Technology

60078 readers

3496 users here now

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

Our Rules

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

Approved Bots

founded 2 years ago

MODERATORS

359

Tesla's Cybertruck may not be so stainless after all (www.theregister.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

91 comments fedilink hide all child comments

Tesla's Cybertruck may not be so stainless after all::'Literally bulletproof' but needs constant cleaning to stave off corrosion

you are viewing a single comment's thread
view the rest of the comments

[–] Buffalox@lemmy.world 10 points 10 months ago* (last edited 10 months ago)

The stock is down 30% since June, if you want more context, it's lower now than it was January 2021. Meaning if you've been holding Tesla stock for 3 years, you are in the red. This In a period where inflation has also undermined the value.

Seems to me that a warning that Tesla might not be a good stock to hold anymore is in order.

https://finance.yahoo.com/quote/TSLA/

The big picture is that Tesla is really only worth 5-10% of the current market cap, when you compare to for instance VW.