posted in Technology
Tesla Stock in Freefall After Disastrous Earnings Report
finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html
Yahoo FinanceTesla Stock in Freefall After Disastrous Earnings ReportInvestors aren't feeling Musk's attempt to reinvent Tesla.
Replying to @sanitation@lemmy.today
How do you lose money selling electric cars when two oil critical straits are blocaded
Replying to @fluffykittycat@slrpnk.net
Teslas are objectively last Gen. The only reason they still sell well in the US and some other markets is tariffs.
Replying to @elucubra@sopuli.xyz
Other US companies are actually competing with them for market share now, too. It certainly isn’t helping Tesla sell.
Also, Teslas are starting to get the reputation they deserve: overpriced shitbox vehicles that have horrible build quality because Musk has stripped anything good out of them for profit.
Replying to @elucubra@sopuli.xyz
Check out used EVs. We were just in the market and there a 10x the Teslas than the rest of the options on carmax. Not exaggerating.
Replying to @elucubra@sopuli.xyz
no tarrifs in Australia and alas they still sell well.