this post was submitted on 01 May 2024
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The bubble is bursting.
Competition caught up with Tesla's lead while Elon was too busy with his many side projects while somehow also micro-managing the company to death (e.g. Cybertruck).
He should have focused on scaling up manufacturing and driving the price per car down. But no, he had to chase the self-driving pipedream, launch a ridiculous pickup truck, and wreck the "genius" person he had built to replace with an alt-right one.
Pretty much this. Elon was never interested in what he SHOULD HAVE BEEN: making an inexpensive electric vehicle that's widely available. Tesla had the tech to do so, but they were being driven to make insane decisions like moving the gearshift to a touchscreen (gee, I love taking my eyes off the road to shift gears), or making "futuristic" doors that actually cannot physically open from the inside (whoops, guess those just can't be recalled since DOT has literally no teeth).