"Tesla sales tumble again in key European regions"

[moniss]

This is the headline from an article on Yahoo Finance. Seems that more and more people are rejecting this clown and his cars.

"In France, only 3,157 Tesla EVs were registered in the country, down 36.8% from a year ago, per official data cited by Reuters. Norway saw only 2,211 registrations, down 63.9%. Sweden’s tally of 911 was only down 1%.

Tesla’s registrations are a close proxy for sales, which the company only reports quarterly and does not break out by region.

Also in Scandinavia, usually a stronghold of EV sales, Denmark's Tesla registrations dropped to 593, down 65.6%, and the Netherlands saw 1,536, a drop of 61% compared to last year."

https://finance.yahoo.com/news/tesla-sales-tumble-again-in-key-european-regions-163357687.html

[lame54]

1. But the stock is up most days...

Including today

[moniss]

2. The SEC has had evidence clear manipulation of stock prices

for many companies for years now and have done nothing. You have massive buying pressure coming in that is only about trying to prop up the price and protect those already in the stock while they perhaps position to sell or to leverage their stock. None of the buying in these kinds of scenarios is about investing int he fundamentals of the company like sales and revenue growth.

Like the whole "meme stock" nonsense where people bid up stocks to astronomical levels despite the company being barely going along. Then they cashed out and the price crashed back to "normal" levels and then they ran at it again and again doing the same thing over and over. All while the SEC acted like Sgt. Schultz.

[Demovictory9]

3. Good

[moniss]

4. The company has been

priced a great deal based on the "cult of personality" of Edolph and prior to his entry into politics and Twitter the most obnoxious parts of that personality were overshadowed by the "manufactured" idea of him as "boy genius". But his hubris and desire to be out front and "run the world" has brought his horrible aspects to the spotlight and has now become like the genie and the bottle.

Tesla was never worth what the stock price was/is based on actual company performance. It was all his lofty promises that never seemed to quite turn out but he could get people to gloss over that by making more and more lofty promises. He benefited from an SEC and FTC that never held him to account for what amounted to false promises and taking "deposits" based on those false promises.