Rule5: we should use the original titles. As clickbaity as this original title is, I’m keeping it.
That being said, its an interesting analysis to the headwinds of Tesla moving into 2024. As yall may know: Tesla was forced to drop prices more than almost every car manufacturer out there. Cybertruck is seemingly a dud (lots of people canceling orders, poor performance in practice, etc. etc.) and Elon’s reputation continues to tank as he tweets more-and-more on Twitter.
That and they aggressively hid how bad their products are. To save shareholders, they concocted reasons to deny legitimate warranties. I hope the news of this and the lawsuits tanks them. They are anticompetitive trash.
I doubt they will fold completely, but they won’t be anywhere near as profitable going forward.