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You need to look up venture capitalism. Large projects - like building a mine - take a huge amount of money and the project won't be profitable for many years. People invest their money because they have confidence that the mine will find metals and long-term the mine will be very profitable.

Most Tesla cars are welll overpriced and is status product at the moment. They cost more in electricity to go same mileage as a Toyota Corolla that gets 35 mpg. Now lets talk insurance. Guaranteed the Tesla is probably about double. If the battery system is at all affected in a wreck the car is totaled. They haven't figured out weight is much more than same size auto, and tires cost more. So in the scheme of things, ICE still is better value.

Musk will have trouble selling any EVs with the removal of that huge tax credit. That probably explains why he reduced his equity share in Tesla to a mere 13%.

You really do indulge in counterfactuals, showing an enormous lack of knowledge. https://www.reuters.com/business/autos-transportation/teslas-oct-china-made-ev-sales-fall-53-yy-2024-11-04/ "U.S. automaker Tesla (TSLA.O), sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.7% from the previous month."

Stop embarrassing yourself. Musk / Tesla want the ending of the credit so they can crush competition. 13% of a trillion $ company is still a lot. Meanwhile in financial news Tesla is up to $320.72 and WTI is down to $67.02. You ignore this portion of that article of course: "Here it is again: "Musk's strategy to win the EV price war: Build the largest EV business with taxpayer dollars, popularize EVs, allow other startups and OEMs to enter the market, and then support politicians who want to end EV subsidies, crushing the competition and leaving Tesla reigning supreme.""

Earnings might be down, company profits are way up - there is a difference, you should understand that. You really are more suited to selling cars on the lot where monthly sales numbers matter, not a CFO who understands how corporate profits work. Put in your 1,2,3 month Tesla stock predictions Mr economist!