this post was submitted on 24 Feb 2025
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[–] explodicle@sh.itjust.works 18 points 1 day ago

Later: "Due to the struggling stock market and their essential nature to the economy, we have no choice but to bail out Tesla Motors."

[–] inbeesee@lemmy.world 11 points 1 day ago

Better than nothing, but not good enough. Please visit your local government buildings and get involved. Not buying Teslas won't make a difference like actual difference-making will.

[–] Bytemeister@lemmy.world 12 points 1 day ago (5 children)

Hear me out. Tesla makes (or at least made) innovative cars, they persued their vision of electric vehicles and made EVs a commonplace option for the average consumer. They needed Musk's capital to do that. They are still capable of doing great things... But not with Elon at the helm. The best thing we can do, even if you like your Model 3, or even your damn Cybertruck, is to get Elon out of Tesla.

That means boycotts. Don't use their chargers, don't rent or buy their cars, don't subscribe to their full-self driving, and black them out on social media.

[–] Bloomcole@lemmy.world 4 points 16 hours ago

you're a joke, tesla sucks and is made a joke by the Chinese.
All subsidised with billions and still failing in the world market.

[–] Korhaka@sopuli.xyz 5 points 19 hours ago

Average consumer? Tesla never did that, they make sports cars.

Something like a Nissan leaf is far more affordable for the average person.

[–] explodicle@sh.itjust.works 11 points 1 day ago (1 children)

Even if Musk gets fired, he'll still own a huge percentage of the stock. If the goal is to hurt his net worth, then the boycott shouldn't end with his dismissal.

[–] CharlesDarwin@lemmy.world 3 points 1 day ago

Agreed. He should be separated from shares (imho) before any person should feel good about helping out Tesla.

[–] Maggoty@lemmy.world 2 points 19 hours ago

Lmao. Tesla made luxury vehicles.

[–] pineapplelover@lemm.ee 4 points 1 day ago (1 children)

Yeah I got a tesla and still retain my stocks in tesla from years back. Ever since I realized how shitty Elon is, I haven't bought any more. Though, I haven't pulled out either because elon can be replaced, and I think the company is still capable of innovation.

[–] Bytemeister@lemmy.world 8 points 1 day ago (1 children)

I'm not really qualified to give stock advice, but from what I understand, Tesla's stock price is seriously over-valued for what they produce, and a large chunk of it's price is speculation on what Elon is going to do. When it becomes clear to even the dumbest investor that Elon is toxic, that shit is going to tumble fast. IMO, it's a big wave that has to crash down at some point. Sell high.

Not a stock market expert though, talk to someone who knows their shit about it.

[–] pineapplelover@lemm.ee 1 points 12 hours ago

Nah probably. But at the time when I put money in them, no big name car manufacturer had an electric car to their name. Like it or not, Tesla lit a fire behind their asses. Even now, it might be overvalued, but It's not like I'm investing more in the company, I'm in it to see how far it can get.

[–] FunkFakin420@lemm.ee 9 points 1 day ago (7 children)

Tesla has become the official automobile brand of magastan. When you see one rolling down the road, or more likely stuck in 2 inches of snow, at least you'll know where its owner stands on things like equality and the new national norm of fascism.

[–] SoleInvictus@lemmy.blahaj.zone 10 points 1 day ago* (last edited 1 day ago) (14 children)

As a Tesla owner, this is 100% untrue. I'm extremely progressive and LGBTQIA+. I now HATE Musk and I'm exactly the kind of person Musk hates. I bought a Tesla when Musk was in his "seems a bit crazy but wasn't a Trump supporter or a Nazi" phase. Many people bought them being even less aware of his antics until recently.

My financial situation, leaving the US in a few months, makes selling it and buying another vehicle a very stupid idea. Others are now underwater on their loans since their value has taken a shit. I have friends who own Teslas that like their cars and don't want to sell just because the CEO turned out to be a Nazi fuck.

It's easy to paint people with a broad brush, but it's the same lazy ideology the MAGAs use. Be better.

Edit: I'm glad the value is tanking, but I'd rather Musk be ousted or, better yet, be given a little impromptu extra ventilation in his braincase. I love/loved my car but now it's tainted and I hate that.

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[–] ilinamorato@lemmy.world 7 points 1 day ago* (last edited 1 day ago)

Cybertrucks, maybe. But the sedans were, for a long time, the only real EV game in town. Owning them now does nothing to enrich Musk, and selling them does nothing to harm him. In fact, a mass selloff (of vehicles, not shares) may very well be helpful to his bottom line, since if you increase the used stock you make buying a dealer-new Tesla more attractive (when a bunch of them sit on a dealer lot all shiny, they're essentially advertisements). Plus, if you replace one with a gas vehicle, you're enriching the petroleum lobby that also helped put ~~Musk~~ Trump in office.

Tesla owners who care about making a difference should reduce waste by hanging on to their vehicles until they're falling to pieces (which won't take long in the case of the cybertruck), and then replace it with a low-cost EV made by someone else. In the meantime, cancel any recurring subscriptions on the vehicle, put a meaningful statement of resistance on the bumper, drive it to protests and campaign events for non-fascist candidates, and use it to contribute significant mutual aid within your community.

[–] CharlesDarwin@lemmy.world 2 points 1 day ago

Even at this point, I doubt it. Many might be people that bought in before they knew who and what Musk is and are just riding it out. I'm not sure what the used market is like for Tesla right now, but even with normal depreciation, selling a used car and trying to find a comparable replacement may set you back.

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[–] Vespair@lemm.ee 63 points 1 day ago (2 children)

If you weren't already boycotting everything Elon touches what the fuck is wrong with you?

[–] snail@lemm.ee 14 points 1 day ago (1 children)

Does it count as boycotting if you could never afford it in the first place?

[–] GoofSchmoofer@lemmy.world 11 points 1 day ago

just makes the boycotting that much easier.

[–] drahardja@lemmy.world 25 points 1 day ago (1 children)

Better late than never, I say. Better to praise new good behavior than complain about the delay!

[–] TrueStoryBob@lemmy.world 1 points 12 hours ago

Right, the best time was yesterday. Today is the second best time but it's better than nothing.

[–] xyzzy@lemm.ee 38 points 1 day ago

And as Musk wreaks irreparable damage to his personal brand, Tesla sales are tanking, especially in Europe: In Germany, sales plunged by 59% in January, following Musk’s endorsement of the country’s far-right AfD party. They were also down 63% in France year-over-year, in January.

The EV-maker’s net income in the fourth quarter of 2024 fell 71% from the same time in the previous year [...]

You love to see it.

[–] TheFogan@programming.dev 87 points 1 day ago* (last edited 1 day ago) (13 children)

My question really, who is buying tesla's these days, and is that even a noteworthy percentage of musks income these days.

Honestly it looks to me like musk is just adapting to leaching off the government anyway. Also throwing in the pivot of basically getting trump to commit to buying (Edit due to incorrect information:) Vehicles from tesla for military use. I mean yes absolutely don't give him the extra stream of income... but, but I can't help but feel this is rather toothless.

[–] usernamesAreTricky@lemmy.ml 47 points 1 day ago

Musk's net worth is largely tied to Tesla's market cap. Most of his wealth is in those shares

Make the brand extremely toxic and start affecting the share price. People are investing in the company not for logical reasons, but primarily emotional ones. People seeing mass anger and protest of Teslas hit the emotion part

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[–] some_guy@lemmy.sdf.org 43 points 1 day ago

TSLA down 7.27 (2.15%) today. I’ll check tomorrow and hope for this to become a trend.

[–] aceshigh@lemmy.world 3 points 1 day ago (1 children)

Why is the focus on musk? He’s not the root problem. Trump is the one who gave him power, even if m is removed, t will put another big donor in power.

[–] Critical_Thinker@lemm.ee 8 points 1 day ago (2 children)

You know how we "make an example" out of people who do things we don't like?

We need to make an example out of billionaires that put up hundreds of millions of dollars to manipulate elections. Billionaires and big business should have no place in politics.

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[–] Kichae@lemmy.ca 40 points 1 day ago (2 children)

The showrooms are still standing, so I don't think the Yankees are protesting hard enough.

They should call the French.

[–] OutlierBlue@lemmy.ca 29 points 1 day ago (3 children)

Considering the number of "the French give up" jokes made by Americans I find it hilarious that Americans won't even try in the first place. I know who the real losers are.

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[–] Bloomcole@lemmy.world -2 points 16 hours ago

wow you are reeeeaaaal revolutionaries!
that will show them!

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