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.

  • TWeaK
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    211 months ago

    Apple have decent reliability and stylish fit and finish. If you compare Tesla with the major manufacturers, even if you’re not getting full EV the quality of the vehicle is much better with the other manufacturers.

    A phone or computer is a small fraction of the cost of a vehicle, and vehicles have ongoing costs to be considered. When people do this, which happens more often with cars than with small devices, Tesla comes off worse. While Tesla does have a bit of an iPhone persona, that isn’t worth as much in the car market.