Technology

60016 readers

2628 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

197

Tesla seeks to award Elon Musk $56bn pay package | BBC (www.bbc.com)

submitted 8 months ago by filister to c/technology

44 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 8 months ago

Not really news that Tesla has a lot of headwinds, even before Elon’s peculiarities and ‘leadership’ is factored:

Was disruptive in early 2000s, now suffering from many of the same diseconomies as the auto industry
Vertical integration especially introduces huge CapEx that has to justify its continued existence via regular, strong sales. There’s a very good reason the big automakers sub-contract out a significant part of their BoMs for production and JiT stocking
Traditional auto makers (and government) are pushing EVs hard, greatly increasing competition especially in entry level markets where Tesla has poor showing
High profile recalls, durability issues, and ‘autopilot’ deaths leading to growing concern, both regulatory and consumer

We all know the stock is massively overvalued. The question is will it correct and level off, or fall so fast from that height that Tesla ends up like Lucid, Rivian, or Polestar etc as a low-mid manufacturer, or go so far that the short sellers bring the knives out until delisting