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Bo McGillacutty
China Observer
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Comments by "Bo McGillacutty" (@Mrbfgray) on "Tesla Lost $46.1 Billion Overnight, With Sales in China Hitting a New Low in Over a Year" video.
EVs continue rapid growth, what's 'busting' is plethora of inferior brands and excess capacity. "Tesla loses $46B" is laughable nonsense. I'm unsubing this propaganda channel.
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@Sacto1654 Tesla charging network is everywhere in continental USA and every other major market they've penetrated, it's a nonissue with a couple trivial exceptions.
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@Sacto1654 Only time one should need Superchargers, in general, is road trips. Overnight charging is the norm, many folks haven't used a commercial charger in yrs.
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@brokoryfoods You have no idea what your talking about, sales continue to increase. Look up the actual data instead of pandering to your emotions.
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@brokoryfoods There is an entirely predictable shake out tho, same as happens with every new industry. Once were over 60 motorcycle MFGs in the USA, dozens of car companies, and so on.
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@brokoryfoods DUDE. I've been in involved in it for 15 yrs, Tesla continues to grow sales globally and dominating China. You can't get reality from children's channels like this.
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@brokoryfoods It is true that the Tesla's car sales growth RATE is much smaller than average, this is not news but been expected for near a yr. Tesla is far from just a car company and yrs like 2020 where it grew near 100%, offset slower yrs, this was emphasized by Elon and Tesla yrs ago. As for the stock--it's a winding spring to be released once again at some unknown time in the future, just as it's done in the past. The trigger could be FSD, bot or even energy storage which continues to grow exponentially. Or a litany of other OEMs licensing Tesla software similar to how they all signed up for the charging network last yr. By 2026 w new models and methods, car sales growth will again surge, by then the automotive side of biz will be dwarfed by far bigger profit drivers such as SAS (software as a service) and maybe the bot.
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@brokoryfoods Sales growth rate is much smaller this yr, not news but known for near a yr. Lofty goal of 50% average growth rate includes 2021 where sales were up 100% and this yr which will be much lower but surging again by 2026. From 2014 to 2020 ave. growth was 54%, not sustainable indefinitely. Elon and Tesla emphasized the 'lumpy' growth rate yrs ago. TSLA is a winding spring to be released AGAIN at some pt in the future. In a couple/few yrs the automotive side of Tesla will be vastly eclipsed by the rest of the business, energy storage, FSD, licensing software, bot, etc. Any of which may trigger the next big surge in the stock. This yr auto sales growth likely be around 20%, only Tesla, BYD and a couple other Chinese brands would consider that disappointing. China in general has big problems but BEVs continue to sell and Tesla continues to dominate both there and globally w 20% market share.
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