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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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[-] uglyduckling81@lemmy.world 43 points 1 year ago

It was never worth the stupid value it was pumped up to. Why do you think Elon has been dumping so much of it.

[-] ShaggySnacks@lemmy.myserv.one 2 points 1 year ago

Elon is in the dump part of a pump and dump scheme.

[-] Honytawk@lemmy.zip 2 points 1 year ago

Cause he has less business skills than what he lets to believe.

this post was submitted on 23 Aug 2023

637 points (97.0% liked)

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