Tesla's value plunged nearly $200 billion since mid-July – and the 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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Such a remarkably overvalued company. I'd be surprised if it's still around in a few decades. Feels like they're the MySpace of today - they're big and have first mover advantage but have nothing interesting down the line and newer companies will and are supplanting it.
I don't disagree with those statements but I'd wait to see what they put out from the Mexican factory considering the labor cost advantage and manufacturing experience they've gained. Beyond that I agree that Korean and Chinese EVs seem more put together and well see if we get more when the us subsidies end.
Nothing interesting? They've got the Cybertruck!
Not good. But interesting.