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.
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That’s fine. Tesla was always a meme stock with no substance anyway.
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Has he tried stop being a cunt?
If by “being a cunt”, you mean “breathing”: we can only hope.
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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.
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.
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.
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.
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.
Tesla understood the Achilles’ heel of EVs and got to fucking work on building out a charging network. This is a strong moat.
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.
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?
Die nazi
Go Musk, go bust?
Go Fascist get your ass kicked?
go fash, lose cash
At our match they were chanting
No Nazis! No kings!
These are not American things!Good stuff.
Has he considered resigning?
From life…
Follow_Your_Leader.jpeg
Weird way to say fuck off to Mars.
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.
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.
Reinstate Eberhard and Tarpenning.
Well, someone sure is propping up his fascist memestock.
I’m not a stock market person. I know fuck all about it.
But I’ve been watching the stock for a while now, and that’s the only conclusion I can come to. Someone has to be buying shit loads of the stock to keep it afloat.
One thing that might help is to stop carrying around that human shield. Just a matter of time after that.
All he had to do was shut his fucking mouth. Tesla sells a competitively-price product and has a strong moat with their charging network. He is snatching defeat from the jaws of victory, all because he doesn’t know how to STFU.
Did he try to carry a sink into Tesla?
But you guys, Henry Ford like Hitler toooooo!
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Elon musk, resign bitch.
His real decision is going to be suing everyone that doesn’t buy a tesla.
He should try the Nazi salut. 3rd resets the counter.
Even if one of his ideas were to apologize for the nazi salute I think the “saving Tesla” ship has sailed.
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.
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.
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.”
Bet he regrets stopping people from burning down Tesla stores now cause he was claiming insurance for those.
