• BarneyPiccolo@lemmy.today
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    9 hours ago

    Sales are tanking, profits are tanking, and he’s being forced to abandon his precious “SEXY” branding, by ditching the S and the X. Now it’s just “EY.”

    Tesla has crashed, and is NEVER coming back. Sales/profits will continue to slip with each earnings report. The only thing keeping it afloat is because it is held in massive institutional investment accounts, but as it continues it’s inexorable slide, those institutional accounts will start to sell down, accelerating the slide, until they all bail, and Tesla stock nosedives.

    Tesla will be bankrupt in 2 years.