Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead - eviltoast

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.

  • dragoness@lemmy.zip
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    1 year ago

    So Tesla’s have quality issues I agree with, Elon is an asshole I also agree with. But not all Tesla’s are a Plaid. They start at $35k, the Y at 40k. They are most assuredly not luxury vehicles and I’m not sure why people keep thinking this.

    • aesthelete@lemmy.world
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      1 year ago

      They start at $35k, the Y at 40k.

      That’s a starter price, not a finisher price. (Apologies to IASIP.)

      • dragoness@lemmy.zip
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        1 year ago

        That’s still not luxury in this market. I priced one myself ended up at 48k. That’s not luxury anymore in this market.

        But I digress. I’m not a Tesla lover or anything just saying they’re not luxury cars. I don’t even have an EV yet and don’t want a Tesla.

        • aesthelete@lemmy.world
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          1 year ago

          It’s more than I’d pay, which also doesn’t make them luxury prices.

          However, until pretty recently they were much more expensive than they currently are which is why there’s a lagging perception of them being luxury.

          It certainly isn’t the quality.