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Tesla's Cybertruck may not be so stainless after all (www.theregister.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Tesla's Cybertruck may not be so stainless after all::'Literally bulletproof' but needs constant cleaning to stave off corrosion

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[–] Buffalox@lemmy.world 10 points 9 months ago* (last edited 9 months ago)

The stock is down 30% since June, if you want more context, it's lower now than it was January 2021. Meaning if you've been holding Tesla stock for 3 years, you are in the red. This In a period where inflation has also undermined the value.

Seems to me that a warning that Tesla might not be a good stock to hold anymore is in order.

https://finance.yahoo.com/quote/TSLA/

The big picture is that Tesla is really only worth 5-10% of the current market cap, when you compare to for instance VW.