All the reports say interest in Tesla fading, pictures tell a different story

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Quarter mile of protesters on each side of a busy highway that has a Tesla dealership…
 
JHZR2 said:
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Quarter mile of protesters on each side of a busy highway that has a Tesla dealership…
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Wonder if those protesters would be protesting if they spent some time studying this graphic.

Almost 57 percent poverty rate in Argentina, primarily due to government overspending leading to huge debt/ deficits, and to many government employees; not enough private industry employees to pay taxes.

https://buenosairesherald.com/socie...its-57-highest-number-in-20-years-report-says

Argentina’s poverty rate reached 57.4% in January according to a new report by the Argentine Catholic University’s respected Social Debt Observatory. It’s the highest poverty number since 2004, when the observatory began publishing reports, amid widespread economic deregulation and price hikes.

“Our perspective is that this will keep getting worse in February,” the observatory’s Director Agustín Salvia told the Herald. “The crisis is about to explode in systemic terms.”

According to the report, which analyzed the inflationary effects of the 54% Argentine peso devaluation in December, poverty rose from 44.7% in the third quarter of 2023 to 49.5% in December, then 57.4% in January.

Salvia said there is “a generalized impoverishment of Argentine society” as a result of “a decrease in real salaries” as well as “a high risk of losing jobs” and the devaluation of the peso. “Households can’t compensate the effects of inflation on the food basket with working more hours, like they did in 2023.”

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Trav said:
In Germany they want to set giga Berlin on fire.

https://www.teslarati.com/tesla-construction-sites-giga-berlin-attacked-fire/
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I would hope Germans would focus/ put their energy on national defense rather than a private industry.

My first-hand knowledge leans toward Germany's military readiness to be even less than the reported 50 percent. This is very eye opening, for a very successful industrial nation with the checkbook to address their military readiness. But, if the U.S. is who is going to defend Germany, why should Germany invest in their national defense.

BERLIN, Feb 13 (Reuters) - The German army's battle-readiness is less than when Russia invaded Ukraine in 2022, military officials, lawmakers and defence experts told Reuters.

Even if a new government boosts defence spending, it will remain hamstrung for years, particularly by a lack of air defence, artillery and soldiers, they said.

"Before Russia's invasion of Ukraine, we had eight brigades at around 65% readiness," Colonel Andre Wuestner, head of the German Armed Forces Association, told Reuters in an interview. Sending weapons, ammunition and equipment to Ukraine, as well as accelerating Germany's own drills, took a toll on the available equipment, he said.

"Together, this means the German land forces are down to a readiness of around 50%," he said.

https://www.reuters.com/world/europ...-targets-despite-scholzs-overhaul-2025-02-13/
 
GON said:
I would hope Germans would focus/ put their energy on national defense rather than a private industry.

My first-hand knowledge leans toward Germany's military readiness to be even less than the reported 50 percent. This is very eye opening, for a very successful industrial nation with the checkbook to address their military readiness. But, if the U.S. is who is going to defend Germany, why should Germany invest in their national defense.

BERLIN, Feb 13 (Reuters) - The German army's battle-readiness is less than when Russia invaded Ukraine in 2022, military officials, lawmakers and defence experts told Reuters.

Even if a new government boosts defence spending, it will remain hamstrung for years, particularly by a lack of air defence, artillery and soldiers, they said.

"Before Russia's invasion of Ukraine, we had eight brigades at around 65% readiness," Colonel Andre Wuestner, head of the German Armed Forces Association, told Reuters in an interview. Sending weapons, ammunition and equipment to Ukraine, as well as accelerating Germany's own drills, took a toll on the available equipment, he said.

"Together, this means the German land forces are down to a readiness of around 50%," he said.

https://www.reuters.com/world/europ...-targets-despite-scholzs-overhaul-2025-02-13/
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I wont get into the politics of this but keep in mind that Germany was and still is not allowed to have many weapons that even North Korea has today.

Germany is legally obligated not to possess nuclear weapons or submarines capable of delivering them, due to its commitments under the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and the 1990 2+4 Treaty on Unification.
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Trav said:
I wont get into the politics of this but keep in mind that Germany was and still is not allowed to have many weapons that even North Korea has today.
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Working with the German military OOA 2015, I was trying to get some German military aircraft for a mission. I was briefed the German military had no running aircraft. I asked how was this possible? Response was why does Germany need to keep its military aircraft airworthy when the U.S. will provide air support.

A supplemental story:
Most leaders of a G20 country would be humiliated if they were forced to fly commercial to a summit.

The fact that the German Luftwaffe was unable to provide a replacement will no doubt be the source of endless mirth. After all, Germany is supposed to be a country where things like airplanes actually work, right?

https://www.politico.eu/article/angela-merkel-germany-g20-airplane-donald-trump-con-air/
 
Torrid said:
Not sure I’m picking up what you’re laying down.
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Well think about how he might already know would happen based on his actions, and perhaps he already has puts. There are terms and morals for things like that, or were.
 
GON said:
All over the news Tesla is in trouble.

Going through a mall in Asia on a Monday night. Amazing to see people and their interest in the Teslas on display . The mall had other vehicles on display, but those vehicles were not drawing any interest, including Chinese EVs.

Look at the pictures, mall is fairly empty, with the exception on the Tesla display. People taking selfies, etc.

Fascinating..... Might have to pull a @JeffKeryk and buy TSLA stock while it's price is short term depressed( not really - I don't buy equities).

View attachment 266491View attachment 266492View attachment 266493View attachment 266494
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Wife and I noticed in our area over the last 6 to 12 months it is as if some one has been giving Tesla cars away. For the longest we did not see any. Now they are all over the roads out here in the deep south. Maybe due to less of a challenge to own and make use of in this climate that nearly never sees heavy winter conditions?
 
Who knows where this thing goes? At least for the near term, it's been bad and not likely to change. TSLA is a big part of the S&P500, so our 401K plans are feeling the pain.
 
JeffKeryk said:
the S&P500, so our 401K plans are feeling the pain.
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Or correction from not wanting/ not able to subsidize the S&P 500 going forward. Not sure what the companies of the S&P 500 are doing over the last decade or so, that justifies a higher S&P performance from times of great US exports. Not sure how the S&P over the past decade outperformed the S&P from the last century, when looking at the trade deficit.

Deep question; is it reasonable to assume the success of the S&P 500 over the past decade might have more to do with the booming federal deficit and less to do with private industry production. Someday, the credit card bill will be due, and the line of credit shut down.

Glossary - Balance of Trade 1960 - 2022.webp
 
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SammyChevelleTypeS3 said:
Wife and I noticed in our area over the last 6 to 12 months it is as if some one has been giving Tesla cars away. For the longest we did not see any. Now they are all over the roads out here in the deep south. Maybe due to less of a challenge to own and make use of in this climate that nearly never sees heavy winter conditions?
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Maybe buyers are learning the truth about EVs and finding the fearmongers are wrong?

Charge at home, at night, every night, and have everything you need for the next day.

The only time "infrastructure" is useful is for long distance travel, which is rare for most. But (in the case of Tesla) good reliable DCFC stations are plentiful.
 
GON said:
Wonder if those protesters would be protesting if they spent some time studying this graphic.

Almost 57 percent poverty rate in Argentina, primarily due to government overspending leading to huge debt/ deficits, and to many government employees; not enough private industry employees to pay taxes.

https://buenosairesherald.com/socie...its-57-highest-number-in-20-years-report-says

Argentina’s poverty rate reached 57.4% in January according to a new report by the Argentine Catholic University’s respected Social Debt Observatory. It’s the highest poverty number since 2004, when the observatory began publishing reports, amid widespread economic deregulation and price hikes.

“Our perspective is that this will keep getting worse in February,” the observatory’s Director Agustín Salvia told the Herald. “The crisis is about to explode in systemic terms.”

According to the report, which analyzed the inflationary effects of the 54% Argentine peso devaluation in December, poverty rose from 44.7% in the third quarter of 2023 to 49.5% in December, then 57.4% in January.

Salvia said there is “a generalized impoverishment of Argentine society” as a result of “a decrease in real salaries” as well as “a high risk of losing jobs” and the devaluation of the peso. “Households can’t compensate the effects of inflation on the food basket with working more hours, like they did in 2023.”

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As someone who is in national security business, comparing ARG to US is like comparing apple to bulldozer. Impossible, to say the least.
 
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GON said:
Working with the German military OOA 2015, I was trying to get some German military aircraft for a mission. I was briefed the German military had no running aircraft. I asked how was this possible? Response was why does Germany need to keep its military aircraft airworthy when the U.S. will provide air support.

A supplemental story:
Most leaders of a G20 country would be humiliated if they were forced to fly commercial to a summit.

The fact that the German Luftwaffe was unable to provide a replacement will no doubt be the source of endless mirth. After all, Germany is supposed to be a country where things like airplanes actually work, right?

https://www.politico.eu/article/angela-merkel-germany-g20-airplane-donald-trump-con-air/
Click to expand...
There is no doubt that Luftwaffe in 2018 supposed to have back up for chancellor. However, this is amateurish piece of work. Erdogan bought $500mil plane, while at the same time largest immigrant population in Germany, where “airplanes don’t work,” is from Turkey.
I just hate these amateur comparisons.
 
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