Tesla's Cybertruck flop is historic. The brand collapse is even worse
Tesla's Cybertruck flop is historic. The brand collapse is even worse
Elon Musk bet big on the Cybertruck. It didn’t emerge from focus groups, mimic successful truck models, or even resemble Tesla’s own—at the time—successful S, X, 3, and Y lines. It was an ...
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One would expect the stock to be around 5 dollars after this, but the US economy is such a scam.
No, it's his cultish stockholders. They believe that now he's out of Washington DC he will reinvigorate the brand with his "genius". They honestly believe he's fucking IRL Tony Stark instead of the snake oil salesman he's always been.
You're not wrong, but the stock market isn't the economy.
Plenty of time yet, Virgin Galatic was as high as $1200 from memory, now at 25c.
Thay said, they still sell a shit load of cars.
Thay said, they still sell a shit load of cars.
It's only a meaningful metric if there are margins in these sales, which I'm not totally doubting, but the number alone doesn't tell everything
The fact that Tesla is valutated at such absurd numbers all based on bs speculations on their FSD and robotaxies, none of which even works well and isn't years late.
I'm sure our government will make sure he doesn't lose tooo much money.