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.

  • pyre@lemmy.world
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    40 minutes ago

    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?

  • cley_faye@lemmy.world
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    2 hours ago

    Here’s a plan : leave the engineers do their work, stop interfering with innovation, and just shut the fuck up. Not sure it would save tesla, but it would get a fighting chance.

    • Raltoid@lemmy.world
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      38 minutes ago

      That’s how they became so big in the first place.

      I honestly think there’s going to be a mockumentary about him eventually. The alleged stories are straight out of a sitcom. With his PA distracting him from engineers doing important work, giving him fake people to fire when he got in one of his moods, keeping his wild antics away from social media, etc.

      Then she asked for a raise and he fired her, afterwards he unraveled.

    • Mateoto@lemmy.world
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      2 hours ago

      Let Tesla fail and Musk too. You don’t want to save Tesla as long as the fascist Musk profits from it. Let all his companies fail.

    • Camelbeard@lemmy.world
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      2 hours ago

      Also don’t promise stuff you just can’t deliver on. Like how a Tesla would be full self driving in 2014 but next year, or that amazing truck that would be the end game for every company moving stuff, or the new roadster from 2017

  • EndlessNightmare@reddthat.com
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    1 hour ago

    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.

  • altphoto@lemmy.today
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    3 hours ago

    He hasn’t shot any migrants from his window in the morning. Maybe shoot migrants from your window? I don’t known, that’s the part I remember most about Schindler’s list.

    That could boost sales right?

  • Bytemeister@lemmy.world
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    6 hours ago

    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.

  • DBT@lemmy.world
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    7 hours ago

    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.

  • MuskyMelon@lemmy.world
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    3 hours ago

    Bet he regrets stopping people from burning down Tesla stores now cause he was claiming insurance for those.

  • ExtremeDullard@lemmy.sdf.org
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    9 hours ago

    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.

  • jaybone@lemmy.zip
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    5 hours ago

    I’m sure Tesla gets an exemption from those battery cell tariffs.

    How much that affects product price and influences consumers and the stock price is another question.

    • ExtremeDullard@lemmy.sdf.org
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      9 hours ago

      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.

      • Zaktor@sopuli.xyz
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        8 hours ago

        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.