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.

247

You are viewing a single comment

Have they even released that damn truck? It’s been years and I haven’t seen one while the s,3,x, and Ys are everywhere when I go to work

Nope. First production one completed in July, nearly four years after the first press release. Supposedly customer deliveries at some point of Q3 2023, which is basically down to a month left.

https://www.notateslaapp.com/news/1519/tesla-officially-completes-first-cybertruck-but-we-ll-have-to-wait-for-first-deliveries

The first truck was also "completed" right before their quarterly earnings, which I'm sure was a coincidence. No other trucks have been publicly shown to be assembled.

1 more...
2 more...
2 more...