- cross-posted to:
- teslamotors@lemmy.zip
- cross-posted to:
- teslamotors@lemmy.zip
Summary
A major early Tesla investor, Ross Gerber, has called for Elon Musk to step down as CEO unless he abandons his role in Trump’s DOGE.
In an interview with Sky News, Gerber declared Tesla is “absolutely in crisis,” citing neglect of the business while Musk pursues widening interests.
Tesla’s market value has plunged over $800 billion since December amid slumping demand, Chinese competition, potential trade war impacts, and controversy surrounding Musk’s government role.
Gerber claims Musk’s divisiveness has “destroyed” Tesla’s reputation despite having “the best product in the marketplace.”
Largely because they can sell at or below cost and still make a profit, because they’re being propped up by the Chinese government.
Domestic production is the legitimate use of tariffs, especially when the target country is effectively hacking their prices lower through subsidies. China wants to Walmart green tech. They want to artificially lower their prices until they’ve driven out all competition permanently.
Just like how Canada’s high tariff on US dairy after a certain limit was valid because they want to retain some of their own production. And the US could literally drown Canada in milk.
Wow what a great point. There surely can’t be any other reason why China would want to get EVs into as many peoples driveways worldwide as possible, right? Must just be greed. Damn greedy Chinese, going around causing or abusing conflict to make profit and putting out all this horrible propaganda about western nations. My good ole USA has never done anything wrong, its so obvious!