The US firm faced a difficult year with unease over chief executive Elon Musk’s political activities and stiff overseas competition.

  • skisnow@lemmy.ca
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    4 days ago

    It’s insane, the crazy high PE ratio was predicated on the idea that Tesla would be the only game in town for EVs or self-driving cars worldwide, but now both of those are obviously not happening I can only conclude there’s some sort of sunk cost fallacy at play.