this post was submitted on 20 Dec 2023
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368
Tesla blamed drivers for failures of parts it long knew were defective (www.reuters.com)
submitted 10 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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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.

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[–] snooggums@kbin.social 4 points 10 months ago (2 children)

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

[–] kameecoding@lemmy.world 3 points 10 months ago (1 children)

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 1 points 10 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 2 points 10 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.