Tesla dealerships are getting protested and, in some cases, vandalized. Sales are down on 9 of the top 10 countries Tesla sells in. Yet Tesla stock is up. Twitter is a cesspool of nazi-themed bots, and somehow just pulled in $1bn and raised its valuation back up to $44bn.
How is any of this possible? It seems really artificial to me, but I don’t really understand business.
Normally I’d be the one to say this is an unfairly harsh take, but when BYD is continuing the proud Chinese tradition of using slave labor to make cheaper products than the competition, I’m inclined to say that maybe they should be off the table as well.
Maybe EVs shouldn’t be as affordable until the industry is actually sustainable. I’d rather buy a vehicle made by union workers who are paid fairly for their labor, even if it’s more expensive.