Comment on Tesla profits nosedive as more job cuts announced

Badeendje@lemmy.world ⁨6⁩ ⁨months⁩ ago

Lower sales > Lower profits > cuts across the board (except c level) > lower quality > lower sales … aka the death spiral… hope they can halt the decline but their unique position as the only real electric car brand ended 5 years ago… with their prices they compete with Audi, Mercedes, BMW, and the other premium brands.

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