this post was submitted on 17 Dec 2025
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[โ€“] TheDemonBuer@lemmy.world 35 points 4 months ago (10 children)

If driverless taxis ever go mainstream (and that's a big if), it will be from companies like Waymo, not Tesla. Tesla shouldn't be seen as a serious company. I mean, they do sell legitimate products, but their $1.6 trillion market cap isn't based on what they sell today, but what their cult member investors think they're going to bring to market in the future. You know, all the stuff that will usher in the post-human, techno utopia. It's all nonsense, and someday it will all come crashing down, though that could take a while. People can stay delusional for a long time.

[โ€“] BarneyPiccolo@lemmy.today 5 points 4 months ago

Tesla is already broke, the magic bubble has popped, and they are on a steady slide to bankruptcy. They will NEVER recover their mojo. The institutional investors will keep them alive for a while, but they are already Wile E. Coyote, hanging in mid-air, and hasn't realized there's nothing under their feet yet.

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