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.

  • OutlierBlue
    link
    fedilink
    English
    arrow-up
    72
    arrow-down
    1
    ·
    1 year ago

    Well Musk is spending most of his time breaking Xitter lately so maybe the Tesla guys can get some good stuff done while he’s distracted.

    • stevehobbes@lemmy.world
      link
      fedilink
      English
      arrow-up
      48
      arrow-down
      1
      ·
      edit-2
      1 year ago

      Probably not. Tesla is very dysfunctional as an org. He flattened it so much, and hasn’t appointed a real leader, while he’s distracted I bet they’re basically in a holding pattern.

      He motivated them by setting insane goals then driving them insanely hard and sleeping in the office and shit.

      If he’s not doing that, the company is, pardon the pun, on autopilot. Watch out for stopped emergency vehicles.

      • OutlierBlue
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        2
        ·
        1 year ago

        It takes a long time for changes to trickle through the system.

        But yeah, it’s probably not going to happen.