How do you know it's a first year-over-year sales drop without first having a second year of drops? Isn't that what year-over-year means?
this post was submitted on 23 Apr 2024
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He shot down his cult of personality in favor of the base that shits on electric cars and bombed his brand by releasing an all-purpose truck that can't even survive a car wash. Tesla will get what it deserves with a CEO like him.
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I think people just realized that Tesla's aren't that great. They're not build well, simple repairs cost a fortune and for the same price you get better vehicles from other manufacturers, especially from ones in China.
Also, the resale values are…not good.
Really? I looked at prices of used EVs recently and was dissappointed at how expensive they were. I would have liked to be able to afford one as a first car.
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It's a flip-flop, spring head... Fliiiip floooop??
Since Musk outed himself as pro-right-wing idiot with his X fiasco, the mostly left leaning electric vehicle crowd is looking for untainted brands.
This probably is true for some people, which is why I hope he steps down.
Me, I'm waiting for the prices to come down (more than the recent price cuts) on the Model 3, or for a more affordable AWD EV with similar range to become available.
I order online from Amazon and Walmart too, it doesn't mean I agree with their CEOs, board, or business practices. The shit those companies get away with is arguably worse than Musk's right wing BS on X, with union busting and employees depending on benefits to survive.
If you're able to make a statement and buy something else, great! I support that. My requirements for a vehicle are: full EV, AWD, 300+ mile range, final cost under 40k. The access to supercharging also seems nearly essential, but I'm willing to explore my options if they meet the other requirements. I also never want to buy from a scumbag car dealer again. That really doesn't leave me any other options that I'm aware of.
If not, I guess I could stick it to Elon and just buy another ICE vehicle...
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looking for untainted brands.
I wish them good luck for the hunt
I'll settle for one where the CEO isn't a Nazi.
Let's be honest, they are looking for brands where it is not everyone's first association that the CEO is in the news every week for being in the wrong side of the culture war. They don't mind if the company they buy from does some union busting and buys raw materials mined by slaves, as long as it's drowned out by the marketing of said brand.
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🍿🍿🍿🍿🍿
This is all because they failed to award Elmo with those billions. Quick, there is still time to save the company. /s
aw yehh die!!!
Infinite growth bad but a drop in quarterly sales also bad.
I'm honestly shocked. Who could have predicted? 😲
Honestly, if another CEO steps in and Elon retires, the company might actually recover. Right now the image of Tesla is tied too closely to Elon who we know is an asshat.
It seems like it would be a good move to have him step down.
I'm not sure they will though, I think the board is probably still stuck in the mindset that their company is valued highly because of Musk.
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Depends on what you mean by "recover". It might recover in the sense that the entire company won't go bankrupt and will find a sustainable way to continue existing, but it will never recover to the current stock worth. Tesla has been grossly overvalued as whatever huge potential it had has been squandered. The stock will drop regardless of what Tesla does and it's highly unlikely it will ever reach such worth ever again.
I've got coworkers who literally think Elon is humanity's savior. This came up today (shared a pic of a tesla w/ a bumper sticker that said "I bought this before we knew Elon was crazy..." and they IMMEDIATELY started gargling his metaphorical balls).
There's a tiny sliver of market that represents the overlapped portion of 1) hopeless rednecks, and 2) people interested in owning an electric vehicle... that's Tesla's target customer. It's gonna saturate in a hurry, but it's also a cult-like following of cash cows eager to be milked. My money's on Tesla's performance steadying out and maintaining a not-great but not-bad-enough-to-tank-the-company level of financial success.
They might finally develop the affordable, mass market car that Musk has been claiming is in the works for years, instead of idiotic and expensive passion projects like the cybertruck.
Musk thinks he already did that with the model 3, right? Billionaires have no concept of “affordable” after all.
It's the Model 2, which he has being talking about for years but it's not clear if it will ever happen.
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Musk instead is now going all in with AI and Robotaxis.
Probably realised that "full" self-driving the way people think of it is not likely to happen in our lifetimes. And Tesla's existing system is an out and out scam.
But I expect he'll try and combine it with his stupid tunnel idea, instead of, I don't know, a train?
But I expect he’ll try and combine it with his stupid tunnel idea
That was the original idea. It was supposed to be self-driving buses to get a higher throughput. Then the buses went away and were replaced by normal cars, and then self driving was replaced with human drivers. The convenient lift to get to the tunnels was replaced by normal escalators and what was left from all those lofty plans was the underground taxi farce, with rgb lighting.
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It’s funny how so many were confident FSD really was safer than human drivers 10 years ago. Some even said it’s irresponsible not to let these self driving cars drive on the street.
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Relaxi-cabs
Idk, I think the idea of selling trucks want bad. Americans love trucks. That being said, the execution seems very poor.
The execution is very poor, and I'd rather these dangerous monstrosities go away and be replaced by smaller, less dangerous, and more practical vehicles. And ideally, car ownership will decline over the long term with viable alternatives to driving hopefully being developed across the world (but that's a whole other discussion).
Yes. Try living in DWF. The truck are the problem for all kinds of reasons.
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The idea of a truck EV isn't bad market wise, look at Rivian for example. It was purely poor execution, no doubt attributed to Musk.
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Let’s hope it stays there.