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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[–] DBT@lemmy.world 77 points 1 week ago (2 children)

Tesla doesn’t need him to refocus, the damage is done. He fucked it all up trying to impress everyone at 4 chan with his nazi salutes, deal with it chainsaw performance, firing thousands of people nonchalant, etc.

As long as he’s tied to the brand in any way it’s cooked.

[–] Tramort@programming.dev 19 points 1 week ago (1 children)

But he looked cool wearing the cheese head before he fucked up his attempt to corrupt the Wisconsin judiciary, right?

[–] Ledericas@lemm.ee 7 points 1 week ago

He had to emphasize on the Roman salute twice

[–] jellygoose@lemmy.ca 4 points 1 week ago

What a fucking loser

[–] cecilkorik@lemmy.ca 52 points 1 week ago (1 children)

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

[–] pelespirit@sh.itjust.works 9 points 1 week ago

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

[–] MyOpinion@lemm.ee 50 points 1 week ago (1 children)

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

[–] TheFogan@programming.dev 10 points 1 week 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?

[–] griff@lemmings.world 27 points 1 week ago

go fash, lose cash

[–] JailElonMusk@sopuli.xyz 10 points 1 week ago

Go Fascist get your ass kicked?

[–] alquicksilver@lemmy.world 5 points 1 week ago

Go Musk, go bust?

[–] hitmyspot@aussie.zone 4 points 1 week ago (1 children)
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[–] Bytemeister@lemmy.world 37 points 1 week 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 1 week ago (1 children)

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

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[–] peaceful_world_view@lemmy.world 34 points 1 week ago (13 children)

Has he tried stop being a cunt?

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[–] ininewcrow@lemmy.ca 31 points 1 week ago (1 children)
[–] quetzaldilla@lemmy.world 11 points 1 week ago (1 children)

Better CEO choice than Elon Musk.

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[–] Zaktor@sopuli.xyz 31 points 1 week 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 21 points 1 week ago (1 children)

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

[–] zurohki@aussie.zone 9 points 1 week 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.

[–] pyre@lemmy.world 28 points 1 week ago (1 children)

things really went to shit when he mimicked hitler. maybe in order to reverse it he needs to mimick hitler again. now what did he do to get out of the mess he created for himself?

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[–] comador@lemmy.world 25 points 1 week ago (2 children)

I did nazi that one coming...

[–] blakenong@lemmings.world 3 points 1 week ago
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[–] cley_faye@lemmy.world 21 points 1 week ago (6 children)

Here's a plan : leave the engineers do their work, stop interfering with innovation, and just shut the fuck up. Not sure it would save tesla, but it would get a fighting chance.

[–] raltoid@lemmy.world 19 points 1 week ago* (last edited 1 week ago)

That's how they became so big in the first place.

I honestly think there's going to be a mockumentary about him eventually. The alleged stories are straight out of a sitcom. With his PA distracting him from engineers doing important work, giving him fake people to fire when he got in one of his moods, keeping his wild antics away from social media, etc.

Then she asked for a raise and he fired her, afterwards he unraveled.

[–] Mateoto@lemmy.world 17 points 1 week ago

Let Tesla fail and Musk too. You don't want to save Tesla as long as the fascist Musk profits from it. Let all his companies fail.

[–] camelbeard@lemmy.world 4 points 1 week ago

Also don't promise stuff you just can't deliver on. Like how a Tesla would be full self driving in 2014 but next year, or that amazing truck that would be the end game for every company moving stuff, or the new roadster from 2017

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[–] EndlessNightmare@reddthat.com 18 points 1 week ago

All he had to do was shut his fucking mouth. Tesla sells a competitively-price product and has a strong moat with their charging network. He is snatching defeat from the jaws of victory, all because he doesn't know how to STFU.

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

Well, someone sure is propping up his fascist memestock.

[–] chunkystyles@sopuli.xyz 4 points 1 week ago

I'm not a stock market person. I know fuck all about it.

But I've been watching the stock for a while now, and that's the only conclusion I can come to. Someone has to be buying shit loads of the stock to keep it afloat.

[–] Ghostalmedia@lemmy.world 12 points 1 week 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 11 points 1 week 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 7 points 1 week ago

without being indicted for stock manipulation

The SEC is dead and he has presidential pocket pardons.

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[–] blakenong@lemmings.world 9 points 1 week ago (2 children)

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

[–] Ghostalmedia@lemmy.world 7 points 1 week 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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[–] Tinidril@midwest.social 2 points 1 week ago (3 children)

I'm really interested in Aptera if they can get it to production. It's probably more of a nitche vehicle, but I could see it fitting the needs of a lot of people.

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Did he try to carry a sink into Tesla?

[–] elgordino@fedia.io 6 points 1 week ago

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

[–] altphoto@lemmy.today 6 points 1 week 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?

[–] aesthelete@lemmy.world 4 points 1 week ago

Maybe you could just make like a tree and leave?

[–] jaybone@lemmy.zip 3 points 1 week 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.

[–] atzanteol@sh.itjust.works 3 points 1 week ago

He's gonna sell Teslas... ON MARS! Definitely start in 5 years. Space-X will launch them!

[–] ninjabard@lemmy.world 2 points 1 week 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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