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Originally Posted by e90335e36m3
That’s real inside the box thinking, antzcrashing or maybe Cathie Wood will need to enlighten us. Those are the common sense questions any common sense investor should ask. Tesla’s market share erosion as a car manufacturer is inevitable, so hopefully Tesla as a “technology” company continues to evolve at an astronomical pace, because their vehicles sure haven’t. Hopefully the Cybertruck or their big rigs answer their prayers, because Tesla hasn’t made anything innovative in over 5 years. A Plaid? Wow a large battery to make the car go faster. How novel. The build quality sucks, the interior quality, sucks, the software, sucks. I bet 100% of Tesla consumers would take Apple CarPlay over a the sights and sounds of burning wood.
Will Tesla rebound? I’m sure it will. Will it ever justify a 50+PER, surely not.
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The Tesla brand is becoming stale. I am seeing very cool EVs on the road (namely Kia) and more and more teslas are becoming Ubers. It’s not cool to own a Tesla anymore. They need a fresh redesign.