"the beleaguered auto and tech company"

It's not a Tech Company. Saying you are doesn't make you one.

Partisans always think its politics and race. Meanwhile
celebrities are going out and buying cyber trucks. Even don lemon demanded one as part of his contract.

The EV demand curve flattened faster than Covid. When you are the most overvalued car company and only sell EV, your market cap collapses with it.

And the next time gasoline spikes?

#5 | POSTED BY DANFORTH AT 2024-03-16 10:07 AM | REPLY

We're in the middle of a spike. Gas prices are up significantly since 2015. They only fell YoY from 2023 to 2024 by 20 cents, but they're up a dollar since 2015, without adjusting for inflation. EV growth flattened despite the spike.

Tesla burned through the early adopter demand. It's reflected in their price cuts which depreciated the entire EV market.

and those retail gas averages are from eia.gov

EV market cap was built on hype which created a bubble of perceived demand. Tesla was given valuations higher than every single car manufacturer combined. People that said that was nonsense were attacked as Captain Planet villains trying to destroy the planet.

Yes. I said as much while it was happening. You personally perpetuated the lies and bought a car. Now your character arc has come full circle. It's cute.