World News

837 readers

927 users here now

Rules:

Be a decent person
No spam
Add the byline, or write a line or two in the body about the article.

Other communities of interest:

[email protected]

founded 5 months ago

MODERATORS

[email protected]

148

Tesla's latest decline could be one for the history books, JPMorgan analysts say (www.businessinsider.com)

submitted 6 days ago by [email protected] to c/[email protected]

12 comments fedilink hide all child comments

Tesla has lost so much value in such a short period of time that JPMorgan analysts said they couldn't think of another comparable moment in automotive history.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 6 days ago (1 children)

2035 is quite generous
In my opinion, they already started to fail to compete, as they try to cheap out on pretty much everything
They only thing, they still have going is a very good drive train and battery/range - which is obviously very important for a car/EV, but it's far from the only thing, that matters

[–] [email protected] 3 points 6 days ago

They were definitely already on the down trend. They haven't refreshed their designs at all. Also, they were already marking the cars down to try and sell them.