Tesla (TSLA) shareholders have been getting excited on social media a few “Tesla prototype” that turned out to be a competitor’s prototype automobile.
A brand new electrical automobile prototype began displaying up on social media, and Tesla shareholders began sharing it, assuming it was a Tesla prototype.
A Tesla shareholder a part of the “Rebellionaire” group on X, a gaggle of Tesla inventory pumpers, even shared it, claiming that it’s “what will get him extremely bullish” on Tesla:
The one downside is that it wasn’t even a Tesla prototype.
Faraday Future (FF) got here out and confirmed that it’s a prototype mule of their new ‘Faraday X’:
That’s our testing automobile, a Faraday X Prototype Mule.
FF is healthier recognized for its very high-end FF91, however it’s at the moment growing inexpensive next-generation automobiles beneath its new Faraday X model.
Tesla shareholders acquired excited as a result of some are nonetheless holding on to the concept that Tesla goes to launch new cheaper electrical automobiles beneath new fashions.
This is because of CEO Elon Musk falsely denying a report that Tesla canceled its cheaper electrical automobiles primarily based on its next-gen platform (NV91-92) in favor of the ‘Cybercab’ and stripped-down variations of the Mannequin 3 and Mannequin Y.
Tesla has confirmed all that of their most up-to-date monetary outcomes and earnings calls, however some are nonetheless holding on to the concept that Tesla plans to launch fully new fashions on account of Musk’s feedback.
Electrek’s Take
I feel a part of Tesla’s issues proper now are on account of its shareholder base not recognizing its issues and blindly believing what Elon Musk says, regardless of a protracted historical past of deceptive and plain improper.
It is a prime instance.
Tesla has now confirmed what we’ve got been reporting for a 12 months: the brand new automobiles are simply going to be stripped-down variations of Mannequin 3 and Mannequin Y.
No new fashions are coming to market aside from supposedly the Cybercab, however so long as that is solely deliberate and not using a steering wheel, it’s ineffective till it might probably resolve unsupervised self-driving, which it has but to do.
It is a downside that shareholders are both ignoring or don’t consider.
Tesla launched a single new mannequin within the final 5 years, the Cybertruck, which was a industrial flop.
In some unspecified time in the future, shareholders should get up and understand that Musk is destroying Tesla’s EV enterprise and that self-driving automobiles will not be coming to save lots of the day.
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