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submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.

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[-] TheDarkKnight@lemmy.world 2 points 11 months ago

In addition it’s not a stable, safe choice anymore because of the volatility of leadership. Musk’s increasing erratic behavior does not inspire confidence that Tesla will continue to be the darling it once was.

this post was submitted on 13 Jan 2024
141 points (87.7% liked)

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