Tesla

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

founded 2 years ago

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Tesla electric car sales plunge again in Australia - Model 3 down more than 81 per cent (thedriven.io)

submitted 3 months ago by [email protected] to c/[email protected]

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Tesla sales plunge again in Australia in February, with the Model 3 slumping more than 81 per cent compared to the same month a year earlier.

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[–] [email protected] 3 points 3 months ago (1 children)

Yep, Tesla's early agility and willingness to try outrageous things with the tech in the vehicle is what set them apart but they started a trend that China has gone running with. Now they aren't keeping up on any front and are way more expensive. Not to parrot the typical sceptic too much but I definitely think Tesla is massively overvalued and once people start seeing it as a traditional automotive stock in a market of very capable competitors, the correction will be devastating.

[–] [email protected] 2 points 3 months ago

Oh absolutely, Tesla has been overvalued for ages, and their Quality Control is trash. I hear they can't even build with consistent tolerances between panels.