Comment on Tesla blamed drivers for failures of parts it long knew were defective
snooggums@kbin.social 1 year agoThe funniest part is they tend to fail on the things that have already been sorted out in that 100 years of trial and error because they focus on the new hotness. Suspensions and axles breaking is failing automotive basic design.
kameecoding@lemmy.world 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
Pulsar@lemmy.world 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.
kameecoding@lemmy.world 1 year ago
oh yeah, that’s why I am not doing it either, otherwise it would be a prime short stock
snooggums@kbin.social 1 year ago
The problem with shorting is not knowing when people will finally catch on and the stock finally crashes.
kameecoding@lemmy.world 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.works 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.world 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.