• Heresy_generator@kbin.social
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      6 months ago

      It’s a publicly traded company; no competent person would buy in at the absurdly overinflated stock price that exists now. Because a competent person would recognize that Tesla having a market cap over 50% higher than Toyota’s is completely fucked and there is no way in hell anyone could make Tesla actually worth what it’s trading at. A competent person would also recognize that Tesla’s ridiculous valuation is because of the shameless lies of hype merchant and snake oil salesman Elon Musk who, if you purchase the company from him, will no longer be around to trick sad losers into believing his laughable promises about self-driving, or robots, or AI, or whatever the hype cycle brings next.

  • TransplantedSconie@lemm.ee
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    6 months ago

    The Lemon Stand I deliver to has one of the original roadsters before Elmo bought the company. I wouldn’t mind having that slice of history before the company finally crashes

  • rusticus@lemm.ee
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    6 months ago

    Musk’s going to take over new car development and announce the model D that’s shaped like a tiny penis. AKA “The Elon”.

  • Optional@lemmy.world
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    6 months ago

    Well I admit, that exploded in poo and recrimination faster than I thought it would. Well done, Tesla Board of Directors. You sure earned your billions of dollars.

  • casmael@lemm.ee
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    6 months ago

    Briefly thought this was the onion, before remembering who is in charge at Tesla

  • Flying Squid@lemmy.world
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    6 months ago

    A car company that doesn’t design any new models doesn’t sound like one that’s going to stick around too long.

  • gasgiant@lemmy.ml
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    6 months ago

    That’s very strange. On the recent earnings call the Muskinator said they were bringing forwards the release of new models.

    Must have some genius way to do that without the new models team and a charging infrastructure.

    Unless he’s just running round saying one thing and then making stupid decisions 2 minutes later. No past evidence of that though…

    • binomialchicken@lemmy.blahaj.zone
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      6 months ago

      Possibly collaborating with the incumbent manufacturers on a joint platform, so they aren’t designing their own cars anymore. They have lost a tremendous amount of credibility with the cyber truck, and all they have to show for it is a massive recall liability.

  • Diplomjodler@lemmy.world
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    6 months ago

    Another true genius move by business genius™. Us lesser minds just can’t comprehend the depth of his 5D chess moves.

  • Rentlar@lemmy.ca
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    6 months ago

    Wow… nothing says good future prospects of your company than laying off your new product development team.

    Is this really a scheme to make “line go up” for Elmo to cash out? This is short sighted as ever.

    And I’ve never been a Tesla fan, but they had effectively “won” the charger war. On the heels of that victory, they plan to cut the team that developed it. Genius.

    Eta: and I guess to save money, their Public Policy team is being replaced by an AI that responds to any subpoena or government communication with 💩.