vegeta@lemmy.world to Technology@lemmy.worldEnglish · 9 days agoTesla sales plunge 40% in Europe as Chinese EV rival BYD's triplewww.cnbc.comexternal-linkmessage-square89fedilinkarrow-up120arrow-down11
arrow-up119arrow-down1external-linkTesla sales plunge 40% in Europe as Chinese EV rival BYD's triplewww.cnbc.comvegeta@lemmy.world to Technology@lemmy.worldEnglish · 9 days agomessage-square89fedilink
minus-squareMelvin_Ferd@lemmy.worldlinkfedilinkEnglisharrow-up0·8 days agoI don’t get how a company is losing this much in multiple countries yet is still operating? Like if they can lose this much and still be operating and investments not tanking, would it follow that they can pay better wages and benefits?
minus-squareforkDestroyer@infosec.publinkfedilinkEnglisharrow-up0·8 days agoLast I checked years ago, they sold their carbon credits for a whole lot of money whenever they earned them.
minus-squareSpookyBogMonster@lemmy.mllinkfedilinkEnglisharrow-up1·8 days agoYeah Tesla only incidentally makes cars. Their accrual business is being a Carbon Credits dealer. Which just goes to show that the whole concept of carbon credits is nonsense. Climate change can’t be solved by market mechanisms
I don’t get how a company is losing this much in multiple countries yet is still operating?
Like if they can lose this much and still be operating and investments not tanking, would it follow that they can pay better wages and benefits?
Last I checked years ago, they sold their carbon credits for a whole lot of money whenever they earned them.
Yeah Tesla only incidentally makes cars. Their accrual business is being a Carbon Credits dealer. Which just goes to show that the whole concept of carbon credits is nonsense. Climate change can’t be solved by market mechanisms