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.

  • hudson@sh.itjust.works
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    1 year ago

    maybe they should focus on making a decent product instead of manufacturing bs

    • OutlierBlue@lemmy.ca
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      1 year ago

      Well Musk is spending most of his time breaking Xitter lately so maybe the Tesla guys can get some good stuff done while he’s distracted.

        • OutlierBlue@lemmy.ca
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          1 year ago

          It takes a long time for changes to trickle through the system.

          But yeah, it’s probably not going to happen.

    • dukeGR4@monyet.cc
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      1 year ago

      The products are decent. Just that there are a lot more competitions that make much better cars.

        • dukeGR4@monyet.cc
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          1 year ago

          over the course of 30 years*. people rarely keep cars for that long, let alone an EV. by year 10 most EVs will be clapped as fuck you might just have to sell it for scrap metal

          fact is Teslas still represent good value if you’re just after a base Model Y and 3. they’re are OK, average, decent.

          fit and finish is far from German counterparts but if you don’t care, and don’t want a Chinese EV either you’re left with Tesla.

          • RaincoatsGeorge@lemmy.zip
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            1 year ago

            Well, I’d say the value of the Tesla isn’t the car at all, it’s in being the first to popularize Evs, the brand they’ve built, and in the recharging network they’ve built.

            As far as the cars go theres just too many reported problems. Take the above things away and you’re left with just an ok car. Why would you invest all that money in something that’s just ok, especially when you can go to the nearest competitor who not only has way more money and experience in the industry but can produce a cheaper more reliable product. Not to mention the fact that they have the dealerships across the country to handle their vehicles and perform maintenance.

            Where tesla shined really was in how the brand became associated with success and quality, and in how large a recharging network they built. Nobody else has come close to achieving either. With musk acting like a dumbass they’ve lost the it factor. Should have been obvious with the cyber truck. Elon basically acted out that episode of the simpsons where homer bankrupts his brothers car company by designing a hilariously bad car. They do still have the charging network, and I think that value cannot be understated, but in 10 years ev charging will become ubiquitous and that won’t matter.

            Tesla was at its peak when musk mostly shut the fuck up and pretended to be the ambitious billionaire genius focused on the betterment of humanity.

            Now it’s clear that space Karen was little more than a guy who got extremely lucky in the early dot com days and amassed an insane fortune. Strip elon of his wealth and ask him to do it again and he would never be able to.

            It’s sad too, I wanted to get a Tesla but now there’s just no way. Not when Space Karen can just auto install some update that requires I pay a subscription to use the ac. Fuck that shit, too unreliable.

            • dukeGR4@monyet.cc
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              1 year ago

              depending on where you live, here in Australia some states have very strong tax incentive. So strong to the point whereby even an Accord or Sonata is priced similarly. For those that do not care about all these dramas or the technicalities of ownership the Model Y and 3 are both really good cars.

              i personally wouldn’t get one tho, if i had spend so much money i’ll probably save a bit more and get a used GR Supra or Civic Type R.

          • nilloc@discuss.tchncs.de
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            1 year ago

            As used cars, they aren’t very attractive for 2 big reasons.

            Repair facilities and even just new parts are rare and can take months to book (which is a problem for new teslas as well).

            But a bigger problem is that Tesla iterates parts designs, so if you have a used Tesla and the door handle breaks, you might not be able to get the right part to repair it, or you might need to make a series of other changes for it to work.

            When you buy a Tesla, your buying a test mule that is a work in progress. That’s why most car companies spend 3+ years developing traditional vehicles before coming to market. And they used decades of institutional experience and known good components instead of attempting to reinvent it all (even the manufacturing process, which Tesla learned hard lessons about early on).

      • Flying Squid@lemmy.world
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        1 year ago

        A friend of mine rented a 2023 Tesla recently. He said there was a visible air gap between the trunk lid and the body of the car. That’s decent to you?

        • dukeGR4@monyet.cc
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          lol, do you mean panel gaps? that has more to do with manufacturing process. I’m more referring to the features they provide for the price they’re selling at. They’re decent.

          I can assure you, cars can get a lot less decent than Teslas… Korean cars in the early 2000s for example…

  • Changetheview@lemmy.world
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    1 year ago

    Setting aside anything related to Musk, Tesla really doesn’t seem to be staying competitive.

    Cybertruck (and the “indestructible” window press conference) is probably the easiest example. Years of attempted hype that haven’t paid off in a meaningful manner, while rivals have been releasing in-class competition. Anyone can see that’s a problem.

    Tesla cars used to be pretty revolutionary, now they’re in an entirely different era that’s filling with exciting EV alternatives around every corner. Yet Tesla style still looks the same. The shoddy construction is still around and becoming more widespread knowledge. They’re failing to attract their target audience due to a long series of missteps. More problems.

    Not to mention that Tesla was downright overpriced at its height. It’s a fraction of the volume yet made other automaker valuations look minuscule. The logic for that was never there.

    • ScoobyDoo27@lemm.ee
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      1 year ago

      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.

      • 𝒍𝒆𝒎𝒂𝒏𝒏@lemmy.one
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        1 year ago

        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

        • Wrench@lemmy.world
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          1 year ago

          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.

        • T156@lemmy.world
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          1 year ago

          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.

    • evatronic@lemm.ee
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      1 year ago

      Give it 5 - 10 years. Tesla will be a company that makes and maintains a charging station network and sells batteries to the other auto makers.

      It’s becoming increasingly obvious that they can’t hack it in an automotive sales industry. Which is fine, frankly. I think battery manufacturing and charging network are pretty complimentary industries and provide a decent revenue stream into the future, License the charging tech to other automakers early and get some vendor lock-in going, and the company could be in it for the long haul.

      They might even be able to keep making a couple EVs, to prove new charging or battery tech, much like how Google keeps making Pixel phones to essentially prove and market new Android features.

      • Afiefh@lemmy.world
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        1 year ago

        and sells batteries to the other auto makers.

        My limited understanding of the matter is that their batteries are overpriced and nothing special compared to alternatives.

        The real game changer that seems to be coming down the pipeline is the solid state battery Toyota has been teasing. If they manage to bring that to market while holding important patents on the technology it’s basically game over for other kinds of battery for EVs.

        • sndrtj@feddit.nl
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          1 year ago

          Toyota has been teasing this for years now. It’s a bit like fusion energy at this point, always on the brink of a revolution that never comes.

        • NotMyOldRedditName@lemmy.world
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          1 year ago

          Are you referring to Tesla’s 4680’s or the cells that Tesla gets from Pansonic?

          Re: Panasonic

          Tesla’s been refining their cells with Panasonic for quite awhile and have done things like substantially reduced the cobalt used compared to others (at least as of couple years ago). I’m not sure what the differences in wh/kg are compared to others today.

          Panasonic is also much more efficient at making those cells at scale which gives Tesla an edge on their cost.

          Tesla has always made their own batteries (the grouping of the cells). Their battery + BMS on the other hand is substantially better than other manufacturers. They can manufacture the battery much cheaper than others, and the BMS keeps it running smoothly.

          For example - The Fords Mach E performance model can’t (or couldn’t) even do more than a launch or two before having to throttle itself due to heat. They currently have recalls happening due to contactors having problems with heat.

          Re: Tesla’s 4680 Cells

          Right now, they’re nothing special from a wh/kg perspective, what they’re main goal for them is to be substantially cheaper to manufacture than the cells other manufactures make. If you can make them for 2/3 the cost you’ll have huge advantage over everyone else, and then also you don’t have to pay the mark up to Panasonic or LG either.

          Only time will tell if their chemistry/anode/cathode improvements will make their cells better than what other manufactures are producing. Personally, I’d be nervous to get a 1st / 2nd gen version of these cells/batteries while they work things out.

          Re: Solid state

          If that ever happens and they are cost competitive to produce, then that’ll be a big deal ya. What if they aren’t cost competitive though?

          Will you be willing to pay $10-15k more for the same range but faster charging, higher safety, and more lifecycles?

          You’re right though, they are the future eventually.

  • DingoBilly@lemmy.world
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    1 year ago

    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.

    • cheery_coffee@lemmy.ca
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      1 year ago

      I’m sure they’ll be around, but I don’t get how their market cap was more than every other car company combined.

      Did people think they made something other than cars, because even if they were the only car company making sales they still wouldn’t be worth that price.

      • Furbag@lemmy.world
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        1 year ago

        Elon’s business model was not to be in the car business long term but the your-car-is-also-a-taxi business and reaping the profits of not just selling cars but ride-sharing too. Triple dipping if you count the supercharger stations, basically collecting a fee every time you use your car. I can see the bull run when things are framed from the perspective of magical Christmasland, but there’s a slightly larger than zero but still basically zero percent chance that FSD on Teslas will ever work autonomously and their cars are getting smoked domestically because they have competition now where they didn’t before.

    • sweetdude@lemmy.world
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      1 year ago

      People have been saying this for years now. This site is something else. Top posts related to climate change while at the same time bashing Tesla, the number one producer of EVs and arguably the reason why all automakers are now making the transition to clean energy. All of this because the CEO is a fucking horrible person. Guess what? Almost every product you have in your home or have ever used came from a company that had a terrible human being as their CEO. Tesla’s sales have been growing each year. They’re building a new plant in Mexico. A few decades? So, 30 years from now? Wow, what a ballsy prediction. /s You could, literally, insert any company’s name in there. If climate change goes as predicted, Tesla being around will be the least of everyone’s worries.

      • aesthelete@lemmy.world
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        1 year ago

        They’re building a new plant in Mexico.

        That’s what will really take the comparative stock price of actual automakers into the stratosphere with Tesla you guys, a fucking factory in Mexico. How could Ford or Hyundai match having a factory in Mexico?!

        Lol, the last Ford I bought (shit car btw) was built in Mexico. Tell me again why Tesla has 20x the market cap of Ford because it surely ain’t factories in Mexico.

    • set_secret@lemmy.world
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      1 year ago

      this is a dumb comment. most maga dicks would never drive an EV they’re too busy rolling coal. yes the spokesperson for Tesla is a piece of human garbage, but the company is more than him. Tesla has been hugely responsible for the much needed transition to EVs. So hate musk, but i think hating Tesla is a mistake.

      • Maalus@lemmy.world
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        1 year ago

        I can hate tesla too you know. The car is terrible quality. Just because it is an EV doesn’t excuse it from being shitty

        • aesthelete@lemmy.world
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          1 year ago

          Also people seem to have not seen or forgotten about the whole thing about Elon Musk specifically falsifying range numbers on his products with shady ass, basically fraudulent math.

        • set_secret@lemmy.world
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          1 year ago

          the build quality or lack of is irrelevant to your maga statement. Of course you’re entitled to dislike the car, or its shape or anything about it really. However it doesn’t change my initial comment, that Tesla has done an undeniably great job putting a rocket up the other car makers regarding the transition that is long overdue, And that Maga fuckwits generally won’t drive them.

      • Chriskmee@lemm.ee
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        1 year ago

        A lot of the problem with Tesla is Musk though, especially when it comes to the whole FSD and Autopilot thing. Tesla is spreading misleading data and releasing software to the public that they really shouldn’t be, and it’s Musk that is pushing for that to happen.

        • set_secret@lemmy.world
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          1 year ago

          True, musk sucks. like I said. the downvotes are hilarious. guess a lot of the maga trolls followed here from reddit too. the more popular it gets the worse it will become I expect.

          • Chriskmee@lemm.ee
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            1 year ago

            I agree that Tesla has done a lot to push us towards a more sustainable future with cars, and unfortunately I have to give Musk some credit for that also. The thing is, I don’t think you can separate Musk and Tesla like you are trying to.

            Without Musk there really isn’t a Tesla. Even now they are very tied to him and his way of thinking. Nobody but Musk would ask someone to design the Cyber truck, and nobody but Musk would even call it that, or name the other vehicles so they spell S3XY, or release beta driver assist /self driving software to the public.

            • set_secret@lemmy.world
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              1 year ago

              I think you can separate them, my comment was responding to the moron calling it the maga car, which is a stupid thing to say. I live in hope musk will eventually be pushed out. he’s quite an awful human.

      • ZodiacSF1969@sh.itjust.works
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        1 year ago

        This is a very reasonable comment, and yet it’s downvoted heavily.

        What Tesla achieved is good, and will have a place in the history of EVs. Musk being a fucking idiot doesn’t change that, it just makes it more obvious that none of the success is due to him he just happens to own the company.

        • Staccato@lemmy.world
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          1 year ago

          Honestly, tesla would probably do better to fucking fire Musk as CEO. He holds less than 13% of the shares according to a 10-second Google search, so it doesn’t seem like he has unassailable control of the company.

          If I were any of the other large shareholders I’d be fighting like hell to get a better CEO. Musk has switched from asset to liability.

  • rebelsimile@sh.itjust.works
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    1 year ago

    Teslas are boring. There are only 4 of them and they all look the same. (And the cybertruck is an abomination, sorry if you’re going to buy one; good luck surviving all the steel balls people will be throwing at you)

    • andyMFK@reddthat.com
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      1 year ago

      Nobody is going to buy a cyber truck because they will never be mass produced

    • ThePac@lemmy.ml
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      1 year ago

      What a stupid take, but par for the r/technology course.

      EDIT: The steel ball thing was terrible optics, granted, but that was also, like, the 5th time that ball was thrown at the window. Bullet-proof glass still spiderwebs when hit. Get over it.

      • rebelsimile@sh.itjust.works
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        No, they dropped steel balls onto separate glass pulled to the side, which didn’t break, then they decided to hurl steel balls at the prototype they had on stage. It broke the glass, twice. It’s on video, y’know?

        but par doe the r/technology course.

        Do you even know where you are?

    • masterspace@lemmy.ca
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      1 year ago

      Don’t worry Tesla owners, this guy’s better than you and all along knew that he should be buying hummers.

      This smugness from basement dwellers is flat out embarassing.

      • rebelsimile@sh.itjust.works
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        1 year ago

        Swing and a miss, sparky. I’ve been driving electric for the last 7 years but have no interest in Tesla for a wide variety of reasons.

        Also I literally told you why I don’t like them — there are only 4 of them and they all look the same; do you think maybe the fact that they’ve become so ubiquitous over the last few years and so samey could contribute to changed perceptions of them? What’s new in 2017 is old in 2023.

        Just try and be a better person/contributor around here. Smarten up.

        • ThePac@lemmy.ml
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          there are only 4 of them and they all look the same

          Oh noooooo. Thanks for that single issue that’s entirely subjective.

          Meanwhile; they provide the best performance for the price, putting exotics 0-60 to shame. Have the best charging infrastructure. Get great range despite the recent hit pieces. And, for some subjective IMO goodness, are super fucking cool. I love the infotainmentcontrolwhatever way they handle things.

          But no, they’re just copy/paste pieces of shit. All hail anybody but Elon!

          • Candybar121@lemmy.world
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            1 year ago

            They are overpriced considering the amount of defects, and problems that many Tesla owners have experienced. When you pay $45k and up on a product, it should not have a single defect. And Teslas have had too many issues to list here! They get average range, nowhere near the listed range in their advertisements, in fact it was so bad they are facing a lawsuit over it. They’re cool the first time you drive one sure, but after you test other EVs and sport cars it just becomes another car… They also have issues locking drivers in the vehicle when the battery dies, have caused several life ending accidents involving their self driving software, and I’ve heard from many, many drivers that Tesla Support is really bad at communicating with clients.

            So keep on sucking his dick, while the rest of us learn from his mistakes :)

            • ThePac@lemmy.ml
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              1 year ago

              the amount of defects

              Please list them, and don’t bother with panel gaps that are either fixed for free on the spot or not long after.

              When you pay $45k and up on a product, it should not have a single defect.

              Somebody better tell this to Rivian and Polstar or, shit, any. other. manufacturer.

              nowhere near the listed range in their advertisements. so bad they are facing a lawsuit over it

              Get back to me when that lawsuit is resolved. I will say, I’m supposed to get 333 miles from my Model 3 LR and it’s closer to 280. There is reserve battery past 0% but we shouldn’t count that.

              They also have issues locking drivers in the vehicle when the battery dies

              Yes we all saw the article posted here a couple days ago. Curious, did you see the posts about how there are manual releases easily found and if you can’t find them you’re kiiiiiiiind of an idiot?

              They’re cool the first time you drive one sure

              Sorry, still cool 2 years later

              have caused several life ending accidents involving their self driving software

              Another sign you’ve bought into the bullshit. Manual controls override all AP/FSD activity and the drivers were at fault of every single crash. Find me a single instance where the driver was found to interrupt the system and it ignored them.

              So keep on sucking his dick

              You’re just admitting that you’re doing the polar opposite of sucking Elon’s dick. You’ve proved you’ve bought every single hit piece that came out. Congrats. I’m going to continue enjoying my marvel of engineering.

              • NotMyOldRedditName@lemmy.world
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                1 year ago

                People really don’t even understand the whole range thing.

                All those multitude of real world tests out there that show a Tesla doesn’t get the advertised range aren’t doing the tests as the EPA tests are defined.

                Yes, a Tesla doesn’t get the advertised range when you go out of the test specs, shocking.

                The EPA says this is how we’re going to test the car. They even say, you can test it doing a partial test suite, or a full test suite. Tesla does the full test suite, while many others don’t. This costs Tesla more money, but does seems to work out to their advantage.

                I don’t doubt that Tesla then went, okay lets design the car (set the gear) to get a good range on the test the EPA is going to use so we can advertise a good number. The EPA set the rules.

                I can’t recall if it was the EPA or some other testing agency, but Tesla once even rejected their initial rating saying you did the test wrong and made them re-do the test (a door was left ajar or something), and the retest came out to the number Tesla was expecting and wanted to advertise. As per the other article something also went wrong once and the EPA made them lower it by 3%. So problems can go both ways, and both were fixed.

                Aside from Porsche who have a multi gear system in their power train, everyone else has to deal with the problem of a single gear not having the same efficiency across all speeds.

                There’s only a few other models out there besides Porsche (who’s different) that meet their claims at 70mph+ tests, which means they did one of two things. They either lowered their EPA approved number and advertise a smaller range than they are capable allowed, or they’re going to be less efficient elsewhere, but do good at high speeds.

                If you want to perform better at high speeds (70mph+) , you’re going to perform worse somewhere else in a single gear system, but I imagine most people care about the high speeds, and people don’t seem to care about real world 25-35mph tests where cars go well past their advertised range. I don’t really blame them for this, it’s what people care about.

                We really need to get the EPA to change their tests and make everyone do the same test, make the test better reflect real world driving scenarios, and probably make them advertise city/highway/high speed eMPG instead of just the single number.

          • rebelsimile@sh.itjust.works
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            1 year ago

            They’re fine cars, they need a refresh is all. You’re reading way too much into this. They’re not copy-paste, they’re ubiquitous and as exciting as a Honda Civic in terms of looks, to me at least. 0-60 time is fun, but so are physical buttons.

            All hail anybody but Elon!

            You know he’s never going to marry you though, right?

            • ThePac@lemmy.ml
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              You know he’s never going to marry you though, right?

              What? I thought you said this WASN’T r/technology?

              • rebelsimile@sh.itjust.works
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                1 year ago

                The only person bringing up Elon Musk is you. The only person offended (apparently) on behalf of Elon Musk is you. Sort yourself out.

                • ThePac@lemmy.ml
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                  1 year ago

                  I couldn’t give a fuck about Musk. He could die tomorrow and I’d say “Good for him.” What I think is hilarious is the assumption by you and others in these comments that my drive to correct them stems from some love of the ugy.

                  Sort yourself out.

  • zabadoh@lemmy.ml
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    1 year ago

    The moment those Chinese EV startups enter the US market, Tesla will be in real trouble if they don’t have their product quality image problem fixed by then.

    It’ll be like Detroit’s Big 3 automakers tanking when small fuel efficient Japanese cars landed in the 70s oil crisis.

    Assuming those Chinese EV companies don’t have their own quality problems…

      • Honytawk@lemmy.zip
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        1 year ago

        Chinese quality has gone up in the last 20 or so years since they transitioned from poor to industrial country. You can’t cling to the cheap knockoffs you buy on Aliexpress either.

      • dragoness@lemmy.zip
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        1 year ago

        So Tesla’s have quality issues I agree with, Elon is an asshole I also agree with. But not all Tesla’s are a Plaid. They start at $35k, the Y at 40k. They are most assuredly not luxury vehicles and I’m not sure why people keep thinking this.

        • aesthelete@lemmy.world
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          1 year ago

          They start at $35k, the Y at 40k.

          That’s a starter price, not a finisher price. (Apologies to IASIP.)

          • dragoness@lemmy.zip
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            1 year ago

            That’s still not luxury in this market. I priced one myself ended up at 48k. That’s not luxury anymore in this market. But I digress. I’m not a Tesla lover or anything just saying they’re not luxury cars. I don’t even have an EV yet.

            • aesthelete@lemmy.world
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              1 year ago

              It’s more than I’d pay, which also doesn’t make them luxury prices.

              However, until pretty recently they were much more expensive than they currently are which is why there’s a lagging perception of them being luxury.

              It certainly isn’t the quality.

    • Cheez@lemmy.world
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      1 year ago

      There’s already so many BYDs in Australia.

      At $20,000 cheaper, it sure makes a lot of people not care about whatever bells and whistles the Tesla has.

    • kameecoding@lemmy.world
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      1 year ago

      Tesla is already in trouble.

      Hyundai Ioniq 5/6, Kia Ev6.

      VW ID line.

      Ford F150 Lightning.

      Those are the things that will absolutely decimate Tesla’s market share. Known brands that can actually put together cars without basic issues like Panel gaps and paint issues.

    • Coreidan@lemmy.world
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      1 year ago

      china sucks worse then Tesla. Everything they build is cheap crap that falls apart. Last thing I’d ever do is buy some pos from china

      • ramble81@lemm.ee
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        1 year ago

        Big difference there. Volvo may be owned by a Chinese company but they’re made in the US and Europe (except the S90) and are designed by Swedish engineers. That’s like called Jaguars and Land Rovers Indian since they’re owned by Tata.

        The cars that GP are referring to are entirely designed and built in China.

  • TWeaK@lemm.ee
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    1 year ago

    Elon Musk financed about $20bn into the Twitter purchase by selling Tesla stock.

    • kameecoding@lemmy.world
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      1 year ago

      despite the 200b drop in tesla, those 20bn probably still would be worth more than the Twitter stocks he owns now.

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    1 year ago

    I dont get how this is news. Teslas market cap was already higher than all the other car makers combined while only producing a fraction of the vehicles. Everyone knew that this stock wasnt a value stock. Where is the news

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    1 year ago

    Maybe anecdotal but I bought a Kia EV6 over a Tesla because of Musk and CarPlay support. I know I can’t be the only one that took that into consideration.

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    1 year ago

    I’m surprised this isn’t just because of there being more competitors to Tesla like rivian. Tbh though I dislike cars, I just have to use them sadly.

    • Diplomjodler@feddit.de
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      1 year ago

      There aren’t. By volume Tesla is still the biggest EV maker by far. The competition is nowhere close to catching up. If they screw up the launch of the Cybertruck, they’ll really be in trouble, though. Also, the valuation is to a large degree based on the promise of full self driving. That seems to be an increasingly distant prospect, though.

        • Diplomjodler@feddit.de
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          1 year ago

          No company will maintain this kind of market share forever. Over 60% ist still impressive and shows how pathetic the EV efforts of the incumbents have been so far.

          • Staccato@lemmy.world
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            1 year ago

            Honestly, as long as Tesla maintains its supercharger network, it will continue to blow its competition out of the water. I say this as someone who got a Korean EV instead of a Tesla.

            Electrify America DCFC stations have been slipping in quality quite noticeably, just in the past year. EVgo is still catching up in the DCFC world, with a lot more slow 50 kW cabinets than genuinely fast 150+ kW chargers. Non-Tesla cars using the supercharger Magic Dock often aren’t charging as fast as a Tesla, likely due to the difference in electronics.

            I think you have to be the sort of person who doesn’t mind tinkering a bit and putting in planning and effort to thrive in a non-Tesla, unless you simply never plan to road trip far enough to need DC fast charging.

            So a lemmy user will probably be fine. The general public might do better with a Tesla for now.

            • Obi@sopuli.xyz
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              1 year ago

              EU says hi with our regulations mandating Tesla to make their chargers inter-operable with other brands.

              • Honytawk@lemmy.zip
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                1 year ago

                Gods, I love the EU.

                It may not be perfect, and has a lot of improvements to make.

                But damn does it actually work for the population instead of the corporations.

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                1 year ago

                I feel like this is inevitable. We don’t have to try and find the station that has the right nozzle to pump gas in a Ford. Likewise, vehicle charging stations should have standard plugs. It just doesn’t make sense the other way around.

                I thought I read Tesla’s plug was going to maybe the standard, but maybe I’m misremembering.

                • Staccato@lemmy.world
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                  1 year ago

                  The only issue I’ve heard with NACS is that the 800V battery auto makers aren’t convinced it’s as capable as CCS of supporting the higher voltage for that generation of EV battery. Hopefully they work it out soon.

            • ZodiacSF1969@sh.itjust.works
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              1 year ago

              They have big problems. They are way overvalued, and other manufacturers are catching up who are geared for higher levels of mass production. And once the share price starts falling there’s the risk that it can cause a feedback loop.

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        1 year ago

        Hasn’t the F-150 has already preemptively destroyed the Cybertruck? I suppose most people driving pickups don’t actually need a pickup’s functionality. They’re just told they need a pickup so that’s what they buy.

        • CADmonkey@lemmy.world
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          1 year ago

          I see more F150 Lightning trucks than I do model 3 cars, and this is in a red state full of people who are scared of electric vehicles.

      • dustyData@lemmy.world
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        1 year ago

        There are, plenty of Chinese EV companies. One in particular sells by volume way more cars than Tesla worldwide. It just doesn’t sell to the US yet.

        • NotMyOldRedditName@lemmy.world
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          1 year ago

          No Chinese EV company sells more BEV globally than Tesla.

          To get the advertised numbers that are higher than Tesla it includes plug in hybrids.

          Edit: Until Tesla releases their Gen 3 platform, BYD may pass them in 2024 though.

  • trackcharlie@lemmynsfw.com
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    1 year ago

    It might face a bumpy road but the reality is the core reason for the drop is the amount of stock musk has sold to cover his idiotic decisions recently

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    1 year ago

    I see so much hate toward Tesla in this post and I assume it’s mostly because of Musk.

    But at the end of the day they are still the ones selling the most EV which I still believe is a good thing.

    I’d rather people buy an asshole’s EV than another polluting pick-up truck tbh. (I know EV are also creating pollution, no need to point this out ty).

    The vast majority of EVs I see in the street of my french city are Tesla’s. And I see a bit more everyday. And no matter how much I despise Musk, I still appreciate the fact that tesla is helping us move forward from combustion engines.

    I don’t really care if someone buys a Tesla just to show off. It’s one less combustion engine on the road.

    • Honytawk@lemmy.zip
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      1 year ago

      Teslas just aren’t great EVs compared to other brands. The reason they are popular is because of marketing.

      Give me a Renault EV any day.

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        1 year ago

        Aren’t great how? They have some of the most efficient cars, with high charging speeds, and easily the best charging network.

        As far as EVs go, they’re fantastic. Said as someone who has owned multiple EVs from different brands.

    • harold@lemmy.world
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      1 year ago

      tesla’s are shit cars and cars are fuckn awful for the environment so its the creme dela creme of a shit stain. some people actually think they’re doing the environment a good thing buying a new car instead of demanding public transportation/or at least buy something used to literally stop killing the earth.

      like seriously you think you’re doing something to help the environment by buying a new car from a elon fucken musk? like you do realise tesla lobbys against public transporation? You know something that would actually help the environment.

      like he’s literally a car salesman and you dupes were suckered into it like a fucken simpsons monorail

      • Jramskov@feddit.dk
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        1 year ago

        I agree in regards to public transport in cities of a resonable size and between them. Outside bigger cities, it simply isn’t a workable solution. Fact is that a lot of our modern society is built around cars. It’s not easy to change that.

        BEV’s will certainly not save the world from climate change, but they are a lot better than ICE vehicles and since we aren’t getting rid of vehicles, it’s a lot better if they are BEV’s. Hate Elon Musk as much as you like (I likely wouldn’t disagree with you), but you can’t ignore that Tesla arguably has pushed forward the transition to BEV’s.