Comment on Tesla profits nosedive as more job cuts announced

• givesomefucks@lemmy.world ⁨8⁩ ⁨months⁩ ago

  And the Chinese EVs beat everyone on price…

  But Americans aren’t allowed to buy them

  If we had access to those, lots more Americans would be driving EVs.

  In the company’s last earnings report in January, Chief Executive Elon Musk warned about the competitiveness of Chinese brands. BYD, China’s largest EV maker, surpassed Tesla in car sales last year.

  "If there are not trade barriers established, they will pretty much demolish most other car companies in the world,” Musk said.

  This year, Manhattan Beach-based Fisker Inc., an electrical vehicle startup, cut 15% of its workforce, had its stock delisted and said it might file for bankruptcy protection. Apple also recently announced an end to its long-held ambitions of making a self-driving EV.

  www.latimes.com/…/china-ev-war-tariffs-tesla

  We’re not allowed to buy them because other companies can’t compete, but even without being able to buy them, EV makers are going out of business.

  The rich get protected while consumers and the environment gets fucked over

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  • billiam0202@lemmy.world ⁨8⁩ ⁨months⁩ ago

    We could never sell those dirty ChiCom cars in the US! Can you imagine what would happen if those cars collected your driving habits and reported them back to Ford GM Stellantis Tesla Honda VW Toyota Hyundai Subaru Xi Jinping!?

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