Tesla is a massive stock pumping Ponzi scheme that just happens to have a poorly ran car company attached to it. People need to realize what the goal of Tesla marketing is really about. It will be remembered as one of the great investment scams of our time.
The solution is to eliminate self-driving cars and instead invest more in mass transit and walkable neighborhoods.
You’re better off spending it on stuff like mass transit and the like. It won’t just all disappear at some point in the future.
You won’t be saying that once the market crashes. You’ll realize that there are much better ways of spending that money. Like far more practical emissions reducing solutions.
Not really. It’s mainly about gaining market dominance on a technology they think is the future. They’ll build them right next to the massive coal plant alongside a million other things they’re subsidizing.
It’s the result of massive subsidies. When they stop, this market will crash like a house of cards.
IOW, this is right-wing propaganda. And given her skin-color, you can add racism to that mix too.
Blogs are a good idea. We should go back to them instead of being dependent on social media.
Lemmy needs to move away from downvotes altogether, or make it totally pointless. Just because Reddit uses it doesn’t make it a good idea.
Mass layoffs is going to make it worse, not better.
Then believe what you want. I find your trust in the system hilarious as well.
There’s no reason for them to conduct audits honestly. Again, if you are totally convinced that what I described is impossible, just let me know. We can end this conversation now.
Regulatory capture is anytime that special interests have overridden the enforcement agencies’ desire to protect the public. That can also apply to accounting firms. So yes, it is correct.
Your understanding of the term is incorrect. I am definitely using it correctly. And you are definitely wrong about PWC, plus any other accounting firm on Earth.
But I think it is clear that your mind is made up. If you won’t believe me, then I won’t press any further.
Then you live in on another planet. Or at least another decade. Regulatory capture is everywhere these days, and PWC is 100% motivated to hide any fraud. In fact, pretty much all accounting firms are motivated to do so. I’d rather believe every major accounting firm is guilty of aiding some kind of accounting fraud than the reverse.
Then what, Tesla owns their own repair and maintenance service? That also costs money.
Ultimately, you’re going to accept that there’s no way around some of the cost of running a car company. If you won’t accept it, then there’s nothing I can say to change your mind.
Also, most of the numbers can’t be trusted. It’s known as “regulatory capture.” And they’re probably not the only one. Likely many companies have doctored accounting numbers these days. If anything, this is a huge problem in business today.
You still have to pay out warranty work either way. Someone has to fix it after all.
There are many people who have made the claim that Tesla doesn’t really make money. You can google it up. Just look for stuff like “tesla profits” or “tesla not profitable” and you see it. Also, the only people who do vigorously insistent that Tesla is profitable are the fanboy investors and some of the least credible analysts out there. It screams gaslighting no matter how you look at all.
You have to build the entire system out yourself. That costs a lot of money. The dealership model also costs the manufacturer basically zero dollars, because it really profits on used car sales and maintenance works. You don’t make anymore money by having your own dealerships. The whole argument that there’s some secret behind Tesla’s business smacks of gaslighting, not something that actually holds up to reason.
It’s been a long standing issue with Tesla’s accounting. No one can really explain how profits are actually being generated going back years, especially considering everyone in the West is losing money on EVs. It’s also being ran entirely by sycophants and people with minimal qualifications, with zero accountability anywhere. So it just seems, via Occam’s razor, that they’re cooking the books.
Musk has swatted people he disagreed with. He is the antithesis of a free speech absolutist.