this post was submitted on 23 Aug 2023
736 points (96.8% liked)

Technology

59587 readers
2550 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

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's thread
view the rest of the comments
[–] [email protected] 9 points 1 year ago (2 children)

key words being "so far", Tesla is going to be blown the fuck out of water by what traditional Automakers are starting to offer.

[–] [email protected] 7 points 1 year ago (1 children)

I'm sure too that there are a lot of prospective EV buyers that are waiting on the sidelines until a more reputable brand has something they like. (I'm one of these people.)

[–] [email protected] 2 points 1 year ago

Same here, my civic is gonna be the last gas vehicle I own. Next car is all electric.

[–] [email protected] 4 points 1 year ago

This is exactly right, the big traditional auto makers were watching tesla,using them as a research experiment, and now are starting to build out their own EVs. Once it becomes viable for these automakers to produce many modules we will see lots of competition in the market, tesla will be completely overrun. There's no way tesla can keep up with production powerhouses like Ford, and Toyota.