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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead (finance.yahoo.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.

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[–] woelkchen@lemmy.world 10 points 1 year ago

But at the end of the day they are still the ones selling the most EV which I still believe is a good thing.

"Over 10 Percent of Tesla Model S EVs Fail Germany’s Strict Inspection After 3 Years. It’s actual hard data on Tesla’s quality issues as seen in the wild." https://www.thedrive.com/news/44068/over-10-percent-of-tesla-model-s-evs-fail-germanys-strict-inspection-after-3-years

Tesla deserves credit for opening the door on EVs, but these days something like a Hyundai Ionic / Kia EV just makes more sense when you don't want to buy expensive trash.