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.worldEnglish
    9·
    1 year 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
      4·
      1 year ago

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

      • kameecoding@lemmy.worldEnglish
        3·
        1 year 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.worksEnglish
          1·
          1 year ago

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

      • OrangeCorvus@lemmy.worldEnglish
        2·
        1 year 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.worldEnglish
      4·
      1 year 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.