Elon Musk vowed to refocus on Tesla
issue is - he should have done that 2-3 years ago. now its too late
Due to sheer china cars velocity - he cant catch up.
this post was submitted on 26 Apr 2025
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I'm curious what's going to happen if banks start calling Leon's loans since Tesla stock isn't going to be enough to cover his loans at some point, probably pretty soon.
That's not how loans against stock work. If the share price reach a threshold the shares are automatically sold to cover the loan.
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Elon musk, resign bitch.
His real decision is going to be suing everyone that doesn't buy a tesla.
Bezos car company is a lot more practical. I just wish it wasn’t bezos.
He also threw a bunch of money into Rivian. He’s basically investing in companies that can make a a delivery truck that is cheaper to run and maintain.
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Did he try to carry a sink into Tesla?
Bail out and never come back. Only way else Tesla is done.
Maybe if that $56bn bonus goes through he’ll think of something. Heh.
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?
one thing to consider is that tesla does not make its money by selling cars, but by selling carbon credits to other companies
It's a major part of their profit margin, but even with their decline this quarter, they'd eek out a profit without it.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/
In Q4 2024 alone, Tesla earned $692 million from selling regulatory credits or carbon credits, accounting for nearly 30% of its quarterly net income of $2.33 billion.
At least for now, they're keeping their financial head above water even without carbon credits. Of course, no business would willingly throw away 30% of its net income.
The big thing for them is that those credits are free profit. Other car companies have to buy them to make up for their ICE cars. Tesla doesn't sell a single ICE car, so everything they make comes with a credit. Mind you, as the market transitions away from ICE, those will naturally evaporate from the company's ledger.
I agree with your comment, but FYI:
they’d eek out a profit
eke
- to make (a living) or support (existence) laboriously:
- to eke out an income with odd jobs.
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Elon's entire career is about creating hype with the help of his loyal sycophants and then profiting off it.
Sorry bud, EVs were championed by reasonable people with stable government jobs. You fired them yourself congratulations you are your own worst enemy.
Maybe you could just make like a tree and leave?
He could divest himself from the company.