this post was submitted on 23 Aug 2023
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Tesla's value plunged nearly $200 billion since mid-July – 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.

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[–] cyborganism@lemmy.ca 14 points 1 year ago (1 children)

Maybe the investors should all vote on kicking Elon out of the company.

[–] BB69@lemmy.world 5 points 1 year ago (2 children)

It would require 89.5% of outside investors to vote against him.

Only congress has an approval rating of 9.5 or lower.

[–] cyborganism@lemmy.ca 1 points 1 year ago (1 children)

With how their stock is losing value due to Elon and the reputation he puts on Tesla's products, that wouldn't be very hard I would think.

[–] BB69@lemmy.world 1 points 1 year ago (1 children)

It’s over double what it was at the beginning for the year. How is it losing value?

[–] cyborganism@lemmy.ca 1 points 1 year ago (1 children)

So... What the duck is the article saying then?

[–] BB69@lemmy.world 1 points 1 year ago

Same as every other article about tesla.

What you want to hear so you click and give them revenue.