Tesla sales plunge again in Australia in February, with the Model 3 slumping more than 81 per cent compared to the same month a year earlier.

Tesla sales plunge again in Australia in February, with the Model 3 slumping more than 81 per cent compared to the same month a year earlier.

  • Mitchie151@lemmy.worldEnglish
    3·
    4 days ago

    Yep, Tesla’s early agility and willingness to try outrageous things with the tech in the vehicle is what set them apart but they started a trend that China has gone running with. Now they aren’t keeping up on any front and are way more expensive. Not to parrot the typical sceptic too much but I definitely think Tesla is massively overvalued and once people start seeing it as a traditional automotive stock in a market of very capable competitors, the correction will be devastating.

    • GaMEChld@lemmy.worldEnglish
      2·
      4 days ago

      Oh absolutely, Tesla has been overvalued for ages, and their Quality Control is trash. I hear they can’t even build with consistent tolerances between panels.