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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 [email protected] to c/[email protected]

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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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[–] [email protected] 6 points 1 year ago (1 children)

Have they even released that damn truck? It’s been years and I haven’t seen one while the s,3,x, and Ys are everywhere when I go to work

[–] [email protected] 12 points 1 year ago (2 children)

Nope. First production one completed in July, nearly four years after the first press release. Supposedly customer deliveries at some point of Q3 2023, which is basically down to a month left.

https://www.notateslaapp.com/news/1519/tesla-officially-completes-first-cybertruck-but-we-ll-have-to-wait-for-first-deliveries

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago) (1 children)

The first truck was also "completed" right before their quarterly earnings, which I'm sure was a coincidence. No other trucks have been publicly shown to be assembled.