Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe.
Canada has frozen $43 million in Tesla EV rebates due to Trump’s tariffs and fraud concerns.
Musk’s DOGE work sparked backlash, boycotts, and dealership vandalism across the US and Europe.
Yet, the stock price holds.
The stock market is a sham.
Stock market as a whole is…okay I guess. These one-off, bulletproof companies are silly. It’s almost a religion and the people who hold the stock truly believe that Tesla is going to make automatic cars that will drive everyone while also making autonomous robots that will do everyone’s laundry and the current problems are nothing compared to the beliefs in the future. The value will hold until it doesn’t (eg, they finally need the money for today’s bills in a recession that cost them their jobs), and then the value will plummet to something that actually looks normal for the sales they are making at this time.
Until they need their money, they have the unshakable belief they will all be millionaires as soon as Tesla comes out with the world changing techs and has no competition. Should be any day now. Or maybe in 2 weeks.
The fact that it’s in the S&P500 also gives the stock some staying power that it otherwise wouldn’t have, because a lot of people indirectly hold shares of it in a way that they can’t easily dike out of their portfolio
If it were to ever exit the S&P 500, it would for sure fall pretty hard. Unfortunately, for that to happen, it would need to fall even harder first.
It’s always been an MLM.
That’s what gets me. What stupid ass holes are holding this up? Let it fucking die. Maybe don’t tie up all your money with a neurotic criminal next time? What piece of shit idiot has their income riding on Tesla shares.
Their valuation was never based on car sales, theyre valued like a tech company. It’s a long term bet that their self driving and other tech will set them up for large profits eventually.
Really curious what you think the ‘sham’ is on the stock market and how it supposedly works.
We probably won’t see much movement until the next earnings call. However I can tell you the drop is already priced in. TSLA puts are super expensive. 1 month put is $2200.
Citadel (Marketmaker) has been using TSLA as a liquidity hedge against GME. They control the price.
I have a feeling that people will downvote you, because on the surface it SOUNDS like you’re defending tesla.
However, I’d like to point out AI doesn’t give a shit about accuracy or context, or being right.
AI can reaffirm your already held beliefs, and still be bad for doing so. Because if you let yourself be led by self reaffirming beliefs, how is it any different than people who watch fox news and say “Yeah! All the people I already hate ARE the source of my problems! Even the TV says so!”
If NPR or BBC or any other news outlet just started reporting “trump bad! Other people good!” but it was based on an AI overview that viewers leaned a certain way, and therefore would be profitable to slant news that way, then you aren’t getting news. You’re getting artificial opinion pieces written by a computer.
Now, that being said, even human news outlets slant their stories. So the issue isn’t exclusively with AI. Real journalism is dead and has been dead for decades.
The point I’m making is, just because the story says “tesla bad!” and we all hate tesla, doesn’t make this story legitimate journalism. Even if the story and facts presented are true.
And I think most people will not grasp that concept, and downvote you.
They have zero downvotes right now and I think journalism is still alive.
There’s BBC, CBC, PBS, NPR and John Oliver who all still do amazing work and that’s just scratching the surface.
PBS and NPR rely on American federal funding, so I don’t expect them to last.
PBS is 15% of its funding and NPR is under 1% federally funded if I recall correctly so there will be some changes but they will survive.
Here’s hoping!
My neighbor bought Tesla last month and I would love to go ask him: “Dude what the fuck?!”
Please do.
And report back.
In hindsight, it’s so wild that five short years ago this motherfucker was thought of as a visionary.
I really miss ten years ago, when I had a faint glimmer of hope that he might not be a complete piece of shit. He really showed his character with the “pedo guy” debacle and has been on a steep downward trajectory since.
Very true. The last straw for me was the incident where he carried a sink around the Twitter offices. Immediately nuked my Twitter and switched to Mastodon afterward.
He’s a modern day Edison [this is an insult].
That is very true. Or a Steve Jobs. Lots of rarified men out there happy to take credit for things other people created.
Nah, Edison actually invented things, even if he was a shitty person.
This was cringe 15 years ago but now, oh wow- https://www.youtube.com/watch?v=nfiRd4Y5z_g
Star trek discovery outcringed it
Lesson learned: wait till someone is dead to name drop them in your sci-fi 🤣
True. Always safer. I cringed when I heard Lorca use his name but now it makes sense given the plot of Discovery.
Tap for spoiler
Lorca is from the mirror universe so he would laud the ketamine addled nightmare Elon turned into as a buffoon of evil
With the recent threats against Greta Thunburg, I like to remind people that Tesla provided her a car that she spent a significant part of a year touring the USA in some time ago.
Then Elon took off his mask.
UPDATE: while she did have use of a Tesla, it was provided by Arnold Schwarzenegger not Tesla/Musk.
That’s interesting. I wasn’t aware.
Thanks for sharing.
Vive le Québec !!!
Good! Bring it down to 100% and also bring down Twitter usage to similar levels! Build fiber to rural areas so they won’t need Starlink or if you currently use Starlink see if fixed wireless is possible, maybe with a parabolic antenna on your roof or on an antenna tower you could get a signal. Keep boycotting Elon Musk until he’s bankrupt.
Build fiber to rural areas so they won’t need Starlink
Canadian Government “Sorry, the best I can do is get three companies that are an oligopoly to one day, maybe, fix this.”
Canadian Government “Sorry, the best I can do is
getgive tons of money to three companies that are an oligopoly to one day, maybe, fix this.”The Oligopoly “We’re going to use this government money to fund share buy backs and to fatten our pockets.”
And raise prices every year because “we’re building out new infra!”
They are still selling too many.
One is too many.
Go, Québec! ❤️
I live in Toronto and it’s Tesla land over here. I see those things everywhere. I wish I could say this was because of the electric car thing, but I see those hideous cyber trucks almost daily, so there’s lots of Elon fuck boys here.
I think you need to wait a generation of car buying before really coming to any conclusions.
I bought a Model Y when they first came out and still drive it, but I’m 99% sure I’ll be “one and done” with Tesla once it’s time for me to buy my next car. There are some features of my Tesla that I like, but plenty I dislike as well. I don’t agree with Elons ideas of minimizing controls, relying on vision for all automation, etc. The idea of windshield wiper controls being a couple levels deep in touchscreen menus is a terrible idea.
The only way I’d buy a second Tesla a few years down the line is if they gave up on the minimalist/touchscreen route and started reintroducing physical controls for most functions. But it’s a safe bet Elon will never allow that as long as he’s running things.
When I do finally decide to replace my Tesla a few years from now there will be significantly more EV options out there. And with the J3400 connector now an open standard and Tesla SuperChargers supporting non -Tesla EV’s, there’s even less incentive to stay with a Tesla EV.
I don’t judge Tesla drivers, most are liberal people who got fooled. But cyber trucks are a whole different thing, Elon was very clearly a far right bigot by the time the cyber truck was released
I live in Toronto and, while I see Tesla cars often, I’ve never seen a cyber truck in person.
I spotted one of those fuckers parked outside Trinity Bellwoods yesterday. Shame since I was having a good day til then.
Markham. I saw two at the same intersection.
There’s one that lives around Sherborne and Richmond as well 😁
There’s one in Cornell around where I live. I “booed” it and my friend hit me. I was like, “they bought that truck to get attention, it just so happens it’s negative”
This is the way
I never s aw one until about a month ago, now I’ve seen maybe… 7? Including two driving together and one was either vandalized or… Uhh… It was artistic.
I moved out of Toronto 4 years ago. Just came here for the weekend and I saw 5 cybertrucks in one day.
I live closer to Mississauga/etobicoke so that might have something to do with it. Car bros/dbags populate the west end
There’s way too many swasticars here, but it’s still like one third of what I used to see in NYC. One time one of those fuckers blocked a major intersection to shoot off illegal fireworks.
Can confirm. Everyone in my neighborhood has a Tesla - there are at least 3 on my short block. I’ve seen a couple of cyber trucks passing by my area, but they’re not as popular.
I still see way too much tesla in Montréal. I’ve been telling people musk is a fascist bitch ever since he bought Twitter and let the nazis back in. Décâlisse Elon.
There are even a couple of cybertrucks in my neighborhood.
Taxi drivers all bought them
Standing in a middle of a torrential downpour, completely soaked, getting sick, and tired.
Hails a cab
Sees that it is a cybertruck
“I would prefer to die right now then get into one”
Stops hailing for a cab
Ouais, qu’y mange de la marde l’ostie de tas de merde fasciste !
De toute façon les Tesla sont de la marde sur roue.
Yo y conduisent encore pire que les taxis hahaha
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You can always trade it in for another brand!
Elon a toujours été comme ça. Ces personnes n’étaient pas renseignées.
Exactement. Très bien dit.
Someone correct me if I’m wrong, but didn’t Tesla fake a substantial portion of their sales in Canada until this year? Might that be related?
The most recent article I found says each rebate must be verified before the federal government will release the funds to Tesla.
https://www.cbc.ca/news/politics/canada-freezes-rebates-tesla-1.7493434
awaye dégage sti
Let’s just rule out junkie musks, nazi embodying, man child contempt for everyone but himself.
Tesla sucks. There are other, better options.
Tesla might have sparked the interest to consumers but they are trash
Pretty sure this is a big factor, globally, 10 years ago, Tesla was basically the only viable option if you looked for EV.
Nowadays every brand has some EV on their catalog. Even if the EV market grew massively you can just go to any dealership, and see EV in every shape/size/price rather than having to choose between 2-3 Tesla models which are big and expensive
In the UK, I’d say tesla wasn’t even a viable option if cost were a consideration. I was looking at that time and really leaf or zoe were the options
