I wonder if a large part of this as well is strictly because BYD is priced cheaper. I know for me personally 90 percent of the reason I haven't invested in electric is because they're all still luxury priced.
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I bought byd stock. It keeps going down. I will never understand investing
https://en.m.wikipedia.org/wiki/BYD_Auto
Realistically their sales in Europe are a statistical noise.
Chinese indexes/etfs are mostly good for its stability, overall it doesnt grow as much as other markets, but it tends not to drop as much either.
Markets can stay irrational longer than you and I can stay solvent.
And I've been holding tesla for years and it goes up even when news is shit. I don't get it either
It’s just too complex for you. You’ll never understand things like regression charts, Fibonacci patterns and crime
I don't get how a company is losing this much in multiple countries yet is still operating?
Like if they can lose this much and still be operating and investments not tanking, would it follow that they can pay better wages and benefits?
The US is corrupt enough at this point the only thing massive corporations have to do to survive is be massive.
Many companies that never even have turned a consistent profit are major players in the US economy.
The idea of valuing actual market competition is a distraction conservatives point to as a cool aesthetic and it has little to do with the economic reality of the US. So long as the right people are in power a dictatorship is totally acceptable to conservatives by and large and the inevitable end result of that as we are seeing are stunning displays of incompetency at the highest levels of power.
Yeah go figure we keep on pumping money into oil companies, when solar and batteries are tariffed. Easy to set why Trump has gone bankrupt so many times.
We even have electric companies actively trying to deter home solar installs with legislation, while other counties are embracing a VPP model.
in US the patriotism is injected into a brand. Way more money than brains.
Last I checked years ago, they sold their carbon credits for a whole lot of money whenever they earned them.
Yeah Tesla only incidentally makes cars. Their accrual business is being a Carbon Credits dealer. Which just goes to show that the whole concept of carbon credits is nonsense. Climate change can't be solved by market mechanisms
My sales to Europe have plunged 0%! Its all due to not being a racist asshole. Also I don't sale anything, I'm just a non racist person who doesn't sale anything to Europe at the moment.
Both cars support oppressive dictators, but one is cheaper, supports CarPlay / Android auto, and has actually buttons for things.
I am not sure you can say BYD supports a dictator per se, more like it exists in a state capitalist country where you exist at the behest of the dictator.
Elon actively pushed and spent money to get trump elected.
I don't think Musk much cares or ever did. The goal was to milk tesla for every last dime.
Tesla will be bankrupt in 2 years.
what a coincidence, so will i
Good thing the Tesla board voted to give Elmo all those billions to make him stay, because for a second there was an actual risk that Tesla could survive as a company without Elmo, but now they kept him and made sure they'll all go down off that cliff.
How tf does someone with a bajillion dollars look like a pile of wet garbage bags at 54? Aren't they all supposed to be using lotions made from aardvark assholes and incubus foreskins to maintain immortality?
My commute is about 20 miles a day. Charging level 1 at work is enough unless I go out on the weekend. My Nissan Leaf has been good enough for me. And it is neither Tesla nor Chinese.
I'm genuinely surprised people be ok with BYD on Lemmy. It's authoritarian spyware, period. There are more options than these two - ww don't have to choose the lesser evil.
Lemmy has always been retarded like that.
when compared with elon's nazi spyware?
There are more than 2 options here.
We're in a thread that directly compares Tesla and BYD. Thankfully there are other EV manufacturers.
Why would I give a fucking shit? Every new car is a piece of shit spy ware device that collects and sells your data. Honestly, I'd rather china have my data than a fucking capitalist company or America. At least china won't do anything to me, our government is more of a threat to the average American than china is.
Let me guess, the stock did go up?
Today down 1.37%, but up 7.14% overall for the week.