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Tesla's value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead (finance.yahoo.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[–] Staccato@lemmy.world 2 points 1 year ago (1 children)

Honestly, tesla would probably do better to fucking fire Musk as CEO. He holds less than 13% of the shares according to a 10-second Google search, so it doesn't seem like he has unassailable control of the company.

If I were any of the other large shareholders I'd be fighting like hell to get a better CEO. Musk has switched from asset to liability.

[–] set_secret@lemmy.world 2 points 1 year ago

same, my hope is they'll turf him soon and people can less obliged to hate on Tesla again.