Tesla (TSLA) shareholders have been getting excited on social media a couple of “Tesla prototype” that turned out to be a competitor’s prototype car.
A brand new electrical car prototype began exhibiting 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 car, a Faraday X Prototype Mule.
FF is healthier identified for its very high-end FF91, however it’s at present creating inexpensive next-generation autos below its new Faraday X model.
Tesla shareholders obtained excited as a result of some are nonetheless holding on to the concept that Tesla goes to launch new cheaper electrical autos below new fashions.
This is because of CEO Elon Musk falsely denying a report that Tesla canceled its cheaper electrical autos 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 utterly new fashions because of Musk’s feedback.
Electrek’s Take
I feel a part of Tesla’s issues proper now are because of its shareholder base not recognizing its issues and blindly believing what Elon Musk says, regardless of an extended historical past of deceptive and plain unsuitable.
It is a prime instance.
Tesla has now confirmed what we now have been reporting for a 12 months: the brand new autos are simply going to be stripped-down variations of Mannequin 3 and Mannequin Y.
No new fashions are coming to market apart from supposedly the Cybercab, however so long as that is solely deliberate with out a steering wheel, it’s ineffective till it will probably clear up unsupervised self-driving, which it has but to do.
It is a downside that shareholders are both ignoring or don’t imagine.
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 autos usually are not coming to save lots of the day.
