Comment by simondotau
15 hours ago
I still remember when people were laughing at the Tesla Model 3 as vapourware, as a scam, and proof that Musk was operating a ponzi scheme.
15 hours ago
I still remember when people were laughing at the Tesla Model 3 as vapourware, as a scam, and proof that Musk was operating a ponzi scheme.
I still remember when Tesla was going to sell 20 million cars per year: https://www.reuters.com/business/autos-transportation/tesla-...
Now, mysteriously, Tesla's new target is 20 million in total by 2035: https://www.nytimes.com/2025/09/05/business/elon-musk-tesla-...
That'll be fewer cars sold in what will then be the 32 year history of the company than Toyota sold in the last two years.
And, given that Tesla is typically full of lies and hype, maybe they won't even achieve the new target.
I can’t control the stock price or the hype cycle. I’m only interested in past and present outcomes.
The present outcome is Tesla's sales are down for the second year in a row even though the global EV market is growing.
That result comes from a combination of competition, product flops, and self-inflicted brand damage. Swasticars aren't good for sales.
It never did become affordable.
It’s affordable relative to the definition of affordable given at the time. The entry level Model 3 currently sells for $38,630. That's $28,600 in 2016 dollars.
Backwards in time affordability to bend over backwards for a nazi saluter.
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So Tesla is not a bunch of liars after all? Just misunderstood?