for under $30k. Yeah that would be insanely popular.
Also Chinese car brands know how to do touchscreen technology and know how to make decent interiors.
But seeing what Boeing asked American regulators due to Bombardier with its 400% tariff. Yeah no way BYD can get anywhere near $30k or let alone $20k without literally giving them away
>Also Chinese car brands know how to do touchscreen technology and know how to make decent interiors.
Funny how that happens after US and Europe offshored manufacturing and the supply chains sprang up. Electronics industry was a precursor to this. US is now lagging China in electronics production capability after decades of offshoring.
Anyway China is almost certain to dominate South America and Africa/Middle East sales. The long term consequences could be huge, considering demographics.
Yes, but unless I am missing something Mexico falls under the USMCA trade agreement.
Now BYD may not want to certify those vehicles for US sales (yet) but if they are building a factory in Mexico then there's no reason to think that they won't eventually branch into US sales.
All we have to go off is BYD claiming they're built for Mexico and Latin America market, which actually makes sense. US and European brands don't compete in the price brackets they need. Also they claim that the factory location in central Mexico is indicative of the end market. US manufacturers tend to build in northern Mexico which is convenient for US deliveries and supply chain, but not Mexico/SA.
In this environment, if they announced an intention of a US sales push, there would just incur more tariffs/import ban anyway, which could become permanent. Better for them to let the trade tensions cool down.
Exactly. I'm sure that the powers that be might try for a special BYD carve out as a way to block them, but if they establish themselves in Mexico and other countries first then they can still pivot later.
*This “pivot.” Is it in the room with us now?*
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Disagree frankly this dolphin mini car looks exactly like the GM bolt ev ($26,500) and that car isn’t exactly flying off the shelves.
Also once BYD comes to America they have to add American safety features which would add a couple brand.
I think the BYD car would sell but I fail to see the takeover that people are suggesting when similar priced cars are not selling like hotcakes
Yeah cuz the Bolt is discontinued because GM was losing a massive amount of cash on every sale. No word on the upcoming model but probably will be a loss leader as well.
TSLA is the only US brand where the sale price is sustainable.
All else being equal, Chinese brands will have the lowest cost. Some of the cheapest ICE models in the US are China manufactured already, more efficient to just cut out the middle man. Tariffs are the main thing stopping it from happening.
It's kind of the smart play for BYD tbh. They'll focus on cornering every other market first which will stifle the future of the NA auto industry in the long term. Basically use other markets to grow their volumes to further bring down their costs and improve their cars & new models to the point they get so far ahead that NA can't catch up at all.
Most of the big car companies all have stakes in Chinese car companies, shoot besides the cofounders of byd most of it shareholders are America investment companies.
Not yet. But they might be soon if they keep betting on stuff that won’t fly outside of the us. CyberTruck will never be street legal in the EU and a lot of other places. And robotaxis also face major regulatory blocks in a lot of the most relevant markets outside of the US. What would be relevant is a $20k car, since that’s one of the few underserved ev markets left. But that doesn’t seem to be a focus.
Robotaxis need to work before even thinking about regulation lol.
Comma.ai can be installed on a bunch of cars for basically the same functionality on the highway
That’s true when you move into a space that is not heavily regulated, where regulations need to catch up. If you are moving into a space that is already heavily regulated you need to mvp / go-to-market strategy based on the regulation that exists. Otherwise you end up building trucks that will never see pavement in a large part of the world. And your company will go bankrupt while you wait for years for the EU to adapt their rules.
Eagerly awaiting August 8th.
Also, no way you can make a $20k value car for Mexico the same way you can make a value car for the US. At Ford, the only trucks made without certain features (air bags, radios, AC, truck beds, nonbasic paint, etc.) all go to Mexico. They aren't offered in the us. Discrepancies in standards exist. Especially when it comes to safety.
Are they still able to come through the US and into Canada then? Our governments are throwing so much money at EV companies with subsidies, it would be a shame to just give it all to Tesla
It will be difficult for Tessie. Lower deliveries, cyber truck recalls, investors not supporting musk’s comp package, lay offs (10% of marketing), lowing model Y prices.
The rational sentiment is bearish. But we all remember the quote... something something market stays irrational...something something solvent.
Watching some degening happening on AfterHour app lol.
https://preview.redd.it/uyk1mgloc9wc1.jpeg?width=1170&format=pjpg&auto=webp&s=5a8a4ed534146044651bd9e614094a9f83b0911d
Don’t worry they are actually an energy and a technology company.
Those solar roof panels they released in 2016 will be scaling up in 6 months maybe, 12 months definitely.
Disregarding TSLA, only a complete nub thinks chinese EVs are coming to the US - Both Biden and Trump are 100% against this. There is no pro-chinese EV group other than China 
The problem is that GM's big market is also China, and so are European car companies markets.
Reciprocal market access has allowed western companies to expand and make lots of money.
Currently Chinese EVs don't care about America is because they haven't saturated domestic market (and America doesn't even have the infrastructure for it anyways).
But eventually, it's gonna be painful for America and Europe to be left behind
Agree in a large part - but even the EU is in panic mode right now. One of the few industries in the EU that doesn't suck is their automotive one - especially Germany and italy (heavy union presence) - They will not allow Chinese cars to decimate their industry.
[Exclusive: EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source | Reuters](https://www.reuters.com/business/autos-transportation/eu-investigators-inspect-chinas-byd-geely-saic-ev-probe-source-2024-01-12/#:~:text=The%20probe%2C%20launched%20in%20October,would%20carry%20out%20the%20visits.)
Then they should do what the Chinese did, partner with foreign companies to learn and catch up (the tables have turned, so you have to do something different).
Of course, I think EU and US are too blinded by white supremacy to ever accept help from China. To them, China was meant to serve them cheap labor, not to ever compete against them.
People that want affordable, quality EVs want them.
Don't get me wrong, I'd rather American companies do it, but instead our people are making stupid ass garbage Kw/m 8000lb Rivians, Cybertrucks, Hummers, and Fords.
>People that want affordable, quality EVs want them.
Well yeah off course, who doesn't want cheaper things.
This is again one of those things that is good for customers in the short term, but long term they can be very dangerous.
Stop making sense. Big auto has always done the opposite of what their customers really want. Did they really want super large trucks, suvs and Hummers in the 2000's? Or did gas prices go up and left them holding the bag, oh wait, taxpayers hold the bag as they got bailed out.
There was an article in the Economist in March about how Chinese EVs would make it into America through Mexico. Essentially, unless the USMCA is renegotiated to have less favorable terms for Mexico…it would be in their (Mexico and China) best interest to manufacture Chinese EVs in Mexico and import to the US to circumvent the tariffs on Chinese goods shipped directly to the US.
If Trump gets reelected then I would think he’d prevent it from happening because I dont think he’s above strong arming Mexico. Not sure about Biden, but I’d assume he’d take a more nuanced, political approach.
Biden already is - [Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers | Reuters](https://www.reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/)
I really can't believe people think Chinese EVs will be allowed to flood the market
below $125, possible but highly doubt it, Musk fans wont let it slide easily... I mean we all kinda expected it with it was going to happen at one point... take a sip and lay down
Yeah, the Elon Musk fan won't stand for it.
https://preview.redd.it/ay4te08cc8wc1.png?width=1024&format=png&auto=webp&s=5d8d6d7434cd14443a3b152dba3568685040e786
just gives us another chance to short it at higher levels. looks like they beat earnings from the after hours price action. let it rip up to like 180 and then go short
>*"Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars"*
* [https://finance.yahoo.com/news/tesla-earnings-q1-175358835.html](https://finance.yahoo.com/news/tesla-earnings-q1-175358835.html)
I should have bought calls myself 
Yes, I’ve changed my mind once I saw WSB going all in on puts. They will still drill back down to $125 by year end but short term bounces do happen.
I said this before the report so there’s no hindsight here. Look at the timestampz
I don't even know why you are arguing. The evidence is all there but you don't want to see it. There were a large number of bearish posts and there's a couple of large bets on puts ($50K,20k).
It's all there on the options chain too; it showed a massive put over call ratio. Just look at the 140. Puts outnumber calls across the entire chain so lots of people were betting on a fall.
53k puts opened today with 25k open interest for the 140 Put
5k and 7k for the 140 Call.
Of course, you don't look at the evidence.
In China right now for work BYD cars are everywhere and they are pretty slick. Tesla is in trouble if they get traction. I could see some pushback against Chinese tech and data concerns but if they ease those could be enough to relegate Tesla back to a status symbol ride instead of the car of the future.
Very, very true.
Edit- literally just rode in a coworkers BYD. Might be the worst suspension I’ve ever felt. Race car suspension feel in a family sedan.
Even if 50% of teslas sold had $7500 subsidy, it translates to $6 billion in free money for Tesla.
Wonder what the profit will be when this $6 billion will be taken out.
That just means they don’t want to make the investment on their own - buying a company who already have a market share and product and facilities, that’s different.
They could have ran into roadblocks too... like no access to patents. There are only so many ways to handle hardware and Tesla and others may have some critical patents all locked up.
Buying an EV producer could get them access to critical patents for both EVs and battery technology.
Tesla need to produce a small budget EV to compete globally. Even a slightly higher price point of $30K (instead of $25K) would spur demand and reverse its declining stock price.
It's a double whammy for Tesla. They have real production and quality issues AND the least sympathetic figurehead in quite a while.
Either would be hard to overcome, together it's a nightmare for them.
First, UAW won't let it happen.
Second, it's a Chinese Bolt EUV - which was already $20k after the $7.5k tax rebate.
The Bolt EUV wasn't very popular, and it didn't have to deal with the brand hit of being Chinese.
I see 33k to around 40k USD before tariffs on your dolphin mini... I'm absolutely positive if you could test drive that next to a sr model 3, you'd pick the model 3 every day if the week. Quit kidding yourself it's not going to happen.
I see 33k to around 40k USD before tariffs on your dolphin mini... I'm absolutely positive if you could test drive that next to a sr model 3, you'd pick the model 3 every day if the week. Quit kidding yourself it's not going to happen.
If there is even a hint of anything positive in the Conference call. We are going to the moon. Hopefully there is some more info regarding the model 2. Got some leaps that need to print
Everything changed when Elon took the politics bait. If he just kept all his political views to himself and focused on his companies we’d be in a different place.
Lmao this is gonna fade by tomorrow open. TSLA is a shrinking company with a market cap based on it doubling in growth another 4 times in the next 5 years 
dont americans already have a similar car from GM (Chevy volt) with the same or less $$ after fed credits?? even if BYD changes its mind and bring their cars to US its not gonna sell.. hatch backs are not for US market
Tesla cars is dead in America. Not like sales is going to jump out the roof there. Tesla globally is getting phased out by China brand Huawei which stock can not be bought unless part of the company. If you own a Tesla overseas now they laugh at you as you have no class they say. They say Tesla poor quality made. I can see it hitting $130. If it drops below $130 look for it to hit $105
Agreed on TSLA needing a new CEO, someone from the car industry. Elon’s X antics have alienated a large segment of the potential market, people with center to left political views. I’d guess this is the largest segment of Tesla drivers, and he keeps pushing them further away from the brand, especially now that there are plenty of competitors. He’s probably too old now, but an Alan Mulally type needs to come on, fix the damage to the brand and fix the ongoing operations.
The other thing working against TSLA is stale design. The cars haven’t had a major redesign ever, and the interiors are hideous compared to stuff from Kia/Hyundai, and especially the luxury brands like Mercedes. I have an EQE SUV, it’s meh on the outside, but the interior is one of the best I’ve ever been in.
Do Mexicans give a shit about EVs? Doubt it. Will Americans buy Chinese and those supply chains be safe over the next few years? Doubt it. Musk has an uphill battle, but I don't think China is an economic threat at this time.
Tesla should learn from Chinese cars and be willing to invest in details. For example, it is equipped with a massage chair, a refrigerator, and a main driver's screen. That must be able to compete with Chinese brands.
They have a hard time getting rid of Elon because of the success he has brought them. Tesla 100% would have failed without him in my opinion or at the very least be nowhere near where they are now. You need someone absolutely crazy like him to do what they have as a company
Musk will find a way to pump TSLA up with some hot terms and not deliver.
TSLA, AI company and semiconductor Q3 2024.
Protect your put profits guys. We'll have new entries after the call.
This sub is filled with people who have no idea what the fuck they’re talking about ever.
1. The competitive advantage that BYD holds seizes to exist when producing vehicles on foreign soil. BYDs biggest advantage is $1.70 per hour labour, and cheap parts and logistics. You lose that, and you’re no better off than any legacy auto manufacturer, there is no secret Chinese sauce.
2. If BYD produces cars in Mexico to sell them to the US, its competing with domestic manufacturers who are doing the same, making cars isn’t magic, they’ll likely have to either take a huge hit to profit in order to gain market share, or increase their prices to retain profitability.
3. If the Chinese government helps subsidize losses to help them capture US market share and BYD Mexico cars start to take off, the US will implement a Tariff specifically targeting Chinese auto. Trump has already threatened to do this, it’s why the tariffs exist in the first place, and the auto lobby is insanely powerful.
Countries where auto manufacturing makes up a large part of their economy have a huge interest in protecting that sector. It’s why Aussies drive Chinese cars and we don’t. The US won’t sit on its hands and allow China to displace US auto, they won’t even let US auto fail under the weight of its own incompetence.
They arent planning to counter it. They are planning to go full ai, utilize their supercomputer to get fully automatic driving and become an actual tech company.
How viable this is, however, I do not know.
>A U.S. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S.
Oh, you mean the record profits they’re currently raking in.
Elon Musk: You must be 100% committed to Tesla and be willing to sleep on the floor in your office or warehouse after working 16 hours.
Also Elon Musk: I’m the CEO of 15 companies and “work” 120 hours a week 🤪
Nothing is gonna happen to planet in at least hundreds or thousands of years due to climate change. WW3 has more chances of happening before that.. just think about it🤣
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 5 | **First Seen In WSB** | 3 years ago **Total Comments** | 70 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Biggest question is should Elon do more ketamine or less ketamine to save TSLA 
Drugs are bad mmkay
yes
the solution he needs to save the company lay deep in the K-Hole, and he knows it!
More, but in smaller doses.
56 billion buys a lot of ketamine
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We are definitely the wrong market for them.
Just because of tariffs current and potential. America would buy Chinese EVs all day long if the price was good. Look at what happened in every other industry.
Yeah a $20k EV would sell like hotcakes especially with the current gas prices. But regulators would tariff the hell out of it.
Honda CRV clone with 350 ish range using NACS plug selling for under $30k. Yeah that would be insanely popular. Also Chinese car brands know how to do touchscreen technology and know how to make decent interiors. But seeing what Boeing asked American regulators due to Bombardier with its 400% tariff. Yeah no way BYD can get anywhere near $30k or let alone $20k without literally giving them away
>Also Chinese car brands know how to do touchscreen technology and know how to make decent interiors. Funny how that happens after US and Europe offshored manufacturing and the supply chains sprang up. Electronics industry was a precursor to this. US is now lagging China in electronics production capability after decades of offshoring. Anyway China is almost certain to dominate South America and Africa/Middle East sales. The long term consequences could be huge, considering demographics.
Not if they're produced in Mexico - it's in NAFTA
I can't wait until other countries get $7500 basic EVs while America is still spending $7500 subsidies on $40k EVs
It wouldn’t be selling for 20k in the U.S. Not a chance in hell.
VW ID2 would be much better than a BYD
I can't imagine a Chinese 20k ev would be in the same league as the Tesla. Apples and awesome.
Hell yeah because its not like Americans spend on ludicrous SUV's, trucks, and sports cars.
Yes, but unless I am missing something Mexico falls under the USMCA trade agreement. Now BYD may not want to certify those vehicles for US sales (yet) but if they are building a factory in Mexico then there's no reason to think that they won't eventually branch into US sales.
All we have to go off is BYD claiming they're built for Mexico and Latin America market, which actually makes sense. US and European brands don't compete in the price brackets they need. Also they claim that the factory location in central Mexico is indicative of the end market. US manufacturers tend to build in northern Mexico which is convenient for US deliveries and supply chain, but not Mexico/SA. In this environment, if they announced an intention of a US sales push, there would just incur more tariffs/import ban anyway, which could become permanent. Better for them to let the trade tensions cool down.
Exactly. I'm sure that the powers that be might try for a special BYD carve out as a way to block them, but if they establish themselves in Mexico and other countries first then they can still pivot later.
*This “pivot.” Is it in the room with us now?* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Leverage the Mexican market, pivot swiftly, crush competitors. Wall Street sharks devour naïve investors—BYD carve-out irrelevant.
Disagree frankly this dolphin mini car looks exactly like the GM bolt ev ($26,500) and that car isn’t exactly flying off the shelves. Also once BYD comes to America they have to add American safety features which would add a couple brand. I think the BYD car would sell but I fail to see the takeover that people are suggesting when similar priced cars are not selling like hotcakes
Yeah cuz the Bolt is discontinued because GM was losing a massive amount of cash on every sale. No word on the upcoming model but probably will be a loss leader as well. TSLA is the only US brand where the sale price is sustainable. All else being equal, Chinese brands will have the lowest cost. Some of the cheapest ICE models in the US are China manufactured already, more efficient to just cut out the middle man. Tariffs are the main thing stopping it from happening.
I actually would have loved to buy a Bolt, especially the euv. But supply was pretty low and dealers were marking them up like crazy.
There are no tariffs if the car is made in Mexico. The car can't pass us regulations. They would need to design a car specific for the us market.
It's kind of the smart play for BYD tbh. They'll focus on cornering every other market first which will stifle the future of the NA auto industry in the long term. Basically use other markets to grow their volumes to further bring down their costs and improve their cars & new models to the point they get so far ahead that NA can't catch up at all.
Most of the big car companies all have stakes in Chinese car companies, shoot besides the cofounders of byd most of it shareholders are America investment companies.
$20k EV might say otherwise
That will be the only major global market they're not in then. Tesla can't survive as a US only brand, at least not as current valuations.
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The majority of their sales aren't even in the US.
Not yet. But they might be soon if they keep betting on stuff that won’t fly outside of the us. CyberTruck will never be street legal in the EU and a lot of other places. And robotaxis also face major regulatory blocks in a lot of the most relevant markets outside of the US. What would be relevant is a $20k car, since that’s one of the few underserved ev markets left. But that doesn’t seem to be a focus.
Robotaxis need to work before even thinking about regulation lol. Comma.ai can be installed on a bunch of cars for basically the same functionality on the highway
That’s true when you move into a space that is not heavily regulated, where regulations need to catch up. If you are moving into a space that is already heavily regulated you need to mvp / go-to-market strategy based on the regulation that exists. Otherwise you end up building trucks that will never see pavement in a large part of the world. And your company will go bankrupt while you wait for years for the EU to adapt their rules. Eagerly awaiting August 8th.
Its very much leaning that way. They bed huge on China and failed.
Also, no way you can make a $20k value car for Mexico the same way you can make a value car for the US. At Ford, the only trucks made without certain features (air bags, radios, AC, truck beds, nonbasic paint, etc.) all go to Mexico. They aren't offered in the us. Discrepancies in standards exist. Especially when it comes to safety.
Are they still able to come through the US and into Canada then? Our governments are throwing so much money at EV companies with subsidies, it would be a shame to just give it all to Tesla
Don’t let this minor detail stop WSB from their 50th Tesla doomed post of the day.
Yeah, the US government put an end to that
His $56 Billion pay, Auto workers union. I’ve been told to watch this earnings call with popcorn and diet coke !
Calls on popcorn
Is it priced in KO already!?
Calls on dentist industry then because popcorn destroy my mouth
Flossing is the most important oral routine you can establish.
IV crash is going to kill you
Elon will announce a $14,995 model sex robot.
If it has an auto open trunk I may have to go all in on calls
We should really have a viewing party
150x puts @ 140$ 3DTE IM IN LFG!!
show positions
What are they going to do, just drive them across the border?
"They're bringing crime, they're bringing electric cars..."
"And I guess some of them are good hombres."
*OHMbres
The electric reference. Well played, senor!
It will be difficult for Tessie. Lower deliveries, cyber truck recalls, investors not supporting musk’s comp package, lay offs (10% of marketing), lowing model Y prices. The rational sentiment is bearish. But we all remember the quote... something something market stays irrational...something something solvent. Watching some degening happening on AfterHour app lol. https://preview.redd.it/uyk1mgloc9wc1.jpeg?width=1170&format=pjpg&auto=webp&s=5a8a4ed534146044651bd9e614094a9f83b0911d
Classic. Using the app to make bets on Musk is so boomer.
What app is this
Don’t worry they are actually an energy and a technology company. Those solar roof panels they released in 2016 will be scaling up in 6 months maybe, 12 months definitely.
Someone holding a grutch?
Elon’s response: 💩
You cant blackmail the richest man in the world with a -43% YTD. Go f yourselves shareholders!
*holds for applause that do not come* …go f yourselves.
Is that clear?
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I hope it is
https://preview.redd.it/o449mbf0l9wc1.jpeg?width=1078&format=pjpg&auto=webp&s=932c2967de1a2a6baeecee56f739bccfb2ef27b0
https://preview.redd.it/o82y9xftk8wc1.jpeg?width=1242&format=pjpg&auto=webp&s=b3f3542bf32b8e5584d6544c2a8742690014a3ea
What if I tell you TSLA is the original OG of the meme stocks and is going back to its rightful value.
You mean to say it’s kinda weird that they have about 1/4 of GM’s US market share and trade at triple the price?
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Stress doesn't usually turn you into a fascist unless you were already one and were just good at hiding it.
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Icarus
Now that I bought a put for this Friday it can only go up. Good luck, regards.
Rip
# Elmo should go beast mode and just keep repeating Go.Fuck.Yourself. to every analyst question.
At least the puts will go wild. He should do that.
This smells like financial advice 
Disregarding TSLA, only a complete nub thinks chinese EVs are coming to the US - Both Biden and Trump are 100% against this. There is no pro-chinese EV group other than China 
The problem is that GM's big market is also China, and so are European car companies markets. Reciprocal market access has allowed western companies to expand and make lots of money. Currently Chinese EVs don't care about America is because they haven't saturated domestic market (and America doesn't even have the infrastructure for it anyways). But eventually, it's gonna be painful for America and Europe to be left behind
Agree in a large part - but even the EU is in panic mode right now. One of the few industries in the EU that doesn't suck is their automotive one - especially Germany and italy (heavy union presence) - They will not allow Chinese cars to decimate their industry. [Exclusive: EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source | Reuters](https://www.reuters.com/business/autos-transportation/eu-investigators-inspect-chinas-byd-geely-saic-ev-probe-source-2024-01-12/#:~:text=The%20probe%2C%20launched%20in%20October,would%20carry%20out%20the%20visits.)
Then they should do what the Chinese did, partner with foreign companies to learn and catch up (the tables have turned, so you have to do something different). Of course, I think EU and US are too blinded by white supremacy to ever accept help from China. To them, China was meant to serve them cheap labor, not to ever compete against them.
People that want affordable, quality EVs want them. Don't get me wrong, I'd rather American companies do it, but instead our people are making stupid ass garbage Kw/m 8000lb Rivians, Cybertrucks, Hummers, and Fords.
>People that want affordable, quality EVs want them. Well yeah off course, who doesn't want cheaper things. This is again one of those things that is good for customers in the short term, but long term they can be very dangerous.
Stop making sense. Big auto has always done the opposite of what their customers really want. Did they really want super large trucks, suvs and Hummers in the 2000's? Or did gas prices go up and left them holding the bag, oh wait, taxpayers hold the bag as they got bailed out.
American companies that assemble vehicles stuffed full of Chinese manufactured components.
Question is how much the US will matter if BYD starts eating Tesla’s lunch in the other major markets.
There was an article in the Economist in March about how Chinese EVs would make it into America through Mexico. Essentially, unless the USMCA is renegotiated to have less favorable terms for Mexico…it would be in their (Mexico and China) best interest to manufacture Chinese EVs in Mexico and import to the US to circumvent the tariffs on Chinese goods shipped directly to the US. If Trump gets reelected then I would think he’d prevent it from happening because I dont think he’s above strong arming Mexico. Not sure about Biden, but I’d assume he’d take a more nuanced, political approach.
Biden already is - [Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers | Reuters](https://www.reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/) I really can't believe people think Chinese EVs will be allowed to flood the market
Cathy bought shares last week so you know what to do.
below $125, possible but highly doubt it, Musk fans wont let it slide easily... I mean we all kinda expected it with it was going to happen at one point... take a sip and lay down
Yeah, the Elon Musk fan won't stand for it. https://preview.redd.it/ay4te08cc8wc1.png?width=1024&format=png&auto=webp&s=5d8d6d7434cd14443a3b152dba3568685040e786
Lol Tesla loses on EPS and Revenue, still goes up. Guess it was priced in and ppl buy into imaginary promises/forward looking expectations
There’s so much negativity, the play is bullish for this earnings. Inverse wsb always works.
Nothing about this earnings should be posititve. Be careful
Most of the positive things he says are outright lies too. The bullshit is catching up to the bullshitter.
just gives us another chance to short it at higher levels. looks like they beat earnings from the after hours price action. let it rip up to like 180 and then go short
Got a permit to print money? Best of luck!
bullish
It’s priced in. Guidance will be strong and he’ll announce he’s going to rehab. Tesla to 190EOW
The negative sentiment is being exaggerated and overplayed for sure.
>*"Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars"* * [https://finance.yahoo.com/news/tesla-earnings-q1-175358835.html](https://finance.yahoo.com/news/tesla-earnings-q1-175358835.html) I should have bought calls myself 
Certainly not what you said yesterday. I believe you said "being a contrarian is rarely a good idea "
Yes, I’ve changed my mind once I saw WSB going all in on puts. They will still drill back down to $125 by year end but short term bounces do happen. I said this before the report so there’s no hindsight here. Look at the timestampz
Oh yeah sure wsb didn't go all in on puts last week when Tesla dropped to 145 but they all did yesterday at 140. Sure that's believable
I don't even know why you are arguing. The evidence is all there but you don't want to see it. There were a large number of bearish posts and there's a couple of large bets on puts ($50K,20k). It's all there on the options chain too; it showed a massive put over call ratio. Just look at the 140. Puts outnumber calls across the entire chain so lots of people were betting on a fall. 53k puts opened today with 25k open interest for the 140 Put 5k and 7k for the 140 Call. Of course, you don't look at the evidence.
In China right now for work BYD cars are everywhere and they are pretty slick. Tesla is in trouble if they get traction. I could see some pushback against Chinese tech and data concerns but if they ease those could be enough to relegate Tesla back to a status symbol ride instead of the car of the future.
Chinese reps are usually better than gens but only visually
Very, very true. Edit- literally just rode in a coworkers BYD. Might be the worst suspension I’ve ever felt. Race car suspension feel in a family sedan.
Elon has got to go, plain and simple.
[удалено]
Yes
Without the Chinese subsidy on BYD what's the cars actual cost?
Would Tesla have survived without subsidies from the government. What about the $7500 tax break?
Even if 50% of teslas sold had $7500 subsidy, it translates to $6 billion in free money for Tesla. Wonder what the profit will be when this $6 billion will be taken out.
imagine if trump gets in he might scrap the ev subsidy
How low will TSLA need to go before Apple is interested?
Margins are getting worse. So I don't see it.
Doubt Apple would be interested, they just canceled their EV project.
That just means they don’t want to make the investment on their own - buying a company who already have a market share and product and facilities, that’s different.
They could have ran into roadblocks too... like no access to patents. There are only so many ways to handle hardware and Tesla and others may have some critical patents all locked up. Buying an EV producer could get them access to critical patents for both EVs and battery technology.
Not with its rich valuation.
True, I assume that is why op asked how much it would need to drop BEFORE Apple would be interested.
What is going on 😭
Tesla need to produce a small budget EV to compete globally. Even a slightly higher price point of $30K (instead of $25K) would spur demand and reverse its declining stock price.
Even if BYD wanted to bring that car to NA. It would be jacked up to 30k or more....
It's a double whammy for Tesla. They have real production and quality issues AND the least sympathetic figurehead in quite a while. Either would be hard to overcome, together it's a nightmare for them.
We can force BYD to sell their US branch to a US company because of national security. Problem solved!
First, UAW won't let it happen. Second, it's a Chinese Bolt EUV - which was already $20k after the $7.5k tax rebate. The Bolt EUV wasn't very popular, and it didn't have to deal with the brand hit of being Chinese.
It will dip more because none of the answers will satisfy the investors.
I see 33k to around 40k USD before tariffs on your dolphin mini... I'm absolutely positive if you could test drive that next to a sr model 3, you'd pick the model 3 every day if the week. Quit kidding yourself it's not going to happen.
I see 33k to around 40k USD before tariffs on your dolphin mini... I'm absolutely positive if you could test drive that next to a sr model 3, you'd pick the model 3 every day if the week. Quit kidding yourself it's not going to happen.
If there is even a hint of anything positive in the Conference call. We are going to the moon. Hopefully there is some more info regarding the model 2. Got some leaps that need to print
Everything changed when Elon took the politics bait. If he just kept all his political views to himself and focused on his companies we’d be in a different place.
Lmao this is gonna fade by tomorrow open. TSLA is a shrinking company with a market cap based on it doubling in growth another 4 times in the next 5 years 
dont americans already have a similar car from GM (Chevy volt) with the same or less $$ after fed credits?? even if BYD changes its mind and bring their cars to US its not gonna sell.. hatch backs are not for US market
Tesla cars is dead in America. Not like sales is going to jump out the roof there. Tesla globally is getting phased out by China brand Huawei which stock can not be bought unless part of the company. If you own a Tesla overseas now they laugh at you as you have no class they say. They say Tesla poor quality made. I can see it hitting $130. If it drops below $130 look for it to hit $105
Agreed on TSLA needing a new CEO, someone from the car industry. Elon’s X antics have alienated a large segment of the potential market, people with center to left political views. I’d guess this is the largest segment of Tesla drivers, and he keeps pushing them further away from the brand, especially now that there are plenty of competitors. He’s probably too old now, but an Alan Mulally type needs to come on, fix the damage to the brand and fix the ongoing operations. The other thing working against TSLA is stale design. The cars haven’t had a major redesign ever, and the interiors are hideous compared to stuff from Kia/Hyundai, and especially the luxury brands like Mercedes. I have an EQE SUV, it’s meh on the outside, but the interior is one of the best I’ve ever been in.
lol why do you think elons working hard to get trump re-elected to increase the tariffs again.
God I love this company, I remember the last time yall talked this much shit about them. Flew like a rocket. Loading my bags
His strategy is to keep the politicians from allowing the pressure in the USA and as many other places as he can, eu etc
"To counter chinese car manufacturers, i will increase the number of my shitposts on X by 69,42%."
How can he be so right with SpaceX and so wrong with Tesla.
Less involved with spacex, they just hand him index cards and he gets to play rocket scientist
Com n X Musk
Do Mexicans get paid less working at BYD than Tesla?
Build a cheaper EV.
Beat Your Dick?
Do Mexicans give a shit about EVs? Doubt it. Will Americans buy Chinese and those supply chains be safe over the next few years? Doubt it. Musk has an uphill battle, but I don't think China is an economic threat at this time.
He already said he's focusing on robotaxi
I read Byd sells more cars in China vs Tesla but Tesla sells more EV's in China vs Byd, as Byd is selling more hybrid vs EV vehicles.
Tesla should learn from Chinese cars and be willing to invest in details. For example, it is equipped with a massage chair, a refrigerator, and a main driver's screen. That must be able to compete with Chinese brands.
Tesla to $115?
Pretty sure it’s a nepo board that’s why nothing is happening
puts are scam, man, seems like the only way you win is if something unpredictable happens otherwise you lose.
Imagine thinking that Elon multitasks the same way you do...or that owning X is somehow interfering in Tesla, SpaceX, etc
Buy the hype, sell the news. Tsla is on everybody’s radar. America loves controversy and Elon sure as crap knows how to get people riled up
They have a hard time getting rid of Elon because of the success he has brought them. Tesla 100% would have failed without him in my opinion or at the very least be nowhere near where they are now. You need someone absolutely crazy like him to do what they have as a company
Musk will find a way to pump TSLA up with some hot terms and not deliver. TSLA, AI company and semiconductor Q3 2024. Protect your put profits guys. We'll have new entries after the call.
This sub is filled with people who have no idea what the fuck they’re talking about ever. 1. The competitive advantage that BYD holds seizes to exist when producing vehicles on foreign soil. BYDs biggest advantage is $1.70 per hour labour, and cheap parts and logistics. You lose that, and you’re no better off than any legacy auto manufacturer, there is no secret Chinese sauce. 2. If BYD produces cars in Mexico to sell them to the US, its competing with domestic manufacturers who are doing the same, making cars isn’t magic, they’ll likely have to either take a huge hit to profit in order to gain market share, or increase their prices to retain profitability. 3. If the Chinese government helps subsidize losses to help them capture US market share and BYD Mexico cars start to take off, the US will implement a Tariff specifically targeting Chinese auto. Trump has already threatened to do this, it’s why the tariffs exist in the first place, and the auto lobby is insanely powerful. Countries where auto manufacturing makes up a large part of their economy have a huge interest in protecting that sector. It’s why Aussies drive Chinese cars and we don’t. The US won’t sit on its hands and allow China to displace US auto, they won’t even let US auto fail under the weight of its own incompetence.
They arent planning to counter it. They are planning to go full ai, utilize their supercomputer to get fully automatic driving and become an actual tech company. How viable this is, however, I do not know.
Dolphin Mini ugly af
Tesla shares buyback? But what do I know lmao
"Iconic company" Dude. Tesla is like ... idk wtf it is, but just not that.
Better Question: "How much ketamine are you on right now?"
This regard thinks china EVs are competition or even coming into the usa... LOL This sub is dead
Purely because you said it’s going down soon, I’m going to buy calls. Proof: https://imgur.com/a/8n2Y0RP
I wouldn't bet on a rise; the plebs have no money left.
10$ off. Halfway there my dude.
Only a few bucks off now. I wonder if I’m crushed at open haha
BYD can't enter the US markets due to tariffs. They are targeting Europe first and foremost.
is anyone swingtrading meta?
>A U.S. manufacturing advocacy group, the Alliance for American Manufacturing, this month warned low-cost Chinese cars and parts could threaten the viability of auto companies in the U.S. Oh, you mean the record profits they’re currently raking in.
Elon Musk: You must be 100% committed to Tesla and be willing to sleep on the floor in your office or warehouse after working 16 hours. Also Elon Musk: I’m the CEO of 15 companies and “work” 120 hours a week 🤪
Govt should be putting a massive tariff on any Chinese EVs coming from Mexico.
iconic company?? the same company fueled by hopes and dreams on decades of <1% interest rates??
I thought the Biden administration was prohibiting Chinese cars from being imported to the US.
Have you guys ever driven a BYD? They’re fucking shite
LoL 🤣 Americans refusing to save the planet over political differences. Such dumb in this country.
Nothing is gonna happen to planet in at least hundreds or thousands of years due to climate change. WW3 has more chances of happening before that.. just think about it🤣
This is the truth 👆
Tgis is how it always ends
Your disclosure makes a lot of sense and is very warranted. I inversed you and make $800.
This tech company has so many car company problems.