Wheels falling off cars at speed. Suspensions collapsing on brand-new vehicles. Axles breaking under acceleration. Tens of thousands of customers told Tesla about a host of part failures on low-mileage cars. The automaker sought to blame drivers for vehicle ‘abuse,’ but Tesla documents show it had tracked the chronic ‘flaws’ and ‘failures’ for years.

  • snooggums@kbin.social
    link
    fedilink
    arrow-up
    4
    ·
    7 months ago

    The problem with shorting is not knowing when people will finally catch on and the stock finally crashes.

    • kameecoding@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      7 months ago

      I read somewhere one investor saying, that they don’t mind betting against tesla, they have an issue with betting against how long the market can behave irrationally.

      • Corkyskog@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        1
        ·
        7 months ago

        Tesla is a stupid company to bet against as they are a stock manipulation company first, and a car manufacturer second.

    • OrangeCorvus@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      7 months ago

      Tesla has a cult like following, that’s why it’s where it is so it might not go down anytime soon. The artificial status will stay. I mean Elon is slowly working towards destroying the brand, all the brands he touches but cult like following is hard to bring down.