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[-] NikkiDimes@lemmy.world 3 points 7 hours ago* (last edited 7 hours ago)

People don't even read. They have record sales right now, the issue isn't that people aren't buying their cars.

The reason for the tank is because of how much money Tesla is spending on expansion; robotaxi rollout, data centers, and Optimus are sucking up short term funds in seeking out long term profits. Investors and the stock market hate this, but it's nothing more than a temporary blip.

[-] 1984@lemmy.today 1 points 6 minutes ago* (last edited 5 minutes ago)

It's the same reason why other tech companies are falling too, like alphabet. The giant spending on AI surprised the market, which is strange, since it hasn't been a secret. But the stock market is always over-reacting, which is why it's easy to make money long term.

People without experience get scared and sell their stocks, until they get the needed experience to either sell and buy something on the way up, or don't sell and wait it out.

[-] eestileib@sh.itjust.works 5 points 7 hours ago

Right but those are all speculative, and unlikely to ever turn a profit. Optimus is a charade.

[-] NikkiDimes@lemmy.world 5 points 7 hours ago

If those ventures fail, they cut their losses and fall back on their cars which are doing wildly well and it's back to business as usual. They have like 1.5 million active FSD users, nearly half of which are paying a monthly $99. They just added 200,000 more this quarter alone.

Don't get me wrong, fuck Tesla, I wish to see Elon destitute and miserable. But it's just not realistic, in my opinion.

this post was submitted on 25 Jul 2026
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