The board needs to boot Musk. A non zero amount of this sales decline has to be tied to his antics. Too many of us have heard people say “I probably would’ve bought a Tesla, but I don’t want to support Musk.”
Elon or not the design philosophy of teslas have always been a joke.
I stay away from teslas because they are a genuinely shitty car with stupid design choices.
Elon could drop dead tomorrow and Tesla will still be a company I stay far far away from.
Yup. I’ll probably go electric for my next ride. I’ll be fucked if i even consider tsla.
I’d say that the bulk of the sales decline are primarily rooted in the fact that the competition has outdone Tesla on pricing and quality. Way too many stories of Tesla cars dying from a simple rainy day or driving through puddles and then the company fucking the customers over by not covering those incidents under the warranty with bullshit excuses.
Maybe here on lemmy, but I don’t think that’s a majority opinion in the broader public.
This article does a decent job explaining it, EV sales have leveled off or are down across the industry because the EV market has saturated the early adopters and hasn’t yet grown into the early majority. A few things need to happen for mainstream adoption:
- prices need to come down
- charging network needs to improve
- range needs to improve
A reduction in sales means one of those isn’t in line with what the majority wants.
I really need lower prices and don’t care about the other two. I want something for my 25 mile commute, and it doesn’t need to be fancy, it just needs to be inexpensive and reliable. So give me a car with 100-150 mile range where the battery pack is cheap to replace (those sodium-ion batteries look nice).
For our family car, I need better range. We often go on road trips with 400+ miles between stops. Give me that and a better charging network and I’ll consider switching the family car over.
Agreed, the echo chamber is real on Reddit/Lemmy. Easy to hate on Elon, but people are acting as if the old men leading most other Fortune 100 companies think any differently than he does. You can find the rare exception, but you’ll have a hard time living in modern society without your money filtering up to a bigot somewhere.
Elon just lacks the filter to keep himself from saying it.
It’s a good buying opportunity now. I don’t like Musk or Teslas but I will buy his stock to make me money. :)
At PE 40? Nah. Better off buying SPY.
I don’t know, I feel like it has support on these levels. But we will see…
Phew! It’s a good thing we aren’t Raising Wages or their Taxes! Otherwise they might lay people off!
Why? Did they release the world’s shittiest truck because their CEO is on too much Ketamine and meth to function? Or is it because of BYD?
It’s either because of DEI or work from home. It’s not clear how, but it’s got to be one of those.
If i were a tsla employee I’d be looking to gtfo before musk craters the company.
Isn’t this kind of message supposed to go in !business@lemmy.world ? #muskspam
This is the best summary I could come up with:
A few weeks after reporting its first year-over-year decline in vehicle deliveries since 2020, Tesla is now planning to lay off over ten percent of its global workforce, according to an internal company-wide email seen by Electrek.
Today’s development is the latest in a string of bad news for the EV maker.
The company reported a miss in delivery estimates ahead of its quarterly earnings on April 23rd, alongside a predicted slowdown in sales growth back in January, which it attributed to manufacturing issues surrounding its next generation of vehicles.
Tesla has also reportedly abandoned its plans to produce an affordable Model 2 that would cost around $25,000 as it shifts to instead focus on a new robotaxi.
This comes as the company faces mounting pressure from the one-two punch of waning demand and more affordable EVs made by Chinese manufacturers.
Last year, Tesla lost the title of world’s top maker of electric vehicles to China’s BYD which produced 3.02 million EVs, compared to Tesla’s 1.81 million.
The original article contains 231 words, the summary contains 167 words. Saved 28%. I’m a bot and I’m open source!
