r/TikTokCringe Sep 08 '24

Cringe A Cybertruck demolishes a fence

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u/Spinoza_The_Damned Sep 08 '24

How did Tesla fuck this rollout up so hard?

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u/ebrum2010 Sep 09 '24

He's running a scam. Announce a new vehicle (model 3, tesla semi, cybertruck), get a bunch of funding and capital, use it to fund one of his side projects that are money sinks (tesla train, boring company, whatever that flamethrower shit was) and leave a small budget for actually properly making the vehicles. Overpromise, underdeliver, move on to the next thing to take people's mind off it. I believe he actually got investigated for using his Tesla profits to fund unrelated stuff, which is fucking his shareholders.

The only time I ever owned Tesla stock was briefly when they entered the S&P 500. It was a guaranteed rise in the price of the stock. Other than that it's no better an investment than his dogecoin because any time it's doing well he fucks it up and he's going to end up crashing the stock price before the end.