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509

Tesla Stock Price Reaches 'Death Cross' Status (gizmodo.com)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] primemagnus 154 points 2 days ago (2 children)

The fact it’s still at $250 per share as of writing this is still alarming af.

[–] [email protected] 47 points 1 day ago* (last edited 1 day ago) (2 children)

Yeah, it's absurd.

The CEO is nearly universally reviled.
They have the worst build quality of any vehicles sold in the USA.
They are notoriously unsafe.
They had to stop selling Cybertrucks because they had 8 recalls in a row and are literally held together with glue
They were just hit with the most expensive recall of all time on their self driving bullshit.
They are underwater in Europe & China.
I probably have forgotten something.

The earnings call on the 22nd should be very interesting.

[–] primemagnus 8 points 1 day ago* (last edited 1 day ago) (2 children)

You forgot:

Caught numerous times deliberately misleading the public about build quality, safety, and features (current and upcoming).
Bizarre ergonomics that contravene many existing safety standards (e.g., the brake lights on the Cybertruck).
CEO uses his influence for stock manipulation, regularly
Notorious racist corporate culture that also denigrates women and other ethnicities
99% of their profits come from the resale of carbon credits. They have only made a profit off cars for roughly 2-3 quarters in their history of existence.

I’m sure I’m forgetting a bunch of other stuff.

Edit: Here’s one right off the press, still hot: https://arstechnica.com/cars/2025/04/tesla-makes-its-cars-lie-about-their-mileage-lawsuit-claims/ 😆 🤦‍♂️

[–] phx 1 points 1 day ago

Well, in Canada they got caught faking last-minute sales for EV rebates, which might trigger closer scrutiny in other places as well

[–] [email protected] 2 points 1 day ago (1 children)

How do we have different bullet points on our lists?

[–] primemagnus 2 points 1 day ago (1 children)

I’m using Voyager they both look the same to me. I don’t know how this client sends posts. I used a simple dash before each new line and it auto completed to a list.

[–] [email protected] 1 points 1 day ago

Interesting, I used the list button on the web based editor.

[–] [email protected] 13 points 1 day ago (1 children)

They steal from OpenSource, they're a privacy nightmare ?

[–] [email protected] 15 points 1 day ago (1 children)

I wish the market actually gave a shit about those things.

[–] primemagnus 4 points 1 day ago

People only seem to when things go tits up. Like “I guess I should have read the boat safety manual because now I’m stuck out at sea, fuck.”

If we didn’t let greed win at every turn, maybe we wouldn’t be in this state.

[–] [email protected] 7 points 1 day ago (1 children)

Stop the sale of carbon credits and you'll really see the stock dip.

[–] primemagnus 3 points 1 day ago

Considering that’s 99% of their total gross profits year over year, lol