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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[–] Bytemeister@lemmy.world 34 points 16 hours 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 13 hours ago (1 children)

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

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[–] Mihies@programming.dev 2 points 13 hours ago* (last edited 13 hours ago)

No, no. Finally build that new roadster and trucks! :)

[–] ExtremeDullard@lemmy.sdf.org 77 points 18 hours 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.

[–] reddig33@lemmy.world 117 points 20 hours ago (5 children)

Has he considered resigning?

[–] ExtremeDullard@lemmy.sdf.org 49 points 18 hours ago* (last edited 18 hours 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 37 points 18 hours 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 3 points 11 hours ago (1 children)
[–] TallonMetroid@lemmy.world 1 points 7 hours ago

Exactly. Fuck them.

[–] sp3ctr4l@lemmy.dbzer0.com 4 points 13 hours ago* (last edited 13 hours ago)

Reinstate Eberhard and Tarpenning.

[–] FistingEnthusiast@lemmynsfw.com 23 points 19 hours ago (1 children)
[–] Gregg@lemm.ee 12 points 19 hours ago (1 children)
[–] Scrollone@feddit.it 1 points 11 hours ago

Player_2_joined_the_Mario_game.jpg

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[–] cecilkorik@lemmy.ca 47 points 19 hours ago (1 children)

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

[–] pelespirit@sh.itjust.works 8 points 18 hours ago

It's all fun and games until your billion dollar company gets taken down.

[–] ininewcrow@lemmy.ca 27 points 17 hours ago (1 children)
[–] quetzaldilla@lemmy.world 10 points 13 hours ago

Better CEO choice than Elon Musk.

[–] altphoto@lemmy.today 6 points 13 hours 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?

[–] Zaktor@sopuli.xyz 26 points 18 hours 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 18 points 15 hours ago (1 children)

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

[–] zurohki@aussie.zone 8 points 14 hours 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.

[–] MyOpinion@lemm.ee 46 points 20 hours ago (1 children)

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

[–] TheFogan@programming.dev 9 points 19 hours ago (5 children)

I'm afraid we need a good ryme, or a 3 word chant in order for it to actually resonate... anyone got a go woke go broke equivelant for nazi's or white supremacists.

Go nazi go kamikaze?

[–] hitmyspot@aussie.zone 4 points 10 hours ago (1 children)
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[–] griff@lemmings.world 23 points 19 hours ago

go fash, lose cash

[–] JailElonMusk@sopuli.xyz 9 points 19 hours ago

Go Fascist get your ass kicked?

[–] alquicksilver@lemmy.world 5 points 17 hours ago

Go Musk, go bust?

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[–] comador@lemmy.world 24 points 19 hours ago (2 children)

I did nazi that one coming...

[–] blakenong@lemmings.world 4 points 18 hours ago
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[–] Ghostalmedia@lemmy.world 12 points 17 hours 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 15 hours 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 13 hours ago

without being indicted for stock manipulation

The SEC is dead and he has presidential pocket pardons.

[–] RustyShackleford@programming.dev 1 points 11 hours ago* (last edited 11 hours ago)

Couldn't a SPAC buy it out if/once he "comes to Jesus" and steps down as CEO and divests?

Essentially a reformation of the publicly traded company? Granted, these are just my own "pie in the sky" musings.

Ultimately, I think it's logically consistent to want to have Tesla do well as a company, but also still be against Elon Musk in everything he stands for. Personally, I would also discontinue the cyber truck and refocus towards producing an affordable and reliable EV starting at less than $30K. I don't think any of this is going to happen, mind you.

[–] aesthelete@lemmy.world 4 points 14 hours ago

Maybe you could just make like a tree and leave?

[–] blakenong@lemmings.world 10 points 18 hours ago (5 children)

Bezos car company is a lot more practical. I just wish it wasn’t bezos.

[–] Ghostalmedia@lemmy.world 7 points 17 hours ago (1 children)

He also threw a bunch of money into Rivian. He’s basically investing in companies that can make a a delivery truck that is cheaper to run and maintain.

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[–] Jaysyn@lemmy.world 14 points 20 hours ago (1 children)

Well, someone sure is propping up his fascist memestock.

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[–] MuskyMelon@lemmy.world 2 points 13 hours ago

Bet he regrets stopping people from burning down Tesla stores now cause he was claiming insurance for those.

[–] jaybone@lemmy.zip 3 points 14 hours ago

I’m sure Tesla gets an exemption from those battery cell tariffs.

How much that affects product price and influences consumers and the stock price is another question.

[–] Jessica@discuss.tchncs.de 1 points 11 hours ago

Let's put that briefcase back in his hand so he can be left holding it when Tesla's stock tanks

[–] elgordino@fedia.io 6 points 19 hours ago

Maybe if that $56bn bonus goes through he’ll think of something. Heh.

[–] demizerone@lemmy.world 1 points 13 hours ago

He's and the board are going to sell sell sell. It's done.

[–] ninjabard@lemmy.world 2 points 16 hours ago (1 children)

He bought it. He can save it by selling it and all the stock he has in it. The faster he fades into obscurity the better off humanity will be.

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