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Tesla stock plunges as EV maker warns production growth will be 'notably lower' than 2023
(finance.yahoo.com)
this post was submitted on 25 Jan 2024
46 points (96.0% liked)
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TSLA is so wildly overvalued that it had room for huge swings though. I am curious if they will come back from it again now that Elon has shown himself to be an over privileged idiot rather than the wunderkind that everyone previously thought he was. People no longer respond nearly as well to his "it's coming" promises. Plus the fact they had to downgrade their battery ranges after gaslighting their own customers, Consumer Reports has shown them to be pretty unreliable, etc all have to be piling up against them.