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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead (finance.yahoo.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[–] Ghostalmedia@lemmy.world 4 points 1 year ago (1 children)

They’re already in the states. Example: Volvo / Polestar

[–] ramble81@lemm.ee 11 points 1 year ago

Big difference there. Volvo may be owned by a Chinese company but they're made in the US and Europe (except the S90) and are designed by Swedish engineers. That's like called Jaguars and Land Rovers Indian since they're owned by Tata.

The cars that GP are referring to are entirely designed and built in China.