this post was submitted on 16 Apr 2025
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Tesla Stock Price Reaches 'Death Cross' Status (gizmodo.com)
submitted 6 days ago by inclementimmigrant@lemmy.world to c/technology@lemmy.world
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[–] Jaysyn@lemmy.world 48 points 5 days ago* (last edited 5 days ago) (2 children)

Yeah, it's absurd.

  • The CEO is nearly universally reviled.
  • They have the worst build quality of any vehicles sold in the USA.
  • They are notoriously unsafe.
  • They had to stop selling Cybertrucks because they had 8 recalls in a row and are literally held together with glue
  • They were just hit with the most expensive recall of all time on their self driving bullshit.
  • They are underwater in Europe & China.
  • I probably have forgotten something.

The earnings call on the 22nd should be very interesting.

[–] MITM0@lemmy.world 13 points 5 days ago (1 children)

They steal from OpenSource, they're a privacy nightmare ?

[–] Jaysyn@lemmy.world 15 points 5 days ago (1 children)

I wish the market actually gave a shit about those things.

[–] primemagnus@lemmy.ca 4 points 4 days ago

People only seem to when things go tits up. Like “I guess I should have read the boat safety manual because now I’m stuck out at sea, fuck.”

If we didn’t let greed win at every turn, maybe we wouldn’t be in this state.

[–] primemagnus@lemmy.ca 9 points 4 days ago* (last edited 4 days ago) (2 children)

You forgot:

  • Caught numerous times deliberately misleading the public about build quality, safety, and features (current and upcoming).
  • Bizarre ergonomics that contravene many existing safety standards (e.g., the brake lights on the Cybertruck).
  • CEO uses his influence for stock manipulation, regularly
  • Notorious racist corporate culture that also denigrates women and other ethnicities
  • 99% of their profits come from the resale of carbon credits. They have only made a profit off cars for roughly 2-3 quarters in their history of existence.

I’m sure I’m forgetting a bunch of other stuff.

Edit: Here’s one right off the press, still hot: https://arstechnica.com/cars/2025/04/tesla-makes-its-cars-lie-about-their-mileage-lawsuit-claims/ 😆 🤦‍♂️

[–] Jaysyn@lemmy.world 2 points 4 days ago (1 children)

How do we have different bullet points on our lists?

[–] primemagnus@lemmy.ca 2 points 4 days ago (1 children)

I’m using Voyager they both look the same to me. I don’t know how this client sends posts. I used a simple dash before each new line and it auto completed to a list.

[–] Jaysyn@lemmy.world 1 points 4 days ago

Interesting, I used the list button on the web based editor.

[–] phx@lemmy.ca 1 points 4 days ago

Well, in Canada they got caught faking last-minute sales for EV rebates, which might trigger closer scrutiny in other places as well