They do, because they buy them from BYD

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Tesla has never been able to make batteries, they tried with the 4680 and failed miserably. They buy their batteries from BYD, Panasonic, CATL, and now Samsung.

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Even if it works now it's still a good example because it's what, 9 years late? They bet the house on being first to replace taxi drivers and given the potential income, you can see why. Whoever can first offer driverless taxis is going to make a decent profit. At this point I doubt Tesla will be first although given the unique circumstances in individual countries across the globe it's quite possible that it'll be 'local' companies that are first in their area. Tesla self driving performs terribly in China, iirc, whereas BYD works as well as your Tesla does in the (I assume) USA.

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So, Tesla needs to purchase a product from someone else while it is supposedly an innovator in making? Is this the same reason it needed to contract with it's largest competitor, BYD, to make it's batteries? Makes sense to give away all your tech to your biggest competitors. Genius at work here.

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The trick is not to short Elon directly, but back his competitors. This year I took long positions on Rocket Lab and BYD and made a fortune from both.

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🇨🇦 🇨🇳 deal tomorrow. Canadians can buy BYD EVs with maple syrup. 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦

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Holy, BYD Earnings are a disaster. Might be a Puts play for them and other EV companies as well (Except for Tesla of course, i aint touching that shit show). I see rough times in that market.

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Byd is buying mten fyi

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Also, heads up if you own TSLA. If Canada ends up dropping EV tariffs, Canada might see BYD come to North America. I think this happens either Thursday or Friday in South Korea.

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BYD? Look up YouTube reviews they seem good

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