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Tesla's sales in Europe continue to plummet. Can Musk's 'return' turn the situation around?
①In April, Tesla's sales in the European market dropped significantly, with sales in Sweden falling by 81%, and notable declines in the Netherlands, Denmark, France, and Portugal; ②Musk's political actions have caused discontent among European Consumers, Chinese electric vehicle brands are capturing market share, and Tesla's technological advantages are no longer evident, leading to a rapid deterioration in sales and profits.
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"The Buffett Indicator" is showing a Call signal! After experiencing severe turmoil, is the U.S. stock market facing a historical bottom-buying opportunity?
The Indicators are currently at 180%, close to the levels after last year's brief severe sell-off, indicating that the stock market is relatively cheap in terms of valuation. However, in comparison, this valuation indicator is still higher than the general levels observed during past market bottoms, including the sell-off triggered by the COVID-19 pandemic in early 2020, when the indicator dropped to nearly 100%.