Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
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.
Tesla surely benefited from being the first to market with a mass scale luxury EV. But they still have SERIOUS quality control issues. And putting all the controls in a touchscreen is a gimmick that has worn off. The major players were slow to catch up, but when they do get products to market, they are more reliable and easier to use.
Tesla is not improving on core issues fast enough, and it is going to cost them in the not-so-distant future. I think we are seeing it already with Hyundai. They are the new EV darling. And I do blame it on Elon Musk. Dude is spread way too thin, and has become way too dysfunctional and delusional to successfully lead any company.
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Tesla surely benefited from being the first to market with a mass scale luxury EV. But they still have SERIOUS quality control issues. And putting all the controls in a touchscreen is a gimmick that has worn off. The major players were slow to catch up, but when they do get products to market, they are more reliable and easier to use.
Tesla is not improving on core issues fast enough, and it is going to cost them in the not-so-distant future. I think we are seeing it already with Hyundai. They are the new EV darling. And I do blame it on Elon Musk. Dude is spread way too thin, and has become way too dysfunctional and delusional to successfully lead any company.
I think you mean Musk’s dysfunctions and delusions have become too public to successfully “lead” any company.
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