How bad are things at Tesla? So bad that it would have lost money in the first three months of the year had it not been the sale of regulatory credits, credits that could be going away if the Trump administration gets its way on auto emissions rules.
One child policy left them with a population bubble that’s going to burst. Meaning population will nosedive because the older generations were so much bigger than the newer ones, this means there’s not as many grandkids making money for the family, especially since their youth is having a hard time finding good jobs, also, since the youth are unemployed, they’re not as likely to come up to speed as fast as if they had been working in their field should an opportunity show up. And with so much of their youth being educated, nobody wants to farm or manufacture anymore. Population bubbles come with EXTREME economic dangers that will require massive policy/societal change at just the right time to navigate through. It’s like doing WRC racing in an 80s Porsche 911. I’m sure it CAN be done, but good luck.
However, the US is trying to manufacture this problem with chasing off Latinos. Without immigration, were a nation in decline.
Speaking of immigration, China could mitigate that problem by letting lots of foreigners in. Doesn’t look like it’s going to happen though.
China doesn’t have the greatest reputation when it comes to foreigners.
Exactly. I get the feeling that China doesn’t really want to see any foreigners on their land either.
Thank you. Makes sense now. And I do like that car analogy.
No problem, glad I could help.