this post was submitted on 28 Aug 2025
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Economy

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Tesla sales plunge 40% in Europe as Chinese EV rival BYD's triple (www.cnbc.com)
submitted 1 day ago by lemmy_news@lemmy.wtf to c/economy@lemmy.world
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[–] ALLGLORYTOHYPNOTOAD@lemmy.world 5 points 1 day ago

The stock market is fraudulent. It’s all hype to juice price till the lie can no longer be sustained. Then the players sell off and let the market tank so they can buy up assets on the cheap. Rinse repeat. The 2008 crash was exactly that. AI bubble is next.