Let me ask you guys something else, if EU hates large monopolist companies so much as you claim, then why are all its car companies monopolistic mega conglomerates that rule the world like Volkswagen, Stellantis, Daimler Benz, BMW, and Renault? Where's EU's equivalent of Tesla if they supposedly hate all these big companies?
I'll tell you why: Just like the US, the capital controlled EU also supports its domestic monopolies and only bitches about foreign monopolies in sectors they don't control and threaten their economic hegemony. That's the cold hard truth, everything else is just political hot air and virtue signaling for brownie points, and I'm pissed people are not only buying it but also parroting it when the goal to monopolize business sectors is as strong in EU corporations as it is in US and Chinese ones.
Europe is just more stricter now with controlling large (mostly foreign) corporations since its own economy lost a lot of ground to the US and Chinese ones (it has now half the real GDP it had 2 decades ago), and since it can't create new large companies, all it can do now is protecting what it has left from foreign companies taking over their turf. The upshot being that a lot of those rules are congruent with the consumer protections which also end up globally favoring consumers abroad.
We don't need cars from fascists.
To be fair, that’s not what they said. I believe they’re asking where are the car companies of Tesla’s size and market position.
Like, Tesla are very small (in terms of cars sold) but very large in terms of valuation. Seems like a once-off, not something that would be replicable (anywhere).
Really? Because look up on the history of VW, BMW, Porsche, Fiat, etc and their founding families, some of who still own a large part of the shares of those companies today. Most of them worked with fascists no problem, some by force of the era some by opportunity but none of them opposed them.
You see this is the typical European hypocrisy that I dislike. Pointing fingers that Elon is somehow a fascist cause he raised his arm once, but Porsche or BMW who used slave labor from work camps is somehow not fascist now because ... reasons I guess.
Explain me that with logic and reason, and not with the "Elon is a fascist because reddit told me he is".
If you're claiming to be "fighting" Tesla just for Elon being labeled "fascist" by smooth brain Redditors, why aren't you also fighting VW, Porsche, Fiat, for their owners also being actually documented fascists?
Perhaps the problem here isn’t that smaller brands don’t exist, it’s that if we give examples of smaller brands then you’ll argue
“Never heard of them. Thus proof that the EU is holding them back”
And if we mention household names then you’d argue
“Those aren’t small companies”
You’ve basically crafted an impossible to satisfy condition. A question that would be equally impossible for you to satisfy with US firms as it is for EU firms.
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By the way, there’s quite a few car manufacturers that are small listed here: https://en.m.wikipedia.org/wiki/List_of_automobile_manufactu...
A few of them are relatively big names despite their small company size, for example Noble Automotive.
Tesla Q4 sales: https://ir.tesla.com/press-release/tesla-fourth-quarter-2024... approx 500k.
So Tesla are not the biggest anymore (which honestly surprised me).
Anyway, I’m not celibate. It’s just an excellent vehicle, if you don’t care about hivemind strangers glaring at you.
Saying “Tesla aren’t one of the biggest EV manufacturer” is clearly rubbish.
Tesla is failing both domestically and internationally with declining sales. Arguing that Tesla is successful with falling sales is like arguing that RIM was successful in 2009 when the writing was on the wall.
BYD makes better batteries than Tesla. the EU brands provide a better luxury than Tesla.
the US / Japan brands provide a better car in terms of quality than Tesla.
LOL, what?
Tesla has a bigger market cap than those companies COMBINED. And more. How is it a "medium" player? I don't agree with that market cap, to be clear.
It seems that Tesla is the Schrodinger's automotive manufacturer: snappy young upstart when that's convenient, world's biggest/strongest/brightest when that narrative is convenient.
You just named 5 companies, that’s competition.
US has 1/2 companies controlling 90% market share in several markets. That’s monopoly.
I will just go to the record store get some vinyls.