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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In (www.bloomberg.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.

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[–] homesweethomeMrL@lemmy.world 27 points 10 months ago

Paywall. But I managed to see they said “Tesla has been hit with a barrage of negative news” and I think that’s disingenuous.

If Tesla wants to avoid the fate of the first US Football League who were scuttled by a dipshit know-nothing “billionaire” they need to kick Elmo to the curb. Otherwise they just continue to hemorrhage.

Of course, Elmo could get his shit together, buckle down and let the smart and talented people get on with it. Hahahahahaha