That's because of some big investors are refusing to sell their stock. They are interested in autonomous taxi service and AI technology. Middle class shareholders have already sold their stock and sales are down. - ThreadSky

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sumuduvn.bsky.social • 21 days ago

That's because of some big investors are refusing to sell their stock. They are interested in autonomous taxi service and AI technology.

Middle class shareholders have already sold their stock and sales are down.

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hellishchildren.bsky.social•21 days ago

Block other countries from sellin EVs in the US, turn it into a taxi service, put self-driving trucks on the road, run AI through all the Telsa computers and you have yourself a rolling spy fleet in the streets.

Imagine if they used someone's personal car as a drone.

jeremybateman.bsky.social•21 days ago

Yeah, stock hasn't gone down, but that's not what he was getting at. Sales of cars have fallen by 13%. It needs to go down a minimum of another 35% to wreck his company.

johnnysitar.bsky.social•21 days ago

Yes, but this is the US market, which isn't the big deal bc EV sales in the US are relatively small compared to his core market: Europe. Tesla is losing grip right in the middle of a EV boom over here with no end in sight.

https://www.reuters.com/business/retail-consumer/new-tesla-sales-spain-fall-29-may-while-other-ev-sales-soar-2025-06-02/

notidefix.bsky.social•21 days ago

exactly....!

Tesla sales in Canada, Europe and Australia fell about 70%

while only 13% in the US in the same period

US needs to do better

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