this post was submitted on 06 May 2025
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Uplifting News

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[–] LeninOnAPrayer@lemm.ee 23 points 2 days ago

Anyone saying he failed at doge is missing the point. He absolutely hyperfocused on destroying and delaying countless lawsuits against his companies. Please let's focus on this instead.

[–] MaxPow3r11@lemmy.world 10 points 1 day ago

It's almost like people fucking hate nazi fucks.

Interesting.

[–] Doomsider@lemmy.world 28 points 2 days ago

When I learned that a significant portion of their profits comes from trading carbon credits I realized they are a straight up scam.

https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/

As their revenues goes down their usage of carbon credits to make money goes up. They account for around 30% of their total revenue as of 2025.

To realize this considering DOGE's mission to cut government waste is kind of ridiculous. Why won't he cut off his own company when it is obviously wasting tax payer money!?

Oh wait, that is right. It is all a lie!

[–] Kyrgizion@lemmy.world 133 points 3 days ago (1 children)

If there's any justice left in this world Tesla will become the millstone around Musk's neck as he drowns in a shallow lake.

[–] PunkRockSportsFan@fanaticus.social 26 points 2 days ago (2 children)

If we want justice we have to make it.

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[–] Buffalox@lemmy.world 128 points 3 days ago* (last edited 3 days ago) (3 children)

Tesla only made a profit in Q1 because of the CO2 tax credits they sell to other car manufacturers.
Tesla is a very heavily subsidized company, in fact Tesla is built on subsidies. Yet Musk has the audacity to claim public workers only interest is to take money from the government without doing useful work!
Without capital gains and tax credits, Tesla would be $600 million in red in Q1! And Tesla continues to lose marketshare fast in Europe.

[–] Spookyghost@sh.itjust.works 30 points 3 days ago (1 children)

The longer you look at any musky business the clearer it becomes that the foundations are built upon the manipulation and harvesting of public funding.

Whether it be tax incentives to build and operate a factory, manipulation of tax credits, or special grants, the findings are always similar.

Then, if that doesn't work he calls in the bad guys from planet earth to privately 'invest' in his flailing bullshit so they can use whatever it is as a tool to accomplish the evil they want to see in the world.

[–] Buffalox@lemmy.world 13 points 3 days ago (1 children)

Considering how dependent he is of government, it's weird he is so much against it.
But he is so much a narcissist that he thinks that he alone made everything he did possible.
It wasn't the fact that he was born rich in a rich country that supported his endeavors, it wasn't the enthusiastic workers and engineers that worked tirelessly because he convinced it was a "project to save earth"!
Elon Musk is disgusting, taking all his privilegies for granted, while wanting to deny working people the bare minimum.
Elon Musk and Donald Trump are prime examples of why we need to tax wealth more.

[–] hovercat@lemmy.blahaj.zone 9 points 2 days ago

Considering how dependent he is of government, it's weird he is so much against it

It's called "Pulling up the ladder behind you". He doesn't want anyone else to succeed but him.

[–] Zachariah@lemmy.world 32 points 3 days ago (2 children)

DOGE should take a chainsaw to those subsidies.

[–] WhatAmLemmy@lemmy.world 29 points 3 days ago (1 children)

Everyone associated with DOGE should be serving life in prison for corruption along with dozens of other national security, data & privacy violations.

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[–] kozy138@lemm.ee 12 points 2 days ago

Tbf, most automobile companies are heavily subsidized through the fossil fuel infrastructure that is required for them to exist and be of any use. That includes, but is not limited to:

  • oil and gas refineries subsidies
  • roads and parking lot subsidies
  • tax breaks and gov bailouts
[–] BlackSheep@lemmy.ca 19 points 2 days ago

But you can’t erase the Nazi salute

[–] TomasEkeli@programming.dev 38 points 2 days ago (3 children)

i still drive my old Tesla with free super-charging, bleeding them dry slowly, slowly

There must be a way to retrofit vehicle to grid on old Teslas. Let them pay your electricity bill.

[–] LeninOnAPrayer@lemm.ee 3 points 2 days ago* (last edited 2 days ago)

Can you plug it in and also deplete the battery at a similar rate somehow? Like an infinite money drain on Tesla?

I'm sure the impact to climate change would be canceled out by the loss in profit to a Nazi billionaire. But I'd have to do some math.

Maybe we hack together a device that just drains power and tricks the chargers into thinking it's your car. Use the power consumption to do something like mine crypto and send it to a charity. Idk. Just brainstorming shit lol

A simple one would be to power your PC off the car and just let it sit. Mine some crypto for free on Elon's dime.

Fuck this Nazi PoS.

[–] Laser@feddit.org 11 points 2 days ago
[–] AlternatePersonMan@lemmy.world 72 points 3 days ago (3 children)

71% profit loss and the stock is still waaaay up from a year ago. Our stock market is completely broken.

[–] FistingEnthusiast@lemmynsfw.com 50 points 3 days ago (13 children)

It's propped up by lies and insider trading

The entirety of the US economy is a house of cards

[–] LeninOnAPrayer@lemm.ee 3 points 2 days ago* (last edited 2 days ago) (1 children)

Every company is "financialized" now. They essentially run like a bank. They aren't being run based on a product or a service. They are being run to maximize returns for investors to such an extreme level that stock buybacks and layoffs are the tools used to bring the stock price up.

The stock market has been a scam for awhile and not really connected to any company "doing well". But they are essentially just shitcoins at this point. All running on whether or not people feel like they'll go to the moon or not.

People that mock Bitcoin but pretend like Tesla doesn't run on the same toilet paper thin vibes are kidding themselves.

Edit: this is not a defense of crypto. It's just an example of how fucked the stock market is. Especially in "tech" companies.

I agree completely

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[–] 1984@lemmy.today 41 points 3 days ago* (last edited 3 days ago) (2 children)

Imagine what he will do with 100% profit loss.

Maybe we can get him to stop posting his dumb shit on twitter, oh excuse me, X, brilliant name, idiot.

[–] Railcar8095@lemm.ee 26 points 2 days ago (1 children)

100% profit loss means they can still pay their executives and Cs.

Let's aim for 100% revenue loss.

[–] lightnsfw@reddthat.com 18 points 2 days ago (2 children)

Let's aim for getting him to kill himself.

[–] Railcar8095@lemm.ee 13 points 2 days ago (1 children)
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[–] Guns0rWeD13@lemmy.world 2 points 2 days ago

laughing at the two people that downvoted you. "suicide isn't funny!"

it actually is. there are verified reports of indigenous people that laugh at stories of suicide in disbelief. they struggle every day just to stay alive and have trouble accepting that people with all the conveniences of modern life would deliberately kill themselves.

also, KYS musk.

[–] bitjunkie@lemmy.world 2 points 2 days ago

He was trying to make that X trash work as a co-brand for PayPal in like 2001. Nothing new under the sun.

[–] Silic0n_Alph4@lemmy.world 32 points 3 days ago (3 children)

The engineers at Tesla have built some amazing stuff, but the CEO who drove them forward for so long has been holding them back for a while now. Time for Musk to go.

[–] Spookyghost@sh.itjust.works 32 points 3 days ago* (last edited 3 days ago) (4 children)

He never drove forward shit, modern day Edison would shock and kill elephants if it made him money.

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[–] zabadoh@ani.social 22 points 2 days ago (1 children)

Honestly, I'm shocked there hasn't been a shareholder lawsuit about the Tesla board's continued support of a CEO who is clearly a liability to the company.

[–] PolarKraken@sh.itjust.works 24 points 2 days ago* (last edited 2 days ago) (7 children)

I think they're in a dicey spot because any investor understands that Tesla is way overvalued, due to its status as a meme stock.

So sure, get rid of Musk for the sake of the business, that does sound like obviously the right move...but at the cost of utterly tanking the share price? Not likely. And make no mistake, getting Musk out of Tesla totally reverses the meme stock status.

Edit: better vocab

[–] Silic0n_Alph4@lemmy.world 3 points 2 days ago

Super dicey spot. I expect they’re watching very closely, though. The moment Musk’s presence becomes a long-term net detractor he’s done. Right now there are too many questions still unanswered - does his DOGE stuff (I can’t bring myself to call it “work”, sorry) and closeness to a not-uncorrupt administration benefit Tesla in some way? Does the Cybercab launch deliver on the hype? And does the new Model Y reclaim the spot of best-selling car in the world, making the case for the production-switchover leading to a drop in sales, or is there no way back to the top?

Money talks, and right now money is watching and listening. Jobs was fired from Apple, remember.

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[–] RedditIsDeddit@lemmy.world 23 points 2 days ago
[–] random_character_a@lemmy.world 33 points 3 days ago (15 children)

71% profit loss males me feel uplifted.

[–] Buffalox@lemmy.world 23 points 3 days ago* (last edited 3 days ago) (1 children)

I think it's actually worse, because they have stocked up on unsold cars, and those cars are probably booked at way to high value.
With constantly dropping EV prices, that unsold car park is depreciating fast. And when Tesla finally has to write them down, it will be very painful on the books.
Tesla has worked really hard to achieve cheaper production of scale, but when that scale dwindles, Tesla is stuck with the cost of enormous surplus production capacity. That cost money, and factories will probably have to close, and writing off the value of a big production plant is losing money too.

[–] RejZoR@lemmy.ml 25 points 3 days ago (1 children)

Teslas entire valutation is based on bullshit promises by Elon. Because there is no way they can be somehow more valuable than Toyota, Hyundai, VW, Honda, Renault, Stellantis and several other brands combined solely based on actual sales.

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[–] melsaskca@lemmy.ca 25 points 3 days ago

In the pace of 24/7 news coverage this post seems ancient.

[–] Mnemnosyne@sh.itjust.works 3 points 2 days ago (4 children)

You know what bothers me most about the whole thing with Musk? The Twitter thing.

He was fucking around, he wasn't really going to buy it, and some jackasses in the government and courts made him go through with it. Congratulations assholes! Because of forcing him to buy Twitter, right wing misinformation went bigger and had no checks at all on it (I mean it wasn't great before, but at least they didn't allow outright Nazi propaganda) and that was probably the major tipping point for the election.

So forcing Musk to buy Twitter led straight to this situation we're in.

[–] gamermanh@lemmy.dbzer0.com 14 points 2 days ago

he wasn't really going to buy it,

He was, he just didn't intend to pay as much as he did

No fuckin way he didn't fully intend for what happened after he got his hands on Twitter, the idiot just opened his mouth and said a bigger number then he meant to for price initially

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

Elon deliberately forced his way into our government undemocraticly

It had nothing to do with Twitter

SpaceX and Tesla were built almost entirely on our tax dollars, the only way he has found to be successful is to convince corrupt politicians to give him our taxes.

[–] homura1650@lemm.ee 2 points 1 day ago* (last edited 1 day ago)

The owners of Twitter made him go through with it, using the courts as the enforcement mechanism.

[–] TronBronson@lemmy.world 2 points 2 days ago

No he wanted it, and his Saudi backers did too. Plenty of non Elon money poured into that transaction

If you drive a Tesla in 2025 and don’t have a virtu signal anti Elon anti / anti fascist bumper sticker I assume you’re a Nazi.

[–] Yerbouti@sh.itjust.works 13 points 2 days ago

Elon, you'ne not a real CEO, "girl".

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