this post was submitted on 30 Apr 2024
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Tesla to lay off everyone working on Superchargers, new vehicles (arstechnica.com)
submitted 6 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world
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[–] Milk_Sheikh@lemm.ee 3 points 6 months ago

I actually don’t care about individual investors, beyond the implications for the broader ‘economy’ if the Tesla bubble bursts. But given how absurd the market cap for Tesla is compared to the traditional automakers, when this hype train stops picking up ~~speed~~ more rubes, the rest of us need it to coast down gradually, not crash and burn.