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vegeta@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago

Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple

www.cnbc.com

vegeta@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago
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Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk's political involvement.
  • normalexit@lemmy.world
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    1 day ago

    I bought byd stock. It keeps going down. I will never understand investing

    • REDACTED@infosec.pub
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      7 hours ago

      https://en.m.wikipedia.org/wiki/BYD_Auto

      Realistically their sales in Europe are a statistical noise.

    • Alcoholicorn@mander.xyz
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      7 hours ago

      Chinese indexes/etfs are mostly good for its stability, overall it doesnt grow as much as other markets, but it tends not to drop as much either.

    • herseycokguzelolacak@lemmy.ml
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      13 hours ago

      Markets can stay irrational longer than you and I can stay solvent.

    • /home/pineapplelover@lemmy.dbzer0.com
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      1 day ago

      And I’ve been holding tesla for years and it goes up even when news is shit. I don’t get it either

      • IhaveCrabs111@lemmy.world
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        12 hours ago

        It’s just too complex for you. You’ll never understand things like regression charts, Fibonacci patterns and crime

    • Avid Amoeba@lemmy.ca
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      1 day ago

      You never buy an individual firm stock unless you have insider knowledge.

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