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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead (finance.yahoo.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[-] kameecoding@lemmy.world 11 points 1 year ago* (last edited 1 year ago)

Tesla is already in trouble.

Hyundai Ioniq 5/6, Kia Ev6.

VW ID line.

Ford F150 Lightning.

Those are the things that will absolutely decimate Tesla's market share. Known brands that can actually put together cars without basic issues like Panel gaps and paint issues.

Ones that reject the absolutely dangerous and moronic UX of putting everything onto a big screen instead of having physical buttons.

this post was submitted on 23 Aug 2023

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