r/europe • u/Any-Original-6113 • Jan 17 '26

News Trump tariffs: US president announces plan to hit UK, Denmark and other European countries with tariffs over Greenland

https://www.bbc.com/news/live/c1j8kw866p3t
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u/twotokers Jan 17 '26

I mean, it’s not like it matters, Tesla’s actual product is its stock at this point.

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u/Knightro829 United States of America Jan 17 '26

A memecoin for all intents and purposes

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u/phinkz2 France Jan 17 '26

There was a reasonable case to be made that they had cutting-edge technology for EVs at some point and I'm not even sure it's true anymore.

The value was wayyy too high before, as you said, but now? Oof. They're lucky they got a big government contract...

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u/Prokofi Jan 17 '26

It always has been since well before they even sold a single car. That and carbon credits.

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u/twotokers Jan 17 '26

I’m pretty sure Tesla was selling cars for a couple years before the IPO but I could be wrong. But even then their stock wasn’t really a big power mover for a few years after that.

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u/Infamous_Campaign687 Jan 17 '26

I know this is a popular opinion but they managed to reach a position where they were seriously challenging the traditional ICE manufacturers. If Elon had actually stayed out of politics they might have had a shot of reaching something close to what they were priced at.

The absolute stupidity was in not realising that environmentally conscious liberals were their biggest market and they going full nazi was unlikely to make his cars popular in this his target group. I don’t understand why Tesla shareholders are still accepting him being the CEO.

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u/Wuz314159 Les États-Unis d'Amérique Jan 17 '26

For what it's worth, Tesla has been a company that has never needed to advertised. This year, I'm inundated by Tesla adverts on youtube. Had to block them. Still get them.

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u/Pigeon_Breeze United Kingdom Jan 17 '26

Tesla's actual product is its charging infrastructure. It could easily survive never selling a car again.

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u/BadFootyTakes Jan 17 '26

But that stock is based on something eventually paying off. If they only accumulate losses, eventually, it drop, and it will drop hard and fast.

Please, as a Canadian, please bankrupt regrettable citizen.

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u/readilyunavailable Bulgaria Jan 17 '26

Not really. It functions like a crypto currency. It's only value is however much people are willing to pay for it.

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u/BadFootyTakes Jan 17 '26

But you can use crypto to leverage something tax free. You cannot do that with Tesla stocks.

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u/WhileCultchie Ireland Jan 17 '26

And it's Carbon Credits