by Chris Black
ALL numbers are fake now.
Govt data, company earnings, statistics…totally and completely fake.
Earnings may be the worst considering people believe them, no normalizing for inflation, and the fact that “audits” these days are completely corrupt.
🚨🚨🚨 $TSLA inventory increases for the 5th quarter in a row.
Of these 109k produced-but-not-sold, I estimate that about 90k are in active inventory. With additional production coming online, it would seem that more price cuts should be expected pic.twitter.com/hnrnQ5K6N9— CoverDrive (@CoverDrive12) July 2, 2023
Yet every figure out of China shows that demand for Tesla is dropping like a rock as domestic companies are taking off.
BYD is the biggest EV company in China by a wide margin.
Somehow Tesla reports record sales.
I’ve never seen more used Teslas for sale on luxury lots.
They aren’t going for big money either.
When ten year old used Hondas are selling for what they cost brand new, a used 2015 Model S can be had for $30k.
Tesla’s numbers are just an algo calculation made to manipulate the stock price.
Like votes for Democrat candidates.
Like Apple, the company is too important to the index to ever verify the BS numbers that are reported.
Innovation to these guys is the percentage gain in the share price.
How long has Tesla run with the exact same car again?
We’re on what, iPhone 20 that is exactly the same as every other one.
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