this post was submitted on 26 Jan 2024
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[Dormant] Electric Vehicles

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Elon Musk warns Tesla workers they'll be sleeping on the production line to build its new mass-market EV (www.businessinsider.com)
submitted 9 months ago by MicroWave@lemmy.world to c/evs@lemmy.world
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  • Elon Musk said Tesla engineers may have to sleep on the line to build the company's next-gen EV.
  • Tesla workers have previously said they slept on factory floors during production ramp-ups.
  • Tesla is working on a mass-market EV, which it expects to start producing in 2025.
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[–] SatanicNotMessianic@lemmy.ml 16 points 9 months ago (1 children)

I’m not going to be shorting TSLA. I’m a firm believer in the adage that the market can remain wrong longer than you can remain solvent.

I really do feel like the blush is off the rose, though. I think Elon lost it sometime during the Model 3 supply chain fiasco, and that his very public decline has been accelerating ever since.

I just don’t know what happens to Tesla once this too fails. Virtually all of their valuation is based on the Trump-level hype machine that is Elon, so getting rid of him will crash the stock like a Tesla in self driving mode. On the other hand he’s very publicly circling the drain.

[–] theodewere@kbin.social 8 points 9 months ago

i wouldn't wager on that stock one way or the other.. he manipulates the hell out of the price, and either way your money depends on a madman..