• glitching@lemmy.ml
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    2 days ago

    yeah, this is a “cope” article from dudes I’ve never heard of before. nothing is collapsing, the shit is still worth insane multiples of P/E, they still sell HUNDREDS OF THOUSANDS of model 3s (close to 400K per annum) and this joke of a “journalist” conflates the unpopularity of the (higly impractical and niche) cybertruck with “teslas”.

      • glitching@lemmy.ml
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        1 day ago

        I would like nothing more (well, there’s a few things I’d like more, but for the purposes of this we’ll let it stand) than for this fucker to get hurt and for this shit business to implode.

        but nothing close to that is happening. sales that are lower than before indicate that there are still sales, nazi sled image notwithstanding. the P/E multiple is still through the roof. there aren’t liquidity issues apparent.

        this might be an indication that things might be moving the right way, but at present, nothing is “collapsing”.

        and even if alla that somehow materializes, this doesn’t even touch the fucker in the slightest, it is inconceivable how much he’s got.

        so, this is a cope article.

    • Hanrahan@slrpnk.net
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      1 day ago

      Fair point, the other issue though is the many billions in US subsidies that made Tesla profitable have just been taken away with the OBBBA

      • accideath@feddit.org
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        1 day ago

        And, here in Europe at least, the popularity of Teslas has sunken dramatically over the last two years (about 40%), even though the demand for electric cars in general is rising.