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I believe this is the part where we get sued for not buying his cars.
Don’t give him any ideas!
I’m sure he already calls his lawyers every day at 3 AM while half blitzed on K to pitch exactly that
I think he would be relieved to get rid of Tesla if someone would buy it. The full self-driving promise was always a matter of interpretation, and the cars they build are more expensive symbols of status than practical products. Tesla can’t compete with global EV manufacturers, that’s a Damocles sword waiting to fall.
SpaceX is where the money is now, and all the electric innovation Tesla did can be used for something else.
The full self-driving promise was always a matter of interpretation
There’s nothing to interpret. It does not fully drive itself.
Not safely anyway.
Fortunately for him, and unfortunately for us, he undoubtedly has full control over whichever department defines the word “safely”.
Only usable for federal highways, shit could still be banned by the DMVs or equivalents which would basically be a death knell for it.
Musk is getting $8 million each day from the US government to destroy the US government. He was given $44 billion to destroy Twitter. He’s not worried about money.
Like companies getting sued for not advertising on Twitter
That was the joke, yes
We all know what’s going to happen, Elon just going to get a “government contract”, where he can make it so that teslas will be the main vehicle manufacturer for government.
Nobody at Tesla headquarters voted to alienate their customer base. No board meeting decided to turn their electric car company into a political lightning rod.
This is technically not true. The board keeps Elon Musk on as CEO of Tesla, and they granted him the biggest bonus package ever, while he was already very controversial and clearly was losing his mind, because they thought he would be able to make them money.
You’re right, that’s not just technically untrue. The board voted with their wallet, by giving him even more money than ever, so he could continue doing what he is doing. The people on the board wouldn’t give a shit if only Nazis buy their cars, as long as there’s enough of them to keep buying.
Well joke’s on them though, because it seems Musk has found a way to tap US citizens directly, so he probably doesn’t even care much about Tesla anymore now that it is failing.
I think his worth is mostly attached to Tesla stocks still.
It is and if he loses that wealth I’m pretty sure he is getting kicked to the street. He has no other skills that aren’t readily available by folks who aren’t utterly unstable drug addled dipshits.
You are 100% correct. They knowingly doubled down on him. They can all ride his coattails straight to hell.
One of the things that has continuously confounded me about Musk’s veneration by the modern American fascist is that one of the main accomplishments they hail him as a genius for are “his” advancements in electric cars.
Which are necessitated by Global Warming.
Which they do not believe in.
It is mental that a man worth billions in mostly electric car companyv shares is courting people who would run their cars on coal if they could.
A man who has made his billions on being essentially a corporate welfare queen.
Are you criticizing Musk or our government?
Why not both?
Musk, obviously. The man courting people who rage about “welfare queens” is himself the true welfare queen.
I would like a Chinese EV, but the capitalists are enforcing protectionism.
I would too, but you have to understand why the USA is blocking these cars from coming in. The cost of these cheap EVs are not based off of supply and demand. Its not even this cheap because of effectiveness or efficiencies. Its from the CCP subsidies. The CCP wants to dump on the competition in efforts to kill off anyone making a car, then start jacking up the price after they have market share.
My dude the US subsidizes the shit out of its electric car industry. When someone brings up “supply and demand” and just tries to pretend that the economy is exactly what they learned in their econ101 class.
They are doing the tarrifs on Chinese EVS because (1) they can’t compete on price and (2) the Chinese EVS are just a superior product.
You’re right on China though. They are just doing exactly what the US has done for decades. It’s just that the US doesn’t like having to actually compete with another country. So instead of actually making better and cheaper cars they instead just decide to tell the American people “nah, looks like you’re just being a shit Tesla”
The US loves to say “free market” but notice how they don’t allow a free market to force their industry to actually innovate and compete.
China is not “cheating” by subsidizing it’s industry. That’s literally just standard shit every government does. Thats just an excuse. America is subsidizing it’s EVs too. They just have worse EVs.
Trump is all about removing regulations and stated “for every new regulation, 10 must be revoked.” During his first term it was 2. He is moving the market that way, and boy oh boy is it going to suck for the consumer and small companies that want to compete.
So much to unpack here but I’ll do my best to address everything you’re saying here.
1- Chinese cars can’t compete in price: yes because China has been dumping subsidies into the market, inflating the supply. China dumped 231 billion dollars into EVs from 2009 to 2023. Over 500 electric car brands were created due to this injection. There is only are less than 100 left after China stopped the subsidies.
2- The Chinese EV are a superior product: which one of the 500 car companies are you referring to? outside ofthe top China brands (Geely, BYD), they all sorta suck.
China is doing is state sponsored “dumping”. https://en.m.wikipedia.org/wiki/Dumping_(pricing_policy) which artificially reduces prices to gain market share and has a negative effect on the industry. Every country in the world, not just the US, has an anti dumping policy, including China.
While we the consumer would love to spend pennies on the dollar for an electric cars, the effect is only temporary and when we start losing car companies due to this practice, prices always, ALWAYS, are higher after we lose competition.
Anti dumping policies is not hindering free market. The second you inject 231 billion dollars of government subsidies into an industry, is the second it no longer becomes a free market.
Yes, the USA has also has given subsidies. In total about 30 billion dollars. A drop in the bucket on the 231 billion the CCP has injected.
Would love to know where you’re getting your numbers from for the US and China. I surely hope it’s not just the AI response on top of Google. But that’s what it seems like. You’d literally have to write a whole research paper to get a good comparison because these are heavily consumer based subsidies within each country and China just has a much larger market it sells to heavily inflating the credit because of population. Also, you didn’t list a date range for your 30 Billion number.
You also have to account for state level subsidies and tax credits in the US in addition to Federal programs, grants, loans, etc. Would love to read a paper on this if you have a source.
But, even using your numbers 30 Billion (something I don’t think is accounting for State or EV infrastructure spending; but again, I’d like to see a source) is not a “drop in the bucket”. It’s 13% of what you listed for China over 14 years. Interestingly enough China also outselling the US in terms of market share. Comparing the subsidies of a country that owns the plurality of the market to one that does not is silly. Subsidies are going to increase WITH sales. China is selling significantly more cars. You’d have to compare the subsidies and adjust them based on units sold.
Doing some “Google AI response results” myself China is selling about 8x more EVs than the US (in 2023).
Hmmm. 8x30 = 240 billion. Weird. Again, I’m not taking my numbers seriously but I’m not taking your numbers seriously either because you didn’t sight a source, adjust for units sold, or give a date range for your US numbers.
But you’re just not comparing this correctly. You HAVE to adjust for units sold. Which you are not.
So capitalism.
We don’t want that evil capitalism here in the US. No sir.
State capitalism, but yes.
Yes, we get to prioritize USA industries vs China’s. I’m down for that.
“Our chineze vs their chinese.”
I’m also pretty sure their security / safety standards are pure ass. I barely trust our automakers, I sure as shit don’t trust the fucking CCP
I live in Taiwan and we call those China made cars tofu cars. Their domestic cars are terrible. So many of them are going out of business because the the CCP lowered down the subsidies.
I won’t be caught dead in one.
You can fellate Winnie the Pooh on your own time. It comes with its own whole set of problems.
Edit: Come at me tankies. You’re morons for giving a single dollar to the CCP.
Nothing quite says “American Capitalist bootlicker” more than proudly paying more for an inferior product while complaining that it’s the Communists fault.
its not the death of the electric car. Its the death of a bad one.
All cars are bad. Combustion or not.
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Actually, no. Tesla always had huge QA issues. Panels not fitting on the cyber truck really isn’t the first time that stuff just doesn’t quite fit on teslas
Nope. Tesla Model 3 Ranked Last In German TUV Reliability Report https://www.carscoops.com/2023/12/tesla-model-3-ranked-last-in-german-tuv-reliability-report/
2-3 years Tesla Model 3 14.7% defect rate
German TUV Reliability Report
Those numbers are very misleading, as it includes rust on the brakes.
EVs don’t use their brakes as often due to regen, and vehicles with one pedal driving where you can come to a complete stop without using the brakes, use it even less.
A large portion of these failures are from some rust appearing from lack of using the brakes. Using the brakes more frequently, or intentional aggressive braking would clear the rust, but it’s a fail if it’s there when you take it in.
That’s not to say there aren’t other problems, but it’s not as bad as the dead last 14.7% makes it look, and it’s not wholly about poor quality as the report implies, as that isn’t a quality problem.
Tesla has some of the better one pedal driving and more aggressive regen set ups as well, so the brakes are used less.
Breaks are kinda important.
Sure, but a little rust because they weren’t used isn’t a problem, comes off when you use them, but is an instant fail. The brakes are not damaged or broken.
All brakes rust when not used. If you drove around in the rain today, then didn’t drive for a few days, you’ll probably have a little rust on your brakes. You go for a drive and then it’s gone.
If you take your car in for a pre-inspection report, and they see some rust on the brakes, they will tell you to drive it around a bit using the brakes a lot before taking it in to be inspected.
it’s not an actual problem, and not indicative of a poor quality vehicle.
Edit: To be clear - the drivers should be using the brakes more to clear them so it doesn’t build up to excessive amounts which may be a problem at some point, but the test fails them well before it’s an actual problem.
Edit: Also, where the model 3 failed a lot outside of the brakes was the front suspension. There are legitimate problems with the front suspension on the older Model 3s. Those are legitimate fails and are a quality issue (there’s even a service bulletin for at least one of the problems)
There is a Tesla New Buyers delivery checklist you can find online that was written by a group of Tesla enthusiasts. Just a few years ago one of the items on the checklist was “Make sure you can put the car in Park (and that it stays parked)”. (Ref: https://driveteslacanada.ca/wp-content/uploads/2019/09/Tesla-Model-3-Delivery-Checklist.pdf).
I’m not away of any other car where this was something people had to check before delivery — apparently it was a bit of a common problem for a time. That seems absolutely crazy to me, and a major failure of QA as it poses a significant safety hazard.
My buddy messed up and spilled a drink in his model X. When pulling up the carpet and panels to clean up he found a bunch of blue painter’s tape where there were supposed to be wiring harnesses and screws. You’ll note that blue painters tape is designed to be temporary, and will not last more than a year or two.
A more concise headline is “Nobody wants a Swastikar”
Will he really need customers much longer? I mean it seems like he can just have any government agency replace their fleet with his trash in the name of “efficiency”.
Apparently a big part of Tesla’s business is selling carbon credits to other automakers… Which relies on them having a certain number of EV sales. If they drop below a threshold, then they can’t sell those credits anymore.
He tied the financing of his loan to buy Twitter with Tesla shares, if they tank it pressures the Saudis to call in the billions they loaned him for the purchase. He’d survive, but it would embarrass him which would be funny.
Even worse is, he can use the government to sabotage the competition, as Russia and Hungary did.
so we can kill government workers and important people easier? i think elon Musk funded the failed trump assassinations /j
Pretty soon the only government workers left will be Trumpler’s goons. I’m ok with them dying in swastikars.
What?
Revenue [increased] 2% to $25.71 billion
Yes. Only 25.7 billion dollars. It’s practically dead.
Q4 2024 was before all the overt nazi shit.
But I agree that calling it dead is premature.
nobody wants a defective car.
They’ve probably had more recalls on the cyber truck than they’ve had sales of the cyber truck
Remember 2015? A Tesla parked in your driveway told your neighbours that you valued innovation, that you possessed an environmental conscience, that you had a stake in the future of the planet. The cars weren’t perfect, but they meant something. They represented hope - for clean energy, EVs, and a world beyond fossil fuels.
This was me years go. I knew climate change was real and an imminent threat. I wanted to vote with my wallet for a cleaner future. I also wanted to strike a blow against the National Automotive Dealers Association for their regressive practices that hurt consumers and drive prices for cars higher for everyone. Buying a Tesla did those things. I charge the car on sunlight from my house. I don’t have to support the petroleum industry’s damage to environment and people around the world. I was proud to be doing something rather than just talking about needs for changes against climate change.
Musk doesn’t get any of my money from this car. I don’t pay for any of the Tesla monthly services. I’m don’t want to be seen driving with a Tesla logo on the car. I’m ashamed that my good intentions funded a fascist.
There is no shame in your ownership of the vehicle based on your intentions; I would humbly assert that anger is a more appropriate reaction to the current leadership of the company that made it. If strangers judge you, that’s on them.
If I had had the means to purchase one 10+ years ago, I would have. Most people who claim they wouldn’t are not being honest with themselves or disapproved of the virtue signaling associated with them at the time.
Oh yea, when Teslas first started appearing, I loved their whole philosophy and really wanted one.
Don’t feel ashamed. You did nothing wrong. Life failed you, not the other way around.
This is me too. I have two of them bought and paid for and people just don’t get it: I went all in on this and you can just sell for 15% of purchase price, I still have mobility needs. More to the point my swasticar still has access to the best charging network on the market and even if I COULD just sell, it’s not cut and dry. It’s easy to shit on Tesla, but it’s still the best offering in the EV market for long range driving. And even if it was not, like fuck me I can’t time travel. Most people who flame have no idea what the actual hell they are talking about.
It’s crystal clear to me that Tesla played an important role at a key time, and pivoted the industry. The technology to do so had been there for a while but they lacked the will and they needed an innovator to scare them into action. Tesla did that. However, that role is now complete. I am flabbergasted that anyone still values this stock. Even setting aside this recent downturn in sales due to their brand going necrotic, they were already overmatched by the flood of competition coming their way. If major manufacturers don’t eat Tesla’s lunch, Chinese upstarts will. They can’t survive. They won’t survive. Even their supposed software advantage on self-driving has turned out to be a fraud, and the Simpertruck is a high profile failure. I’m glad that the stock hasn’t died yet though, because the rest of the world is still completing the transition to EVs, and the death of Tesla might put a chill on that. But in a few years, yeah, Tesla will blow away on the wind like so much dust.
Musk still gets some money if you ever need parts. I had to replace the heater and went to non tesla shop. Unfortunately, he wasn’t able to get a used heater so I had to buy a new part.
Maybe it’s time to get better at researching companies before major decisions. Do you have a system in place for doing background research on future large purchases?
That shame is no use unless it helps you update your behavior. Shame about a “one-off” decision in the past will continue to nag you until you figure out how to avoid the same mistake in the future.
So how can you avoid realizing ten years out that some big purchase you made supported someone you disagree with? How can you do it in advance?
Don’t be a dick. No one’s going around investigating the corporate culture of every parent corporation that they buy their product from because they’d be at it all damn day.
Did you even watch The Good Place that’s the whole point of the show, you can’t be a “good” person based on absolute morals, because it’s impossible in the 21st century as the world is too complicated.
Well VW is still around. Maybe Teslas will be classic cars in 80 years.
/s: They will all self immolate.
VWs never randomly caught fire. And also they don’t look like if Transformers could somehow breed, but had an abortion.
This.
And VWs were survivors, crossing the desert under air cooling and repairable usually with a pair of pliers and a screwdriver. The rear bumper can hold a grown man perched back there manually pulling the throttle if you bust the linkage … or, so I … hear.
I worry Teslas wouldn’t survive long enough to become classics. They don’t seem to be survivors.
/63+71+71super here.
Well not nobody. Turns out there are some Nazis. /s
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Looking through the comments, this is a troll account
8% drop in car sales isn’t great but I think the article is overselling the idea that the company is straight up dying. (Sadly) Most people just don’t make a connection between how they spend their money and the politics of the people they prop up.
Tesla is definitely dying unless they can turn this around quickly.
Surplus capacity is expensive, and I bet they are already operating at a loss. And turning around a bad reputation is hard.
Their models are dated, the cheap Tesla is cancelled, the Cybertruck is a catastrophic fiasco, and the model Y has already lost a lot of popularity, so even a new mode already said to be mostly a facelift, is unlikely to make a huge difference.
The drop in sales in January in EU is 50%, and they are losing market share in China and USA too. So I think the actual drop is higher now than 8%.
Note that for Nissan a 5% drop last year was called catastrophic!! And their survival is also questioned, and they are way bigger than Tesla.To your list add that new Tesla sales are also competing against an increasing number of Tesla owners who now want to divest themselves of the brand.
More used Teslas on the market will only push down the market rates and thus profits of new Teslas even further.
Plus of course people are more likely to be trying to buy used cars (of any brand) or not buying any cars at all given the current economic situation. Which of course is also elon’s fault, at least partly.
Good point, the article states a Tesla that only had 10k miles on it, had dropped in value by about 40%!!
With such low mileage cars on the used market so cheap, Tesla will absolutely be competing against their own used cars.
It’s close to 50% drop in Europe. The EU has 500 million people. They may not know it yet but Tesla is on hospice care.
Plus of course if the US ever does impose import fees on Europe the obvious response would be to impose import fees on Tesla’s. It’s a luxury item so the general public probably won’t hugely care, and it will hit the only person really to blame for all of this without unnecessarily targeting other US businesses. You know, how import fees are supposed to be used
