this post was submitted on 20 Dec 2023
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That's the issue with these brands that come about acting like they have the best new ideas, do things differently because they don't have 100 years of baggage and with that do things better because they go forward with a modern mindset.
It's true to an extent, except that you don't have the advantage of 100 years of trial and error to figure out what research, default practices and QA you have to do not to have a percentage of your cars have their wheels fall off.
The funniest part is they tend to fail on the things that have already been sorted out in that 100 years of trial and error because they focus on the new hotness. Suspensions and axles breaking is failing automotive basic design.
Dont forget that somehow Teslas market cap is 800+ billion somehow based on the hype around a nonexistent FSD, while VW group, Stellantis and the Hyundai Group combined doesnt hit 200 billion
The EV marlet share of tesla hasnt grown in 2 yesrs being stuck around 7-8 percent and afromentioned groups are showing increased sales across their EV portfolios, a smart wealthy man would short the fuck out of tesla as it will not survive more than 5 years
I shorted TSLA once and got burned. Tesla stock fan base can keep pumping the stock up for longer than you can hold your puts.
oh yeah, that's why I am not doing it either, otherwise it would be a prime short stock