Comment by SR2Z

Of course, it's 4D chess. This was such a genius move that Tesla profits fell 46% last year and they are ending production of their highest-margin vehicles.

GM wrote down $4B when they reduced their EV production. Despite that, last year GM sold half the number of EVs as Tesla did. If THAT was reduced production by 100%, then Tesla would have been truly fucked had Harris won the election.

Tesla is suffering because Elon Musk was a genius at some point in the past. Then, he got into ketamine and fried his brain.

The cars are expensive, have QC issues, and are facing steep competition from the rest of the world. Tesla's attempt to build an F150 competitor was a disaster, Optimus is years away from being useful for anything, and after 15 years of "We'll totally release FSD this year!" the market seems to finally be realizing that it's not going to happen for a little while.

It really sucks to see a perfectly good company get blown to smithereens, but shareholders did choose to bet on the man.