Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.

    • MotoAsh@lemmy.world
      link
      fedilink
      English
      arrow-up
      12
      ·
      1 year ago

      If anything, Musk spreading himself thin helps the corporations… He’s literally banned from personally tweeting about SpaceX. They have to be approved first. The less he talks about Tesla, or does anything else to it, the better for Tesla.

    • Billiam@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 year ago

      I think you mean Musk’s dysfunctions and delusions have become too public to successfully “lead” any company.

    • Devion@feddit.nl
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      I drive a Tesla, and I can definitely say they’re very overpriced for what they are. I also hate the association with Musk. But… I’ve driven a few other EVs over the last few months and ffs… the mindnumbingly stupid decisions in their control software is frankly unforgivable. It feels those cars are still designed by and for people who didn’t have internet in their 40s. For example: all of them don’t remember some or all of the driving characteristics I set them to (regen breaking strength for example). It’s idiotic. And they all use some processor that’s out of date even for phones generations back. And that car is supposed to last 10 years??? Why? On the face of it, I don’t particularly like Tesla, but damn the competition is doing everything they can to stay behind, it feels…