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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[–] burgerpocalyse@lemmy.world 5 points 18 hours ago (5 children)

one thing to consider is that tesla does not make its money by selling cars, but by selling carbon credits to other companies

[–] buddascrayon@lemmy.world 1 points 18 hours ago

Do you have a source on this?

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[–] DBT@lemmy.world 74 points 1 day 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 16 points 1 day ago (1 children)

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

[–] Ledericas@lemm.ee 7 points 23 hours ago

He had to emphasize on the Roman salute twice

[–] jellygoose@lemmy.ca 4 points 23 hours ago

What a fucking loser

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

[–] cley_faye@lemmy.world 21 points 1 day 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 17 points 23 hours ago* (last edited 23 hours 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.

[–] Mateoto@lemmy.world 17 points 1 day ago

Let Tesla fail and Musk too. You don't want to save Tesla as long as the fascist Musk profits from it. Let all his companies fail.

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[–] reddig33@lemmy.world 132 points 1 day ago (4 children)

Has he considered resigning?

[–] ExtremeDullard@lemmy.sdf.org 59 points 1 day ago* (last edited 1 day 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 43 points 1 day ago (1 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.

[–] Ledericas@lemm.ee 6 points 23 hours ago (1 children)
[–] TallonMetroid@lemmy.world 4 points 20 hours ago

Exactly. Fuck them.

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[–] ExtremeDullard@lemmy.sdf.org 84 points 1 day 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.

[–] frezik@midwest.social 4 points 18 hours ago

He could divest himself from the company.

[–] Bytemeister@lemmy.world 36 points 1 day ago (2 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.

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

The first disassembly line to recover the materials from the swastidumpter. Ha ha!

[–] Bytemeister@lemmy.world 1 points 16 hours ago

Nah, I would have the company buy them all back, repair and rebuild them with better parts. In 10 years they'll be legendary like Deloreans, then quietly open up orders for them.

It's a win-win. People who want out of the truck now get their money back. The company and die-hard CT fans make a killing when these things become somewhat rare and collectible.

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[–] aceshigh@lemmy.world 3 points 18 hours ago

Let’s see what kind of a genius businessman musk is. My dad thinks that all billionaires are smart. Prove him right musk! Save Tesla from yourself.

[–] cecilkorik@lemmy.ca 50 points 1 day ago (1 children)

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

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[–] MyOpinion@lemm.ee 49 points 1 day ago (7 children)

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

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[–] ininewcrow@lemmy.ca 31 points 1 day ago (1 children)
[–] quetzaldilla@lemmy.world 11 points 1 day ago

Better CEO choice than Elon Musk.

[–] Zaktor@sopuli.xyz 27 points 1 day 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 19 points 1 day ago (1 children)

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

[–] zurohki@aussie.zone 9 points 1 day ago

IIRC one of the big issues with Twitter was it didn't have anything set up to insulate the business from Musk's idiot whims.

Did he try to carry a sink into Tesla?

[–] wildcardology@lemmy.world 3 points 20 hours ago

The last idea he had for Tesla was by shitting out the cybertruck.

[–] comador@lemmy.world 24 points 1 day ago (2 children)

I did nazi that one coming...

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

There is one very easy way to save Telsa. Musk needs leave and divest. The company can’t have anything to do with him anymore.

[–] Wispy2891@lemmy.world 10 points 1 day ago (2 children)

Well that's guaranteed bankruptcy.

He owns 20% of an extremely overvalued meme stock (market capitalization of Tesla = almost all top 10 car manufacturers COMBINED), if he dumps them, then everyone will get margin called

And any other CEO would not be able to pump the meme stock telling the "self driving in 6 month" lie for years and years without being indicted for stock manipulation

[–] Thedogdrinkscoffee@lemmy.ca 6 points 1 day ago

without being indicted for stock manipulation

The SEC is dead and he has presidential pocket pardons.

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[–] altphoto@lemmy.today 6 points 1 day ago

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?

[–] OutlierBlue@lemmy.ca 1 points 17 hours ago

Elon Musk vowed to refocus on Tesla

We already know his ~~management~~ meddling wrecks things and that his workers generally prefer him to back off and let them work effectively. This can only make thing worse for his businesses.

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