alt Hacker NewsGood. Seems like the sales decline will reach the US eventually too. Even Toyota is coming out with compelling EV products this year.
Tesla came from nowhere, developed essentially one world-dominating product (lumping the 3 and Y together), then the CEO basically ruined everything.
Imagine Tesla with a "normal" CEO and marketing department. They would have a bunch of different trims and options for the 3/Y, a redesigned X, a functional truck, and a market cap of 400 billion!
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> market cap of 400 billion
And hence Musk will be the CEO.
Tesla has a marketing department. It just refuses to talk to anyone except to talk at journalists...and journalists are so desperate to get quotes, they'll put up with it.
When Tesla started with the "no marketing department" nonsense, the press should have just stopped quoting them or covering them. Especially given that half the things Musk says are blatant lies.
>then the CEO basically ruined everything.
Is it me or do the nay-sayers state that Elon is a grifter and added nothing to Tesla, but yet he ruined it? How can he both not create something and ruin it?
Also, Tesla isn't the only manufacturer (In the US) stopping electric cars, Porsche (IMO Taycan is the best electric model) is essentially stopping electric cars too, nothing to do with Elon.
Just my observation.
> Tesla came from nowhere, developed essentially one world-dominating product (lumping the 3 and Y together), then the CEO basically ruined everything.
It seems strange to attribute only the fall -- and not the rise -- to the CEO
TSLA market cap is 1.29 trillion today.
Of course, with a P/E ratio of over 381