547
Tesla Is Sitting on a Record 50k Unsold EVs (insideevs.com)
submitted 5 months ago* by to c/technology@lemmy.world
166 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 31 points 5 months ago (3 children)

They are cashing in production tax incentives and cooking the books. GM did the same thing 2008 before it all collapsed.

Elon was hoping everyone would just forget his antics.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 2 points 5 months ago (1 child)

    GM did the same thing 2008 before it all collapsed.

    Along with financial chicanery, the only part of GM that was profitable was GMAC. Their shitty cars are loss-leaders for a predatory finance operation.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 1 point 5 months ago

    Tesla in Canada has parking lots full of cars they registered to grab and incentive, then the CDN government told them to fuck off. Meanwhile, the cars just sit and rot. Tesla is trying to sue, but they don't stand a chance.

    Tesla is already half what it was in 2024. it will be dead as a car company by end of 2027, about the time multiple internet satellites will have been launched to kill starlink.

  • permalink
  • fedilink
  • source
  • parent