Summary
Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%.
Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues.
Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter.
Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.
Has he considered resigning?
That’s not enough. As long as Musk owns even one share of Tesla, he makes money each time a Tesla car sells, and a lot of people including I can’t stomach that.
I might consider purchasing a Tesla vehicle if I knew Musk doesn’t get any of my money. As long as he gets even one cent of my money, I’ll buy some other brand.
The whole board and major investors condoned this. Fuck the whole brand. Now and forever. They don’t need to be redeemed if they do the right thing, we’ll be fine without them. The smart people that actually make things happen will go work for better companies.
He handpicked the board
Exactly. Fuck them.
From life…
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Reinstate Eberhard and Tarpenning.
If he resigns, Tesla becomes just another car company. Car companies get a P/E ratio of 7 (if they’re well run). Tesla’s P/E ratio is above 160. Elon Musk’s “genius” leadership is how Tesla investors have convinced themselves that they’re not investing in a typical car company. If he goes, the stock tanks. But, then again, if he stays, the stock tanks because he’s clearly not a genius, and even if he was he’s an evil genius and people don’t want to buy cars associated with his brand.
Weird way to say fuck off to Mars.
There are other, indirect ways to hurt Tesla.
For example, when I call a cab, I tell the dispatcher I don’t want to ride in a Tesla taxi. And one dispatcher a few weeks ago told me I wasn’t the only one requesting that.
Tesla doesn’t need him to refocus, the damage is done. He fucked it all up trying to impress everyone at 4 chan with his nazi salutes, deal with it chainsaw performance, firing thousands of people nonchalant, etc.
As long as he’s tied to the brand in any way it’s cooked.
But he looked cool wearing the cheese head before he fucked up his attempt to corrupt the Wisconsin judiciary, right?
He had to emphasize on the Roman salute twice
What a fucking loser
Goodbye, Tesla, and good riddance. Some salutes will never be forgotten.
It’s all fun and games until your billion dollar company gets taken down.
Become a Nazi lose your company. You have been warned.
I’m afraid we need a good ryme, or a 3 word chant in order for it to actually resonate… anyone got a go woke go broke equivelant for nazi’s or white supremacists.
Go nazi go kamikaze?
go fash, lose cash
Go Fascist get your ass kicked?
Go Musk, go bust?
Die nazi
At our march they were chanting
No Nazis! No kings!
These are not American things!Good stuff.
He’s tried nothing and Is all out ideas.
Is It Elon that is wrong? No it must be the consumers!
He threw Sieg Heils and is now out of ideas
Ok, hear me out, maybe what he needs is lots more sieg heils? It worked for that mustache dude 70ish years ago, hitler.
If hitler had given up after just 2 sieg heils then not many people would know his name. Come on, Muskrat, show some belief in yourself!!
Does negging his customers count as an idea?
One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.
The logic to support the price is:
Your are not buying the current company, you are buying the cool stuff Elon is making in the future.
Without that leap of faith, the price has to collapse. There is no way an electric car company will ever support even the current stock price.
There will be a tremendous amount of copium ingested before gravity hits, but the bigger fool theory will have its way.
I wonder how many people have gone broke trying to short Tesla. It just doesn’t make sense, but apparently the market has an infinite ability to be irrational.
Textbook example of “The market can stay irrational longer than you can stay solvent.”
One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.
Earnings report is really bad … stock price surges! Make it make sense.
Step down from Doge, open the files and lay bare this administration.
Offer to buyback every single Cybertruck.
Appoint a board of directors elected by Tesla employees, with representatives from each department to manage the long term goals and policy of Tesla.
Make a low cost, highly configurable electric car. Essentially an electric 90’s Civic.
Or better yet. Pay me 500 million a year and I’ll do all of this for you.
The first disassembly line to recover the materials from the swastidumpter. Ha ha!
Nah, I would have the company buy them all back, repair and rebuild them with better parts. In 10 years they’ll be legendary like Deloreans, then quietly open up orders for them.
It’s a win-win. People who want out of the truck now get their money back. The company and die-hard CT fans make a killing when these things become somewhat rare and collectible.
No, no. Finally build that new roadster and trucks! :)
Has he tried stop being a cunt?
Way too late for that. Too many potential customers will now never buy a Tesla as long as he’s associated with the brand in any way. About the only option he has to try to save the brand is to sever all ties with the company and walk away. But his ego will never allow that.
I would buy a tesla, but only if they fire/disown musk, undo every trace of him, and do a complete 180 politically. Oh and make the cars suck way less.
Even in a very optimistic timeline it would take years for Tesla cars to suck less. I don’t think Tesla has that kind of time any more, now that there’s growing competition from big automakers like Honda & Toyota as well as Hyundai, Volkswagen, etc. and all the other EV companies like Rivian.
Those established automakers have a long history of innovating & listening to customers. As their expansion into the EV market grows, they’re going to put a lot of pressure on Tesla to innovate as well, and that doesn’t mean bowing to whatever whims the CEO has.
That’s wishful thinking
- Japanese manufacturers may have started driving toward the party but they’re way late and lost along the road
- US legacy manufacturers will stick with gasoline trucks, and are rolling back their EV efforts
- Rivian and Lucid are promising but still in the business of a small number of niche models. Rivian may change that in the next couple years but it’s not a given
So, Hyundai/Kia. And we’re wondering why Chinese companies look like they’re about to take over
Honda and Toyota are flopping HARD on EVs. Their EVs suck, like worst in the market suck. Hyundai / Kia are doing a great job, and VW is boring but okay (now after fixing the 3.0 software debacle).
I wish rivian and lucid had more funding, cause their cars are top notch, but the companies have growth pains.
I can’t speak to Honda’s current line up, but my Clarity PHEV is fricken’ amazing. Best car I’ve ever owned.
I was speaking specifically about BEVs, since we are comparing to Tesla.
Likely correct on paragraph 1, paragraph 2… not so much.
The reason tesla was able to get such a foothold was because they were innovating where the established automakers were floundering.
Tesla understood the Achilles’ heel of EVs and got to fucking work on building out a charging network. This is a strong moat.
In defense of the established automakers, they wisened up and got into the EV market before it was too late. They adapted instead of becoming the next Blockbuster or Kodak.
Any advantage that Tesla had is long gone.
Honestly I think the real nail in the coffin for that company would be if another company like BYD came in and started selling their EVs on the market. Cause unlike Tesla they make decent cars at affordable prices.
Narcissistic personality disorder would never allow such a thing.
If by “being a cunt”, you mean “breathing”: we can only hope.
Who cares. Tesla is run by a Nazi. It doesn’t deserve to survive. Musk doesn’t give a shit about the environment or saving it. He only cares about his bank balance.
🖕Musk 🖕Tesla 🖕Nazis
Again i ask: have you tried not being a nazi bastard?
I mean the option’s right there.
Better CEO choice than Elon Musk.
If your CEO is a Nazi. How many Nazi CEOs do you have?
Elon was never the guy who made Tesla work. He’s just a rich guy who bought it and then had to be insulated from running it because his ideas suck.
The insulation had to happen with spacex and paypal too btw… This guy is not really good.
IIRC one of the big issues with Twitter was it didn’t have anything set up to insulate the business from Musk’s idiot whims.
things really went to shit when he mimicked hitler. maybe in order to reverse it he needs to mimick hitler again. now what did he do to get out of the mess he created for himself?
Fucked his cousin in a ditch and noshed a grenade, IIRC?
Burning your good will with your primary customer base by throwing your weight behind a political group full of the worst of society that has the public support of the statistically poorest in society wasn’t a great long term plan?
Shocking, well not that shocking.
