Comments by "SkyRiver" (@SkyRiver1) on "Bloomberg Originals"
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BYD beat Tesla sales, for one quarter. For the year Tesla was ahead. Tesla profit margin was 11% last year. BYD was about half that. So if you only count the final quater BYD did "catch up". Now when you look at the tech and quality of the cars themselves it is a different story. BYD has a long way to go, and when they get there, Tesla will be further ahead than now.
Do not believe anything you see about Tesla on commercial news. Tesla does not pay for commercials. The "news" especially the financial "news" is not there to inform you. It is there to sell ad space/time so it runs anything that attracts clicks/views. They are continually attempting to shake down Tesla for ad dollars, which can be in the multiple billions per year (GM 2.2 billion 2020) and they don't mind lying to attempt to get Tesla to anti up. They do it on a daily bases, usually many times per day.
The majority of negative comments on social media are fromm union shills, short sellers (55 billion lost shorting Tesla so far) dinocar OEMs who can't compete and blame a lack of public interest, those invested in dealerships, gas and oil, service centers, parts OEM (all tiers) your local mechanic, and a hoard of ludites: who can't understand the difference between over 90% efficiency in a system and 40%, have never driven an EV, like dragging a useless ton of iron around with them in the pickup they never actually use as a pickup, and when they do, it could have been done using the trunk of a sedan, and like the fact that the sound of their damaged muffler or low brain cell exhaust mod makes them sound like a big lion, because it is the only segment of their life where they have even the illusion of being powerful.
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