• YiddishMcSquidish
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    3 days ago

    I am hopeful that the pain continues for him. Tesla was the only option for a few years for an EV with >100mile range and a nation wide system for charging. Those things are not true anymore. I mean I got chargers near my visitor center tourist area with a population of ~40k ffs. He had a monopoly and a comically inflated stock valuation. The stock is currently seeing a proper rebalance now that there is competition. Dude had a defacto monopoly, and pissed it away to do two Nazi salutes. He likely will never be actually broke, and Tesla isn’t going away completely anytime soon. But any economic pain he endures is a slight glimmer of hope.

    • jj4211@lemmy.world
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      2 days ago

      I agree that Tesla does and should be considered to have deeper problems, as more new players crowd out Tesla as well as “legacy” automakers in many ways also competing.

      I feel like TSLA is still way out of wack. You put GM, Ford, Toyota, and Honda together and still you are less than half the market cap of Tesla. This is utterly absurd, even the “not up to snuff today, but they’ll outgrow everyone” argument I don’t see happening.

      But as to his adventures in “Dark MAGA”, he gets some people distracting him with shiny toys and telling him how smart he is and the world will largely forget that particular “contribution” in fairly short order. So long as it’s not letting him declare that all Tesla products henceforth will adopt the cybertruck design language and quality, Tesla can benefit from him just stepping the hell out of the spotlight again.

      • YiddishMcSquidish
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        4 hours ago

        I agree with you that if you put ford, gm & stellantis in the same room as any japanese car manufacturer will out compete them.

        • jj4211@lemmy.world
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          2 hours ago

          Well, at least Nissan and Mitsubishi aren’t doing exactly great.

          I find Stellantis utterly confounding how they still exist as they are. So much mismanagement and yet somehow still alive.

          • YiddishMcSquidish
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            2 hours ago

            Brand recognition is a big thing unfortunately. And Jeep & ram used to carry weight.

            Edit to add: Mitsubishi is doing fine with electronic sales.