If Tesla Shares (and Alleged Value) Fell 55% (From $489 to $222) in a Few Months Maybe It's Not Worth Anything At All (It's Just Gambling)
Tesla swasticars have turned from a "status symbol" into a "public embarrassment" and cause for casual humiliation
Tesla Inc profits fell to almost nothing. Is Tesla Inc back to operating at a loss with considerable debt? If so, is Tesla Inc really worth trillions and was it ever worth anything (except on paper)?
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Many people are in a panic to sell their swasticar. They view it as a liability, a burden, and generally an embarrassment. They realise that over time disposing of (selling) these may get harder because more and more used ones get listed ("competition").
Take a moment to think what this means. For many years Tesla was just losing money. That was well before PR blunders and tariffs. Now some people feel like it's a lot safer to avoid those cars or unsafe to drive around in one.
Tesla Inc will become one more (among many) company to show how supposedly valuable brands are just transient, volatile hype. Owners of swasticars will struggle to repair these; replacement parts will become scarce and thus extremely expensive. The more complex the car, the more complex (and pricey) the repairs will be.
The "market value" of a swasticar is closely related to expected length of "service"; it's not looking good right now. █