750
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

Tesla's value plunged nearly $200 billion since mid-July โ€“ and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.

you are viewing a single comment's thread
view the rest of the comments
[-] Edgelord_Of_Tomorrow@lemmy.world 36 points 11 months ago

Chinese EVs absolutely have quality problems, but they are half the price. Tesla's are sold at luxury prices with third rate QA.

[-] Honytawk@lemmy.zip 11 points 11 months ago

Chinese quality has gone up in the last 20 or so years since they transitioned from poor to industrial country. You can't cling to the cheap knockoffs you buy on Aliexpress either.

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

Yeah China has shown they can make good stuff but their safety ratings are still very below par.

[-] dragoness@lemmy.zip 1 points 11 months ago

So Tesla's have quality issues I agree with, Elon is an asshole I also agree with. But not all Tesla's are a Plaid. They start at $35k, the Y at 40k. They are most assuredly not luxury vehicles and I'm not sure why people keep thinking this.

[-] aesthelete@lemmy.world 3 points 11 months ago

They start at $35k, the Y at 40k.

That's a starter price, not a finisher price. (Apologies to IASIP.)

[-] dragoness@lemmy.zip 2 points 11 months ago* (last edited 11 months ago)

That's still not luxury in this market. I priced one myself ended up at 48k. That's not luxury anymore in this market.

But I digress. I'm not a Tesla lover or anything just saying they're not luxury cars. I don't even have an EV yet and don't want a Tesla.

[-] aesthelete@lemmy.world 1 points 11 months ago

It's more than I'd pay, which also doesn't make them luxury prices.

However, until pretty recently they were much more expensive than they currently are which is why there's a lagging perception of them being luxury.

It certainly isn't the quality.

this post was submitted on 23 Aug 2023
750 points (96.9% liked)

Technology

57226 readers
5318 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS