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Mike O\x27Neill
China Observer
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Comments by "Mike O\x27Neill" (@EllieMaes-Grandad) on "Tesla Lost $46.1 Billion Overnight, With Sales in China Hitting a New Low in Over a Year" video.
Good to see values expressed in U.S. dollar$ now - thanks.
22
Thin margins can work, for a time anyway, until fixed costs rise or sales volumes decline.
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As with so many such videos about China, too many fill-in clips of bank tellers and notes being counted on machines. Stop wasting our time!
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More examples of people wearing heavy coats indoors . . . . never any mention of this phenomenon . . .
3
Yes, buy at low prices - then lose even that when it all goes belly-up.
1
* If Tesla doesn't sell a single car in China they can still sell them elsewhere * If you say so - the market place may not agree. Tesla has lost the ability to leverage $40bn of more loans - I'm surprised you don't appreciate the repercussions of that loss. I was referring to speculators - again something you didn't comprehend. I think like an accountant, because I am one. @trollmcclure1884
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UK, Japan, India are RHD, but it's relatively easy to change sides. @richardthomson4693
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Walking away results in loss of creditworthiness, trust, credibility, along with other repercussions. FDI does not involve Chinese banks . . . @_PatrickO
1
Those "sunk assets" will soon be seen as irrecoverable, wasted and useless assets, impoverishing the population. The culture of oppression is quietly ramping up now, to return soon . . .
1