this post was submitted on 26 Apr 2025
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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.

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[–] Olhonestjim@lemmy.world 11 points 1 week ago

One thing that might help is to stop carrying around that human shield. Just a matter of time after that.

[–] Olhonestjim@lemmy.world 6 points 1 week ago* (last edited 6 days ago) (2 children)

But you guys, Henry Ford liked Hitler toooooo!

[–] Treetrimmer@sh.itjust.works 2 points 6 days ago

Yeah that's why all car companies and new cars, large vehicles etc should be boycotted.

[–] Fridgeratr@lemmy.dbzer0.com 1 points 6 days ago

Yep. Henry was a pretty big piece of shit outside of his innovations

[–] Naevermix@lemmy.world 5 points 1 week ago

Elon's entire career is about creating hype with the help of his loyal sycophants and then profiting off it.

[–] LordWiggle@lemmy.world 2 points 6 days ago

Sinking companies is the only thing I'm actually good at!

[–] altphoto@lemmy.today 0 points 6 days ago

From the people who brought to you the Tesla X!

Doxing viewing surfaces! That's right! The new Tesla tells you which cars are expensive enough to drive next to you. The rear view mirrors show you if someone is Mexican or black so you can drive faster or cut them off. Extremely useful features.

[–] reddig33@lemmy.world 138 points 1 week ago (5 children)

Has he considered resigning?

[–] ExtremeDullard@lemmy.sdf.org 59 points 1 week ago* (last edited 1 week ago) (1 children)

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 46 points 1 week ago (2 children)

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.

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[–] ExtremeDullard@lemmy.sdf.org 86 points 1 week 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.

[–] DBT@lemmy.world 77 points 1 week ago (2 children)

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.

[–] Tramort@programming.dev 19 points 1 week ago (1 children)

But he looked cool wearing the cheese head before he fucked up his attempt to corrupt the Wisconsin judiciary, right?

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[–] cecilkorik@lemmy.ca 52 points 1 week ago (1 children)

Goodbye, Tesla, and good riddance. Some salutes will never be forgotten.

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[–] MyOpinion@lemm.ee 50 points 1 week ago (7 children)

Become a Nazi lose your company. You have been warned.

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[–] demunted@lemmy.ml 41 points 1 week ago (3 children)

He's tried nothing and Is all out ideas.

Is It Elon that is wrong? No it must be the consumers!

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[–] RestrictedAccount@lemmy.world 40 points 1 week ago (3 children)

One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.

The logic to support the price is:

Your are not buying the current company, you are buying the cool stuff Elon is making in the future.

Without that leap of faith, the price has to collapse. There is no way an electric car company will ever support even the current stock price.

There will be a tremendous amount of copium ingested before gravity hits, but the bigger fool theory will have its way.

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[–] Bytemeister@lemmy.world 37 points 1 week ago (3 children)

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.

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[–] peaceful_world_view@lemmy.world 34 points 1 week ago (3 children)

Has he tried stop being a cunt?

[–] IphtashuFitz@lemmy.world 24 points 1 week ago (10 children)

Way too late for that. Too many potential customers will now never buy a Tesla as long as he’s associated with the brand in any way. About the only option he has to try to save the brand is to sever all ties with the company and walk away. But his ego will never allow that.

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[–] wirebeads@lemmy.ca 33 points 1 week ago

Who cares. Tesla is run by a Nazi. It doesn’t deserve to survive. Musk doesn’t give a shit about the environment or saving it. He only cares about his bank balance.

🖕Musk 🖕Tesla 🖕Nazis

[–] ininewcrow@lemmy.ca 31 points 1 week ago (2 children)
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[–] Zaktor@sopuli.xyz 31 points 1 week ago (1 children)

Elon was never the guy who made Tesla work. He's just a rich guy who bought it and then had to be insulated from running it because his ideas suck.

[–] UnsavoryMollusk@lemmy.world 21 points 1 week ago (1 children)

The insulation had to happen with spacex and paypal too btw... This guy is not really good.

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[–] Taleya@aussie.zone 31 points 1 week ago

Again i ask: have you tried not being a nazi bastard?

I mean the option's right there.

[–] pyre@lemmy.world 28 points 1 week ago (1 children)

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?

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[–] flop_leash_973@lemmy.world 27 points 1 week ago

Burning your good will with your primary customer base by throwing your weight behind a political group full of the worst of society that has the public support of the statistically poorest in society wasn't a great long term plan?

Shocking, well not that shocking.

[–] comador@lemmy.world 25 points 1 week ago (2 children)

I did nazi that one coming...

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[–] inclementimmigrant@lemmy.world 24 points 1 week ago (4 children)

You can't un-ring being a Nazi and I won't be buying another Tesla with or without a Nazi at the helm because we all know even if he 'steps down' his fortune will still be tied to his stock ownership.

Nazi Around, Find Out

[–] Zacpod@lemmy.world 1 points 1 week ago

Henry Ford was a Nazi, and his company did fine, tho! /s

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[–] TheDemonBuer@lemmy.world 21 points 1 week ago (9 children)

Tesla cannot be saved until and unless Musk sells his share of the company and completely divorces himself from it. Even that may not be enough, as the brand is so closely associated with Musk that his stain may not wash off, but it's their only chance.

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[–] boughtmysoul@lemmy.world 21 points 1 week ago (1 children)

So let me get this straight.

Elon Musk is the reason Tesla is tanking and his solution is more of him?

How many Ds of Chess is this? I’ve lost track.

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[–] cley_faye@lemmy.world 21 points 1 week ago (6 children)

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 19 points 1 week ago* (last edited 1 week 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.

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[–] Formfiller@lemmy.world 20 points 1 week ago

The being a Nazi strategy didn’t pan out I guess

[–] EndlessNightmare@reddthat.com 18 points 1 week 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.

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