Bluest_waters

Bluest_waters t1_jefiaeb wrote

> the juggler of notre dame

thank you but in all versions of that story a statue of Mary comes to life and does weird shit. Nothing like that happens in this story. I think its more grounded and more about human interactions. That story is very very catholic, the one I am thinking about really isn't.

But I appreciate the effort!

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Bluest_waters t1_iybuq0h wrote

Tesla's secret is that it thrives on selling billions of dollars worth of carbon credits to major auto makers. Tesla is happy because they get money, the auto makers are happy because they don't have to actually produce large amounts of EV. Some years the money Tesla makes off the carbon credits represent nearly their entire profit.

So GM is quietly fixing Tesla in part because it wants Tesla to keep doing what its doing.

Problem for Tesla is that more and more major auto makers have EVs coming online and they expect their EV sales to jump. That means less demand for carbon credits, which means lower profits for Tesla. Plus Elon is going to be forced to contineu to sell Tesla stock to service his twitter debts for the foreseeable future. Both of these things will be putting downward pressure on Tesla stock months, possibly years, to come.

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