5:11am PDT - July 20th, 2023

Tesla is squeezing its competitors in China by aggressive price cuts from the top and raising assembly line worker salaries from below. Given that the vastly majority of EV makers are unprofitable, this tactic puts enormous pressure on them. Meanwhile $TSLA stock doesn’t flinch. https://t.co/SCZNWNooef

4 retweets   0 likes  - Steve Hou (“CONSUME LESS!”) (@stevehouf)