Wheels falling off cars at speed. Suspensions collapsing on brand-new vehicles. Axles breaking under acceleration. Tens of thousands of customers told Tesla about a host of part failures on low-mileage cars. The automaker sought to blame drivers for vehicle ‘abuse,’ but Tesla documents show it had tracked the chronic ‘flaws’ and ‘failures’ for years.

  • kameecoding@lemmy.world
    link
    fedilink
    English
    arrow-up
    8
    ·
    11 months ago

    Dont forget that somehow Teslas market cap is 800+ billion somehow based on the hype around a nonexistent FSD, while VW group, Stellantis and the Hyundai Group combined doesnt hit 200 billion

    The EV marlet share of tesla hasnt grown in 2 yesrs being stuck around 7-8 percent and afromentioned groups are showing increased sales across their EV portfolios, a smart wealthy man would short the fuck out of tesla as it will not survive more than 5 years

    • snooggums@kbin.social
      link
      fedilink
      arrow-up
      4
      ·
      11 months ago

      The problem with shorting is not knowing when people will finally catch on and the stock finally crashes.

      • kameecoding@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        11 months ago

        I read somewhere one investor saying, that they don’t mind betting against tesla, they have an issue with betting against how long the market can behave irrationally.

        • Corkyskog@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          1
          ·
          11 months ago

          Tesla is a stupid company to bet against as they are a stock manipulation company first, and a car manufacturer second.

      • OrangeCorvus@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        11 months ago

        Tesla has a cult like following, that’s why it’s where it is so it might not go down anytime soon. The artificial status will stay. I mean Elon is slowly working towards destroying the brand, all the brands he touches but cult like following is hard to bring down.

    • Pulsar@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      11 months ago

      I shorted TSLA once and got burned. Tesla stock fan base can keep pumping the stock up for longer than you can hold your puts.