Replies to post #85763 on Tesla Inc (TSLA)

[TMaga]

Exactly. Plus it was just one of Elon's many lies. I had a trimotor ordered for $69,000 I thought and it was supposed to get 500 miles of range. Then I was told the beast was $120,000 with the larger battery and it gets only 300 miles of range. I cancelled it. Sick of Elon's lies. Battery day one and battery day two, both BS. You can't trust Tesla anymore. The stock price reflects it and they lost 30% of their institutional investors as well.
Now Tesla is shedding 10% of it's workforce with some execs leaving as well.

[JJ8]

Automobile production and sales is tough business. And, probably "pathetic" vehicles require longer time to design and produce. As Musk is ready to produce them after several years later than promised at a fast clip, the demand begins to shrink. However, layoffs are easy since he is against unionization.

[la-tsla-fan]

I guess THAT is why people are willing to pay tens of thousands extra…