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submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world

Tesla's value plunged nearly $200 billion since mid-July โ€“ 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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[-] Staccato@lemmy.world 2 points 2 years ago

Honestly, tesla would probably do better to fucking fire Musk as CEO. He holds less than 13% of the shares according to a 10-second Google search, so it doesn't seem like he has unassailable control of the company.

If I were any of the other large shareholders I'd be fighting like hell to get a better CEO. Musk has switched from asset to liability.

[-] set_secret@lemmy.world 2 points 2 years ago

same, my hope is they'll turf him soon and people can less obliged to hate on Tesla again.

this post was submitted on 23 Aug 2023
649 points (97.0% liked)

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