this post was submitted on 23 Aug 2023
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All the other majoe manufacturers sell way more vehicles than Tesla, and are rapidly pivoting to the electric market. Tesla is pretty fucked.
https://www.google.com/amp/s/www.cnbc.com/amp/2023/06/15/teslas-us-electric-vehicle-market-share-could-drop-to-18percent-by-2026.html
They have big problems. They are way overvalued, and other manufacturers are catching up who are geared for higher levels of mass production. And once the share price starts falling there's the risk that it can cause a feedback loop.