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Apparently their profit is a couple billion, market share is dropping, [1] and they've promised revolutionary products without delivering for a decade now. A mu
by forgotoldacc 1y ago
Apparently their profit is a couple billion, market share is dropping, [1] and they've promised revolutionary products without delivering for a decade now. A multitrillion dollar valuation for a company in decline that fails to deliver innovative or quality products, and a trillion for a dude driving it into the ground, is an interesting quirk of 2010s-2020s economics.
[1] https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-2025-Update.pdf https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-...
- DoesntMatter22 1y agoStill profitable while other competitors are losing money like BYD and a bunch of traditional gas manufacturers. They have already released multiple revolutionary products including the first real electric car and then the model y which is the best selling car in the world. Tough economic situation for a car manufacturer. If you consider running a profitable company during a tough situation and unprecedented tariffs to be "driving into the ground" that's up to you. Considering Ford and everyone else is absolutely getting clobbered in electric vehicles I do find that comical