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.
You are viewing a single comment
Popularity doesn't mean that they are good just that they are popular. Could you name 2 other brands that make EV cars? I guess not and even if you could the average person couldn't because Tesla gets all the popularity
Nissan, Rivian, Ford. Off the top of my head, these 3 all have pure EV models.
Most of the major manufacturers have EV or hybrid cars now lol Tesla is falling out of the market. Existing manufacturers have now learned how to do the EV part, meanwhile Tesla never really learned how to do the car part properly.
Tesla is still kind of the iPhone of the manufacturers, its brand has more weight in that regard, however with cars being so expensive people are much more concerned with value for money and long term viability - Tesla is establishing a reputation for being poor in terms of repair and maintenance costs, as well as having worse reliability and not as nice a fit and finish.
Oh just like apple, the biggest company in the world
Yes because disposable phones and cars are the same category of product, with the exact same expectations of maintenance and longevity in their manufacture. 🙄
This is why I would never buy a car from a "tech" or even a wannabe tech company like Tesla. They want to graft the lowered expectations that you have for consumer grade electronics and free to pay software onto the auto sector where they'll get lots of people killed or ruin their lives.
I definitely don't want my car to be more like my junky ass phones, smart TVs, or bug laden "as a service" software. I cannot have to restart my car daily while I'm using it. The same standards just do not apply to cars and I'll never buy a car from a manufacturer who thinks they should.
Apple have decent reliability and stylish fit and finish. If you compare Tesla with the major manufacturers, even if you're not getting full EV the quality of the vehicle is much better with the other manufacturers.
A phone or computer is a small fraction of the cost of a vehicle, and vehicles have ongoing costs to be considered. When people do this, which happens more often with cars than with small devices, Tesla comes off worse. While Tesla does have a bit of an iPhone persona, that isn't worth as much in the car market.
So much reliability for the pioneers of "you can't fix it your own"