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Re:Tesla and SpaceX lose over $420B in combined market cap i... by gumby on Friday November 06, 2026 @12:14AM (#50388483)
Last year Tesla sold 1MM cars in us+China and another 150K in Europe. In the same period BYD sold about 3 million EVs.

Last MONTH (October) BYD sold 500K EVs. The US is propping up Tesla by keeping BYD out. I’ve driven several and they are great cars, much nicer than the aging Tesla line.

Re:Tesla and SpaceX lose over $420B in combined market cap i... by apexalpha on Friday November 06, 2026 @02:23AM (#50389229)
The US has had protectionist measures for its car market since forever.

That's why the US car market is so 'unique' and American brands struggle in foreign markets.

Re:Tesla and SpaceX lose over $420B in combined market cap i... by gumby on Friday November 06, 2026 @03:20AM (#50389583)
Japanese cars came in in the 70s and almost killed the US market. The Big Five became the Big Three (GM, Ford, Chrysler) and learned how to make cars again.

They then squandered that and are back where they were in the 70s, or worse.

Re:Tesla and SpaceX lose over $420B in combined market cap i... by dzhiurgis on Friday November 06, 2026 @02:36AM (#50389303)
> BYD sold about 3 million EVs.

Why is their stock price flat tho?

Re:Tesla and SpaceX lose over $420B in combined market cap i... by gumby on Friday November 06, 2026 @03:21AM (#50389588)
Lots of competition from other good car companies. I just used BYD because they are the biggest single EV company; they aren't a majority of EV production though.
Re:Tesla and SpaceX lose over $420B in combined market cap i... by rsynnott on Friday November 06, 2026 @06:39AM (#50391142)
> Last year Tesla sold 1MM cars in us+China and another 150K in Europe.

... Wait, really, it was that low?! VW AG sold about a million BEVs last year; at this point Tesla may actually be in third place (or even fourth, depending on what Geely's up to these days).