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Joined 2 years ago
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Cake day: June 18th, 2023

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  • Tesla is definitely dying unless they can turn this around quickly.
    Surplus capacity is expensive, and I bet they are already operating at a loss. And turning around a bad reputation is hard.
    Their models are dated, the cheap Tesla is cancelled, the Cybertruck is a catastrophic fiasco, and the model Y has already lost a lot of popularity, so even a new mode already said to be mostly a facelift, is unlikely to make a huge difference.
    The drop in sales in January in EU is 50%, and they are losing market share in China and USA too. So I think the actual drop is higher now than 8%.
    Note that for Nissan a 5% drop last year was called catastrophic!! And their survival is also questioned, and they are way bigger than Tesla.