Tesla (TSLA) releases Q1 2024 deliveries: disastrous results

boem@lemmy.world to Technology@lemmy.world – 124 points –
Tesla (TSLA) releases Q1 2024 deliveries: disastrous results
electrek.co
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Tesla is a massive financial Ponzi scheme that uses the hype of BEVs to prop the up stock price. At some point, the hype and lies (plus the end of most subsidies) comes to an end. This will eventually bring down Tesla and reveal that BEVs are not some panacea technology.

For anyone who thinks BEVs are some panacea tech, I've got a battery electric bridge to sell you.

The real solution is less driving. Invest in mass transit, separated bicycle lanes, and mixed zoning near transit hubs. Encourage heat pumps instead of separate furnaces and AC units. Encourage local hydrogen production as battery storage for manufacturing sites with excess solar and wind. And so on.

BEVs just perpetuate the same problem that got us here and make people feel good for doing very little. They should exist, but they aren't the solution to our problems.

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