• Investors, analysts and the general public seem deeply unimpressed with Tesla’s robotaxi event earlier this week.
  • Tesla’s stock closed down 8% on Friday, when it was supposed to be a propulsive event for the company.
  • CEO Elon Musk has vowed to make Tesla into an AI and robotics powerhouse, but proof of this plan feels in short supply.
  • @clutchtwopointzeroEnglish
    38•6 hours ago

    He is constantly moving into the new thing and investors (especially institutional ones) must be noting the executive neglect

    • @WhatAmLemmyEnglish
      23•3 hours ago

      It’s about time, really. He went off the deep end 5-6 years ago and proved he was just an arrogant salesman; the engineers/workforce is what achieved the consistent, iterative successes in SpaceX and Tesla for the decade prior. Since then he’s done nothing but pump the stock with hopes and dreams (and financial crimes), and he’s probably been a negative weight on productivity in all of his companies.