• Magnus@lemmy.ca
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    8 days ago

    The fact it’s still at $250 per share as of writing this is still alarming af.

    • Jaysyn@lemmy.world
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      7 days ago

      Yeah, it’s absurd.

      • The CEO is nearly universally reviled.
      • They have the worst build quality of any vehicles sold in the USA.
      • They are notoriously unsafe.
      • They had to stop selling Cybertrucks because they had 8 recalls in a row and are literally held together with glue
      • They were just hit with the most expensive recall of all time on their self driving bullshit.
      • They are underwater in Europe & China.
      • I probably have forgotten something.

      The earnings call on the 22nd should be very interesting.

      • Magnus@lemmy.ca
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        7 days ago

        You forgot:

        • Caught numerous times deliberately misleading the public about build quality, safety, and features (current and upcoming).
        • Bizarre ergonomics that contravene many existing safety standards (e.g., the brake lights on the Cybertruck).
        • CEO uses his influence for stock manipulation, regularly
        • Notorious racist corporate culture that also denigrates women and other ethnicities
        • 99% of their profits come from the resale of carbon credits. They have only made a profit off cars for roughly 2-3 quarters in their history of existence.

        I’m sure I’m forgetting a bunch of other stuff.

        Edit: Here’s one right off the press, still hot: https://arstechnica.com/cars/2025/04/tesla-makes-its-cars-lie-about-their-mileage-lawsuit-claims/ 😆 🤦‍♂️