Gone from the coolest car to the most embarrassing, and these people are supposed to be smart.
As a publicly traded US company, can’t the board of directors vote Elon out because of tanking sales? Seems like that’s the only way for the company to survive at this point.
In a normal company they could, but the board are all loyal to him, not the company. Recently they insisted in giving him a 50 BILLION bonus, yes, with B. No chance they will intervene. And putting a puppet CEO like at Twitter won’t have a strong effect either.
Dont know is a normal company…normal company growth big in generations like toyota honda volkwagen bmw…one life time there is a big bubble…also want to act like apple…propiatary stuf… I dont mind tesla for demise
He’ll still retain his shares. Which is the source of his wealth.
For my money I’m going to throw a goddamn party if this cursed stock hits double digits.
Does that still apply when the CEO is also Emperor of the United States?
Cause everyone at Tesla is a spineless grifter too.
If you buy a Tesla now, it says something about you as a person…
I bought a Tesla years ago before Elon completely removed the mask.
No way I’d buy one now, but I also don’t want to sell it early and lose a tonne of money.
The Tesla board should intervene and remove him, but they won’t because he’s stacked it with yes men like his brother.
In your defense, back then they were the only EV that wasn’t useless.
I have hated Tesla since day 1, but even still I had to admit that they had the only decent EV drivetrain.
Each time I see a new article about drop in sales, the percentage is higher. I love it.
I keep thinking it’s same article being reposted before noticing the drop is 10-15% greater than the last time I saw it. I hope he’s kicked from Europe entirely.
Good.
Say what you will about faceless corps, but toyota won’t send some jackass out a the public face to do sieg hail, and be the gleeful butcher of government programs.
You have to be nestel levels of horrific before it breaks out of the corporate bubble.
I seriously question the mental stability of Tesla shareholders. Why on Earth does that man still have a job?
I’m not even talking about this recent stuff, I’m talking about all the things he’s been doing for the last few years. It would get any normal person fired.
He has family members and toadies on the board
The only creatures that should buy a Tesla are from the fucking AfD.
And those from the fucking UK apparently.
Very similar though - just waiting for them to elect farage to gut UK public services.
I live in one of the Eastern countries and surprisingly most tesla owners I see on the street are from Ukraine. We don’t even have developed infrastructure to use that car.
Because only rich Ukranians could afford them, and the rich ones fled Ukraine when the war kicked up.
Lemmy, this is the 7th day in a row you’ve shown “Tesla sales down in Europe” news in Top.
Feel free to post other good news. I’ll be happy to upvote.
You can filter it out if you want. Whenever I read it I get warm fuzzies. It helps me cope.
Doesn’t make my comment not true.
And I don’t filter or block anything or anyone. Rawdogging Lemmy, the way God intended.
So you just like to complain then?
Might be his only joy in life. Let him be, as long as he’s not too rude about it.
There’s no point in blocking everything. I’m interested in what’s happening with Trump and the US, with Tesla, the occasional Linux news, but when my feed is 90% “Why Linux is actually good”, “Musk/Trump bad”, “Tesla shares in EU down again” for the fifth time, it gets annoying. Blocking stuff is too crude a tool.
Let us enjoy our schadenfreude!!
Next, space x?
And the US tax payer is going to have to foot the bill on it…Elon sucks goldfish dick
I don’t think Elon gives a fuck. He’s tricked everyone he needs to into giving him billions of dollars. He isn’t going to give any of it back. He’s laughed all the way to the bank.
Feel the same way. He basically has the US Treasury now, and can do whatever he wants with his DOGE, I doubt he cares about Tesla.
I don’t think he has to care, but I think he might. SpaceX and Tesla are the only 2 brands he regularly promotes as he hopes people forget about all the other stolen, idiotic ideas that have failed.
He has mentioned many times in the past how “owning a Tesla is fiscally responsible”. Considering DOGE and falling Tesla sales… it’s only a matter of time until he sees if he can push Tesla as “The American Car” subsidised by tax payers and potentially cheaper then other brands (due to tariffs)… I don’t put it past him to try to take over all the transportation in the country. He’s stopped pretending he isn’t just a super villain a while ago, so going out of our way to ensure that the most “affordable” car is his and cripple the nation further by literally controlling the means of transportation.
So? You subsidised him since forever.
Not a peep when he demanded to keep his factories open in full Covid times or plenty more scummy things.
Only when he became a Trumper he was no longer great papa Elon for half of you.What makes you think I wasn’t verbally critical of him? I was telling ppl that were praising him that he seemed to virtue signal and seemed shady back in 2017. I was told I was looking too much into it. But in retrospect…
OK I was generalising.
Nothing in your comment says you aren’t be one of those who simply don’t like him NOW.
Statistically more chance of that since all I saw for years was cringe papa elon, big brain Tony Stark bootlicking while it was indeed clear for anyone to see what a douche he was (not visibly fascist tho).
But Americans love their oligarch heroes.
Most people still think Bill Gates is a great philanthropist, while he is also an awful person with a more acceptable personality and image.Tim Urban put his established “accessible intellectual blogger” credibility behind some truly convincing pro-Musk propaganda pieces on Wait But Why back in ~2015 or so, which at the time were inspiring and felt very believable for people searching for signs of an improving future. For me, Musk fell hard from that grace during the Thailand cave rescue when he attacked that British caver in the most absolutely childish way. I really resent that Urban hasn’t gone back to readdress those old blog posts, but maybe he’s just another paid shill.
Let’s get it to 90%. We can do it.
go big or go home : 100%
70% is just rookie numbers
Deliver is not the same as sales. They are also launching a new model this summer so people could just be waiting. I know it’s a great news story, Europe bands together against Musk to show dissatisfaction with American politics, but it may not be true. If someone could find Tesla reports that delivers are far lower than expected I will change my mind.
I wanted to find their predictions for production in Q1 2025 to see if they planned for less deliveries before all this Musk hit the news cycle. The closest I got as 2024 Q2 production numbers. https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-second-quarter-2024
Yeah I’ll believe it when I see the trend last more than a month or 2
Well I don’t want to celebrate in advance, Model Y facelift just released, let’s hope this trend continues and doesn’t show a reversal.
My heart pumps purple piss for fElon.
Beautiful news.
Tesla is a meme stock in the disguise of a car company. It being down 30% means little, if anything volatility is good for big market players. Allows them to fleece more people. In a month Trump will announce a big tesla contract and it’ll go back up.
Or so I tell myself because pessimism is easier to live with.
They are on track to be worth less than BYD, the two will likely cross over quite soon.
