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

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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[-] Changetheview@lemmy.world 84 points 1 year ago

Setting aside anything related to Musk, Tesla really doesn’t seem to be staying competitive.

Cybertruck (and the “indestructible” window press conference) is probably the easiest example. Years of attempted hype that haven’t paid off in a meaningful manner, while rivals have been releasing in-class competition. Anyone can see that’s a problem.

Tesla cars used to be pretty revolutionary, now they’re in an entirely different era that’s filling with exciting EV alternatives around every corner. Yet Tesla style still looks the same. The shoddy construction is still around and becoming more widespread knowledge. They’re failing to attract their target audience due to a long series of missteps. More problems.

Not to mention that Tesla was downright overpriced at its height. It’s a fraction of the volume yet made other automaker valuations look minuscule. The logic for that was never there.

[-] ScoobyDoo27@lemm.ee 55 points 1 year ago

Besides Musk…it’s the fact they are still using the same design from 10+ years ago. When I see a tesla, I can’t tell the difference between the S & 3 or the X & Y. They made one car and scaled it in their software. All 4 cars are due for a redesign and they don’t need to all look identical. And they need to figure out how to actually assemble them without being shit.

[-] lemann@lemmy.one 15 points 1 year ago

Model S3xy? Why Elon, just why...

The model X looks like an inflated model 3 IMO, the first time I saw one IRL it looked kinda hideous

[-] Wrench@lemmy.world 11 points 1 year ago

I'm not a car guy. There happened to be a tesla showroom at the mall (wtf?) I was at with some coworkers for lunch, and one of them was dying to look at the new model X, so we made a detour. It was the first tesla I sat in.

I couldn't believe how cheap and tacky it felt. Everything was plasticy, leather felt like pleather. The giant tablet just seemed unnecessary and gaudy.

The tech was cool and all, but I couldn't believe this was what everyone was talking about.

[-] FlyingSquid@lemmy.world 9 points 1 year ago

Never mind unnecessary and gaudy, it's dangerous. Pretty much all car functions are on that touchscreen, meaning you have to use it while you drive.

[-] darganon@lemmy.world 1 points 1 year ago

Which functions are on it that you need to drive? The only one I can think of is the climate control, but I just set mine on automatic, or adjust it at a stoplight. It's pretty good.

[-] Asifall@lemmy.world 5 points 1 year ago

I feel like the vibe is a reasonably nice car from the 80s that someone put a huge tablet inside. I agree I find it really off putting, but I know people who love it so 🤷‍♂️

[-] T156@lemmy.world 4 points 1 year ago

If memory serves, the only reason that they couldn't go for the Model E, is that Ford has/had a trademark for it, so they went with Model 3 instead.

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this post was submitted on 23 Aug 2023
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