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How much of it can be attributed to Elon alienating potential buyers? Every shareholder must be thinking this.
A lot. Also, since he's been busy spreading hate on Xitter, Telsa has notably lacked direction and focus. They've just been coasting for the past three years or so. Time for a new CEO.
Guess alienating your primary target demographic and trying to turn angry climate change denying conservatives into Tesla buyers wasn’t a genius move.
Yeah hard to imagine Musk's new right wing fanbase being willing to buy electric cars even if they're made by him.
The dumbest guy I know was going to buy a Tesla because he's a right wing extremist and wanted to support Elon, but he couldn't afford it. He blamed Joe Biden even though he retired early and blew his retirement payout on lottery tickets and cigarettes.
It hurt itself in its confusion... Constantly... Repeatedly... Consistently... Over and over and over and over again... For as long as it lived.
I really always wonder how these people manage to survive. Even breathing must be an intellectual drain for them.
Musk is in the process of destroying Tesla.
Maybe Twitter first, we will see I guess. Worst manager ever.
Could it be because among affluent, environmentally conscious consumers, it's no longer cool to be driving a car made by an unhinged right-wing narcissist?
Musk said on the earnings call that his concern would be, given his current shareholding, that he will have "so little influence" in the future that some major shareholder could strip away his control or make a bad decision.
Or could it be a consequence of dumping shares to fund a megalomaniacal need to own a social media platform?
“or make a bad decision” is hilarious. Like say, insist that the company spend 4 years developing a bizarrely impractical truck that Elton himself said they “dug their own grave” with?
Musk said, adding that he's "not looking for additional economics; I just want to be an effective steward of powerful technology."
Oh yes, we all believe this techno Jesus crap at this point. Right.
I'd say it's more that he's saturated the early adopter market. Selling to a more cost and quality conscious market is harder. The fact consumer reports rates their cars less reliable than McDonald's ice cream machines is a bigger problem than Musk's ego.
Might be different over there, but here Teslas are a great deal. There aren’t yet a lot of cheaper cars than the model 3, and none can beat the range at its price. Compared to Volkswagen, you get a prettier car, with more range and a heck of a lot better infotainment system, as well as some neat included features (like heated seats)
Electric cars generally have heated seats. Since heat doesn't come as a free byproduct, it's more efficient to keep occupants warm by heating the seats than the air.
A) There are way cheaper alternatives, with better build quality
B) A Tesla will flat out lie to you about its range
I have no major issues with my car but for the money, the build quality was crappy. It’s not what you’d expect for a car of that cost.
Can we please have those cheap Chinese EVs flood the market??
I don't think the word "Charlatan" has ever applied to anyone more aptly than Musk.