Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead

L4sBot@lemmy.worldmod to Technology@lemmy.world – 750 points –
Tesla's value plunged nearly $200 billion since mid-July – and Elon Musk's EV maker faces a bumpy road ahead
finance.yahoo.com

Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.

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Besides Musk…it’s the fact they are still using the same design from 10+ years ago. When I see a tesla, I can’t tell the difference between the S & 3 or the X & Y. They made one car and scaled it in their software. All 4 cars are due for a redesign and they don’t need to all look identical. And they need to figure out how to actually assemble them without being shit.

Model S3xy? Why Elon, just why...

The model X looks like an inflated model 3 IMO, the first time I saw one IRL it looked kinda hideous

I'm not a car guy. There happened to be a tesla showroom at the mall (wtf?) I was at with some coworkers for lunch, and one of them was dying to look at the new model X, so we made a detour. It was the first tesla I sat in.

I couldn't believe how cheap and tacky it felt. Everything was plasticy, leather felt like pleather. The giant tablet just seemed unnecessary and gaudy.

The tech was cool and all, but I couldn't believe this was what everyone was talking about.

Never mind unnecessary and gaudy, it's dangerous. Pretty much all car functions are on that touchscreen, meaning you have to use it while you drive.

Which functions are on it that you need to drive? The only one I can think of is the climate control, but I just set mine on automatic, or adjust it at a stoplight. It's pretty good.

I feel like the vibe is a reasonably nice car from the 80s that someone put a huge tablet inside. I agree I find it really off putting, but I know people who love it so 🤷‍♂️

If memory serves, the only reason that they couldn't go for the Model E, is that Ford has/had a trademark for it, so they went with Model 3 instead.

Nothing wrong with that if it’s successful. VW used the same design language for the Beetle/Van/Truck for ages.

Same design language and copy cats are different. I can clearly make the difference of a Jetta/Passat or Civic/Accord. They obviously share a similar design but are definitely their own. Tesla’s on the other hand, I couldn’t tell you the difference of the X or Y. They look identical. Even the sedans look damn near identical. And no other car company keeps the exact same design for 10+ years (besides Toyota and the 4Runner)

Most people can't tell a Macan from a Cayenne or a 911 from a 718, doesn't matter what enthusiasts think, normies are the people who represent the majority and they're buying the cars anyway.

Exactly people say this but then not about Mazda. Every single Mazda has the same design scheme. There's nothing wrong with that, if it works for the company fine, but like, "oh they all look the same" is invalid as a complaint against them.

Tesla has many other things you can diss on them for.