• Investors, analysts and the general public seem deeply unimpressed with Tesla’s robotaxi event earlier this week.
  • Tesla’s stock closed down 8% on Friday, when it was supposed to be a propulsive event for the company.
  • CEO Elon Musk has vowed to make Tesla into an AI and robotics powerhouse, but proof of this plan feels in short supply.
  • @scarabic@lemmy.worldEnglish
    6•6 hours ago

    Here’s their all time stock price graph. Not exactly a death spiral, though that 3y performance number makes it sound so. The 1, 2, and 5 year numbers don’t tell the same story. You might even say it was a bit of a cherry pick.

    Disclaimer: I own no TSLA shares. I just know how to manipulate stats for effect, so I know when it’s being done to me :)