February 18, 2025
Auto

Decline of Elon Max Musk: the hype with electric cars no longer works

  • January 31, 2024
  • 0

Elon Musk said hopefully that in the absence of barriers, Chinese companies will soon destroy all competitors in the electric vehicle market. The AvtoVzglyad portal believes that the

Decline of Elon Max Musk: the hype with electric cars no longer works
Elon Musk said hopefully that in the absence of barriers, Chinese companies will soon destroy all competitors in the electric vehicle market. The AvtoVzglyad portal believes that the show businessman is right about something, and the “green vehicle” jokes are over.

In a far away land lived a South African man named Elon Musk, a cheerful guy and a mischievous man. To him, business was like a drug: it was both invigorating and fun. And then, in a beautiful moment, he decided to capitalize on the ‘global warming’ mania that had specifically baffled Western society – after all, a lot more money can be made from a mania than from sober calculations.

How to turn a scam into a reputable business

So, based on the very strange evaluation criteria for the value of companies that exist in the United States, our Elon Musk opened the Tesla company, specialized in the production of electric vehicles. And then he incredibly took his generally poor company to the top of the American manufacturers, surpassing the collectively powerful groups GM and Ford in terms of ‘capitalization’ (here’s that strange American benchmark). However, Tesla’s minority shareholders are The Vanguard Group and BlackRock – guys who might not be better found in the sublunary world.

That’s how Elon Musk would have sold his tarataikas, laboriously pounded on the knee with an ax and a little in the spirit with a bastard file, if there had been no heavenly forces. The insanely rational Chinese thought: why not turn this elegant scam into a very real and respectable business. You can make good money with this. And they succeeded brilliantly. In the fourth quarter of 2023, Tesla lost its status as the world’s largest electric vehicle manufacturer; BYD took over the top spot, leading to a decline in the American company’s shares.

Provide trade barriers

The solution to the trick is as simple as Columbus’ egg. The Chinese have brilliantly demonstrated that large-scale production generally proves to be much more effective than a small-scale show. Neither American nor European nor Asian companies were generally too concerned about the global transition to electric vehicle production, although they nodded in agreement in response to the heartbreaking demands of their governments. Deep down they felt the vulnerability and bias of the idea and did not want to put their future on this map.

And manufacturers from the Middle Kingdom, who were not bound by such conventions, were more flexible and did not value the image of their brands at all, could afford to adhere to the new rules. The result was not long in coming.

Only a few years have passed and Elon Musk felt a noticeable burning sensation in some parts of his body. Chinese electric vehicle manufacturers will, he said, achieve significant success not only in China but also abroad. “Honestly, this is what I think: If trade barriers aren’t put in place, there’s a good chance the Chinese will destroy most other businesses in the world,” lamented the free-market genius.

The European Commission was also alarmed by launching an investigation into subsidies to manufacturers in China. It is likely that European bureaucrats will soon consider raising tariffs on Chinese electric cars. The United States will take similar measures after them, when the fraud mess in the next presidential election ends there. “Vangard” and “Black Rock” will try.

What about the Chinese? Yes, very simple. Once the electric car craze is over – the ‘green’ hysteria will dry up, for example – they will quickly rebuild their production facilities to produce something else.

Photo globallookpress.com
Photo globallookpress.com

In a far away land lived a South African man named Elon Musk, a cheerful guy and a mischievous man. To him, business was like a drug: it was both invigorating and fun. And then, in a beautiful moment, he decided to capitalize on the ‘global warming’ mania that had specifically baffled Western society – after all, a lot more money can be made from a mania than from sober calculations.

How to turn a scam into a reputable business

So, based on the very strange evaluation criteria for the value of companies that exist in the United States, our Elon Musk opened the Tesla company, specialized in the production of electric vehicles. And then he incredibly took his generally poor company to the top of the American manufacturers, surpassing the collectively powerful groups GM and Ford in terms of ‘capitalization’ (here’s that strange American benchmark). However, Tesla’s minority shareholders are The Vanguard Group and BlackRock – guys who might not be better found in the sublunary world.

That’s how Elon Musk would have sold his tarataikas, laboriously beaten on the knee with an ax and a little bit in the spirit with a bastard file, if there had been no heavenly forces. The insanely rational Chinese thought: why not turn this elegant scam into a very real and respectable business. You can make good money with this. And they succeeded brilliantly. In the fourth quarter of 2023, Tesla lost its status as the world’s largest electric vehicle manufacturer; BYD took over the top spot, leading to a decline in the American company’s shares.

Provide trade barriers

The solution to the trick is as simple as Columbus’ egg. The Chinese have brilliantly demonstrated that large-scale production generally proves to be much more effective than a small-scale show. Neither American nor European nor Asian companies were generally too concerned about the global transition to electric vehicle production, although they nodded in agreement in response to the heartbreaking demands of their governments. Deep down they felt the vulnerability and bias of the idea and did not want to put their future on this map.

And manufacturers from the Middle Kingdom, who were not bound by such conventions, were more flexible and did not value the image of their brands at all, could afford to adhere to the new rules. The result was not long in coming.

Only a few years have passed and Elon Musk felt a noticeable burning sensation in some parts of his body. Chinese electric vehicle manufacturers will, he said, achieve significant success not only in China but also abroad. “Honestly, this is what I think: If trade barriers aren’t put in place, there’s a good chance the Chinese will destroy most other businesses in the world,” lamented the free-market genius.

The European Commission was also alarmed by launching an investigation into subsidies to manufacturers in China. It is likely that European bureaucrats will soon consider raising tariffs on Chinese electric cars. The United States will take similar measures after them, when the fraud mess in the next presidential election ends there. “Vangard” and “Black Rock” will try.

What about the Chinese? Yes, very simple. Once the electric car craze is over – the ‘green’ hysteria will dry up, for example – they will quickly rebuild their production facilities to produce something else.

Source: Avto Vzglyad

Leave a Reply

Your email address will not be published. Required fields are marked *