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.

  • ZodiacSF1969@sh.itjust.works
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    1 year ago

    This is a very reasonable comment, and yet it’s downvoted heavily.

    What Tesla achieved is good, and will have a place in the history of EVs. Musk being a fucking idiot doesn’t change that, it just makes it more obvious that none of the success is due to him he just happens to own the company.

    • Staccato@lemmy.world
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      1 year ago

      Honestly, tesla would probably do better to fucking fire Musk as CEO. He holds less than 13% of the shares according to a 10-second Google search, so it doesn’t seem like he has unassailable control of the company.

      If I were any of the other large shareholders I’d be fighting like hell to get a better CEO. Musk has switched from asset to liability.