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Uh oh!
ETA - I look at Tesla's stock and scratch my head. Still way too fucking high. It should come down to about 1/20th of where it is at. Toyota P/E ratio - 8.29. Tesla's: 161.22.
I mean....WTAF. There is some serious delusion going on with that stock price. Tesla's "brand" is in the xitter. Are people just hoping that the U.S. government will prop them up at this point? Without extreme market manipulation by the likes of donvict, what other future does this shitty car company have?
Tesla will announce their new military grade model that the defense will purchase thousands of cars using tax money.
I mean, maybe that's a good thing for any future resistance movement? The powers that be using highly flammable / explosive, unreliable, piece of shit glued together trucks that can't handle a carwash.
Yea pretty obvious. I need a car and Tesla would be a good choice if that fucking asshole didn’t own it.
Same. They sent me a survey for owning my 3 for so long. In the survey I pretty much gave the car good reviews. Then it asked me if I would buy another and pretty much stated I would not buy another tesla if Elon musk is part of the company. I doubt anyone reads the surveys but hey here’s to hoping. 🗿
You've contributed to the word cloud, thats all you need
Good choice? They keep bait and switching their own features, and their QC is garbage. Take Elon out of the equation and I still won't buy their early access version of a car. I'm tired of companies treating end consumers as their play testers.
On top of that they're all privacy nightmares
I've been arguing the Q1 result was cooked already from day 1 they came out. The actual result is probably way worse. One of the reasons is that Tesla has been producing way to many cars, and the cars on stock are overvalued to push the deficit into the future. Where they probably hope to camouflage the loss in other ways.
But competition is intensifying, and Tesla is already at a very low margin on each car sold. Increased competition is at a point where Tesla will have to sell cars at a deficit. While at the same time write off value on stock. Or alternatively lose even more marketshare.
The glory days where Tesla had the highest margin per car sold in the industry are long gone.
Yes, all that, but the effect of Elon completely alienating the people who wanted to buy Teslas can't be understated. I don't hate the cars at all, but my god I loathe Elon and would never give him money.
Absolutely, if Elon had been a normal CEO, Tesla would probably still be riding on the reputation they had few years ago.
What I'm saying is that it will be hard for Tesla to make a comeback, even if they somehow manage to restore the name.
They are no longer a technology leader, and they aren't leading on value either, which makes Tesla just one among many options.
And it seems they can't keep up with the competition anymore, now that the traditional auto makers have learned the basics of making a good EV. And China is so far ahead on batteries and Fast Charging it isn't even funny.
Both BYD and CATL have batteries that can charge 3 times faster than the fastest Tesla!
In USA Tesla is protected by tariffs, So USA has lower competition, but in Europe and China, I don't think Tesla has much of a future, (EU has 3 times as many BEV models to choose from than USA!) and even USA will be a a huge uphill struggle, because they have such poor brand recognition.
I don't think Musk can turn Tesla around, the claimed options to do that are RoboTaxi, and AI and robots. But Tesla is not even close to be leading in any of those fields. So Tesla will be a company with huge R&D costs, but little money coming in. Unless Musk can keep conning new investors of course.
I'm predicting the breaking news story for June 2nd is they find out they're fired.
Happened to me there, though not as long. Friday, they told everyone on the line I worked on (S) most of us were being let go, but a few of us (myself included) were told we were staying. Fast-forward to Monday, they called me while half-way to work (this was in Fremont and I live in the central valley, so it was a 2 hour drive without traffic; which is never going to happen on the Altamonte) to say they actually let everyone go.
I am a cynical bastard, and I wonder if they told everyone that they were one of the people not being let go, then contacted them later to tell them everyone was being laid off.
It gives the workers a -temporary- feeling of relief. Which could stop a riot etc etc.
And it's so very dishonestly devious that it's deffo something that Felon Mucks would do, just because he can.
Down with Tesla
Maybe one more Trump commercial in front of the white house might break the spell
Still waiting for those rushed Boeing Air Force Ones to start flying the Trump & DOGE around......
The beginning of the end
Absolutely, but you could also say that beginning was a year ago, where Tesla sales began to slump.
Remember when we hear about poor sales this year compared to 2024, that 2024 was already a bad year for Tesla!
It was probably when their "founder" did two Nazi salutes on stage at the inauguration of the President of the United States.
Now, do the same for all MAGA.
This wouldn't explain the CT line, but they're going to release 2 new vehicles by June 30th that use the same line as the Model Y/3. They did upgrades for that during the model y changeover. It could be the final changes before they are released, but again, that doesn't explain the CT.
Definitely because no one's buying them. Elon is not generous with time off.
Tesla must Unionize!
One of the reasons they moved to Texas was to prevent that.
Why? Are Texans stupid?
"Hey Patrick, What am I now?"
"Uh Stupid?"
"No, I'm Texas!"
This SpongeBob joke has lived rent free in my head since I was a literal toddler.
Didn't Trump's tariffs remove the unfair advantage of foreign cars so now superior US-made cars dominate the free market because they're the best?
And Tesla's cars, with their Full Self Driving™ technology are literally 20 years ahead of the competition, so why aren't people buying them??
I don't understand!
Looks like they arent paying their workers for the time either. Sounds like things are going really well there. I wonder if the workers who fall below 32 hours per week will get their full time benefits (like health care) cut. I'd bet yes.
The workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training but would not be working on the production line.
I mean, you'd be stupid to not come in, right? Who wants an involuntary unpaid vacation?
Why are the humans cleaning. I thought Elon was building human robots to do that
