this post was submitted on 11 Oct 2024
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United States | News & Politics

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Tesla’s value drops $60bn after investors fail to hail self-driving ‘Cybercab’ (www.theguardian.com)
submitted 1 week ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] davel@lemmy.ml 6 points 1 week ago

Never overestimate the intelligence of investors.

[–] PolandIsAStateOfMind@lemmy.ml 3 points 1 week ago

There were already several cases of accidents while selfdriving and Tesla defense is "it isn't a selfdriving", and during this they announce a "robotaxi"?

[–] Anderenortsfalsch@discuss.tchncs.de 2 points 1 week ago

Nah, the value didn't drop becaue it has even less value. The bubble let some air out in a stinking fart, because people start to realize that's what coming out of Musks mouth: "Warm air and nothing of substance."