If there’s any justice left in this world Tesla will become the millstone around Musk’s neck as he drowns in a shallow lake.
Tesla only made a profit in Q1 because of the CO2 tax credits they sell to other car manufacturers.
Tesla is a very heavily subsidized company, in fact Tesla is built on subsidies. Yet Musk has the audacity to claim public workers only interest is to take money from the government without doing useful work!
Without capital gains and tax credits, Tesla would be $600 million in red in Q1! And Tesla continues to lose marketshare fast in Europe.DOGE should take a chainsaw to those subsidies.
Everyone associated with DOGE should be serving life in prison for corruption along with dozens of other national security, data & privacy violations.
Okay, but after they take away the subsidies to Tesla.
Absolutely, that would be cutting public wasteful spending for real.
The longer you look at any musky business the clearer it becomes that the foundations are built upon the manipulation and harvesting of public funding.
Whether it be tax incentives to build and operate a factory, manipulation of tax credits, or special grants, the findings are always similar.
Then, if that doesn’t work he calls in the bad guys from planet earth to privately ‘invest’ in his flailing bullshit so they can use whatever it is as a tool to accomplish the evil they want to see in the world.
Considering how dependent he is of government, it’s weird he is so much against it.
But he is so much a narcissist that he thinks that he alone made everything he did possible.
It wasn’t the fact that he was born rich in a rich country that supported his endeavors, it wasn’t the enthusiastic workers and engineers that worked tirelessly because he convinced it was a “project to save earth”!
Elon Musk is disgusting, taking all his privilegies for granted, while wanting to deny working people the bare minimum.
Elon Musk and Donald Trump are prime examples of why we need to tax wealth more.Considering how dependent he is of government, it’s weird he is so much against it
It’s called “Pulling up the ladder behind you”. He doesn’t want anyone else to succeed but him.
Tbf, most automobile companies are heavily subsidized through the fossil fuel infrastructure that is required for them to exist and be of any use. That includes, but is not limited to:
- oil and gas refineries subsidies
- roads and parking lot subsidies
- tax breaks and gov bailouts
71% profit loss and the stock is still waaaay up from a year ago. Our stock market is completely broken.
It’s propped up by lies and insider trading
The entirety of the US economy is a house of cards
I believe this is just a case of “greater fool” syndrome.
Also, what is the Lemmy version of Rimjob Steve?
I think it’s just Rimjob Steve. That’s the funny thing about relying on user-generated content…
Every company is “financialized” now. They essentially run like a bank. They aren’t being run based on a product or a service. They are being run to maximize returns for investors to such an extreme level that stock buybacks and layoffs are the tools used to bring the stock price up.
The stock market has been a scam for awhile and not really connected to any company “doing well”. But they are essentially just shitcoins at this point. All running on whether or not people feel like they’ll go to the moon or not.
People that mock Bitcoin but pretend like Tesla doesn’t run on the same toilet paper thin vibes are kidding themselves.
Edit: this is not a defense of crypto. It’s just an example of how fucked the stock market is. Especially in “tech” companies.
I agree completely
The stock market was broken from inception. It’s one of humanity’s biggest mistakes.
I think you just mean capitalism.
i still drive my old Tesla with free super-charging, bleeding them dry slowly, slowly
Can you plug it in and also deplete the battery at a similar rate somehow? Like an infinite money drain on Tesla?
I’m sure the impact to climate change would be canceled out by the loss in profit to a Nazi billionaire. But I’d have to do some math.
Maybe we hack together a device that just drains power and tricks the chargers into thinking it’s your car. Use the power consumption to do something like mine crypto and send it to a charity. Idk. Just brainstorming shit lol
A simple one would be to power your PC off the car and just let it sit. Mine some crypto for free on Elon’s dime.
Fuck this Nazi PoS.
71% profit loss males me feel uplifted.
I think it’s actually worse, because they have stocked up on unsold cars, and those cars are probably booked at way to high value.
With constantly dropping EV prices, that unsold car park is depreciating fast. And when Tesla finally has to write them down, it will be very painful on the books.
Tesla has worked really hard to achieve cheaper production of scale, but when that scale dwindles, Tesla is stuck with the cost of enormous surplus production capacity. That cost money, and factories will probably have to close, and writing off the value of a big production plant is losing money too.Teslas entire valutation is based on bullshit promises by Elon. Because there is no way they can be somehow more valuable than Toyota, Hyundai, VW, Honda, Renault, Stellantis and several other brands combined solely based on actual sales.
Some claim AI and RoboTaxi, but I bet if they try to implement RoboTaxi this year, it will just be a small test implementation (to learn).
Except Tesla already boast about all the learning they gain from millions of Tesla cars on the roads already.
So how will they “learn” anything useful from just a few “test” cars?
The real reason is of course pure PR.
But despite the limited scope I expect, I still expect it will end in disaster. Because Tesla FSD simply isn’t good enough, and Tesla has an extremely poor track record on safety.
Let’s make it 200%
I want to see the fucker sitting on a corner with a tin cup and a cardboard sign
With Trump holding the sign and Musk holding the cup.
Trump can’t write a sign
He’s fucking illiterate
No one said the sign was legible.
True
He’s likely to stop paying attention halfway through writing it due to his dementia and eat the crayon
Two guys one cup.
Most of his income has nothing to do with Tesla.
However it happens, I want to see him ruined.
The engineers at Tesla have built some amazing stuff, but the CEO who drove them forward for so long has been holding them back for a while now. Time for Musk to go.
He never drove forward shit, modern day Edison would shock and kill elephants if it made him money.
Eh, I know nuanced viewpoints around billionaires aren’t appreciated on the corporate web, let alone the fediverse, but I really don’t think it’s as simple as that. Why did Tesla succeed where other EV companies failed or floundered? And why did Tesla, the company behind the ultra-desirable Model S and its peers, produce the unsellable Cybertruck and fire the entire Supercharger team?
CEOs set the direction and drive the company to deliver on that. And Musk has lost it - from 95% genius and 5% mad to 95% and 5% genius. I honestly feel sorry for him in many ways - which I fully appreciate is a lot easier to say as a non-American right now! He will probably never again know true love or be considered an inspiration to the smart people he seems drawn to. He’s thrown his lot in with a bunch of bastards who would gladly tear down everything he’s built up. I am 100% confident that I will live a happier and more fulfilling life than him, as poor and stressed as I am. Poor sod.
As the edgelord he is, I hope he’ll appreciate his inevitable future epitaph: “You either die a hero or live long enough to see yourself become the villain.”
Growth for the sake of growth is the mantra of the cancer cell.
Elon has killed them at company. If when he bought into it, did a little marketing and then backed off and let qualified people design the cars and run the company, Tesla would still be a viable company. Where do they go now? The Cybertruck is a flop on the same scale as the DeLorean, the CEO is a straight up Nazi and Putin collaborator, and they can’t get rid of him or it will kill the company. The choice is either a slow death from keeping Elon, or a quick one from firing him.
Or they can hire me. I can fix it, or at least not do any worse.
Because the two engineers who actually created Tesla made a good product and musky boy immediately snapped it up and made sure to maximize the milking of the ev tax credit system, he’s been fucking it up regularly ever since.
The reason it sucks now is obvious, the people who are good are gone, and musky boy wasn’t one of them.
You treat these parasites as if they are some extraordinary phenomena, they are not. They are humans that shit just like you, sometimes liquid diarrhea. They are by and large not amazing, genius, or even particularly hard working people, they are just lucky chodes who got to start with their dad’s giving them money from their family apartheid emerald mine (and then stealing emeralds anyway).
As someone that knew engineers that worked at Tesla. Interviewed and turned down an offer there myself.
As soon as I graduated in 2015 and got a job in silicon valley I quickly learned that literally every real engineer hates Elon. Especially the ones that work at Tesla. And they treat their employees on H1 visas like indentured servants.
Awful piece of shit company. But I respect most engineers that work at it. I’m glad the normies outside of the industry are finally catching on to this. For years I had to explain to my normie friends why Elon is a braindead idiot and they would just nod and not really understand why.
I hope people start to understand that “tech bros” and “people that work in tech” are entirely different people. The SF bay area just happens to be filled with both of them.
Very thankful I don’t live there anymore. This isn’t unique to Tesla either. But Tesla is definitely a perfect example for people to point to and understand now.
Most engineers just wanna make shit. And most companies take advantage of a lot of people that enjoy their profession by overworking and exploiting them to an insane degree. Especially H1 visas. Those guys/gals deserve so much more. Tech needs a massive union push.
When I learned that a significant portion of their profits comes from trading carbon credits I realized they are a straight up scam.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/
As their revenues goes down their usage of carbon credits to make money goes up. They account for around 30% of their total revenue as of 2025.
To realize this considering DOGE’s mission to cut government waste is kind of ridiculous. Why won’t he cut off his own company when it is obviously wasting tax payer money!?
Oh wait, that is right. It is all a lie!
In the pace of 24/7 news coverage this post seems ancient.
Fuck Tesla
Anyone saying he failed at doge is missing the point. He absolutely hyperfocused on destroying and delaying countless lawsuits against his companies. Please let’s focus on this instead.
But you can’t erase the Nazi salute
Elon, you’ne not a real CEO, “girl”.
It’s almost like people fucking hate nazi fucks.
Interesting.
You know what bothers me most about the whole thing with Musk? The Twitter thing.
He was fucking around, he wasn’t really going to buy it, and some jackasses in the government and courts made him go through with it. Congratulations assholes! Because of forcing him to buy Twitter, right wing misinformation went bigger and had no checks at all on it (I mean it wasn’t great before, but at least they didn’t allow outright Nazi propaganda) and that was probably the major tipping point for the election.
So forcing Musk to buy Twitter led straight to this situation we’re in.
No he wanted it, and his Saudi backers did too. Plenty of non Elon money poured into that transaction
Elon deliberately forced his way into our government undemocraticly
It had nothing to do with Twitter
SpaceX and Tesla were built almost entirely on our tax dollars, the only way he has found to be successful is to convince corrupt politicians to give him our taxes.
The owners of Twitter made him go through with it, using the courts as the enforcement mechanism.
ENRON x 1000