Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
So Tesla’s have quality issues I agree with, Elon is an asshole I also agree with. But not all Tesla’s are a Plaid. They start at $35k, the Y at 40k. They are most assuredly not luxury vehicles and I’m not sure why people keep thinking this.
That’s a starter price, not a finisher price. (Apologies to IASIP.)
That’s still not luxury in this market. I priced one myself ended up at 48k. That’s not luxury anymore in this market.
But I digress. I’m not a Tesla lover or anything just saying they’re not luxury cars. I don’t even have an EV yet and don’t want a Tesla.
It’s more than I’d pay, which also doesn’t make them luxury prices.
However, until pretty recently they were much more expensive than they currently are which is why there’s a lagging perception of them being luxury.
It certainly isn’t the quality.