this post was submitted on 04 Jul 2025
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[–] Ilixtze@lemmy.ml 63 points 1 day ago (5 children)

One would expect the stock to be around 5 dollars after this, but the US economy is such a scam.

[–] buddascrayon@lemmy.world 24 points 1 day ago

No, it's his cultish stockholders. They believe that now he's out of Washington DC he will reinvigorate the brand with his "genius". They honestly believe he's fucking IRL Tony Stark instead of the snake oil salesman he's always been.

[–] RejZoR@lemmy.ml 5 points 1 day ago

The fact that Tesla is valutated at such absurd numbers all based on bs speculations on their FSD and robotaxies, none of which even works well and isn't years late.

[–] hanrahan@slrpnk.net 5 points 1 day ago (1 children)

Plenty of time yet, Virgin Galatic was as high as $1200 from memory, now at 25c.

Thay said, they still sell a shit load of cars.

[–] Laser@feddit.org 2 points 1 day ago

Thay said, they still sell a shit load of cars.

It's only a meaningful metric if there are margins in these sales, which I'm not totally doubting, but the number alone doesn't tell everything

[–] kn0wmad1c@programming.dev 8 points 1 day ago* (last edited 1 day ago)

You're not wrong, but the stock market isn't the economy.

I'm sure our government will make sure he doesn't lose tooo much money.

[–] ExtremeDullard@lemmy.sdf.org 41 points 1 day ago (1 children)

The Cybertruck's design and styling is a reflexion of the person who willed it into existence: it's tone-deaf and disconnected with the reality of what people want. That's what you get from someone who has zero empathy and thinks he understands other people but actually doesn't.

[–] Zier@fedia.io 4 points 1 day ago

Exactly. He's a child who paid for a toy. Not an educated, talented adult who's vision for innovation & progress was made a reality.

[–] Showroom7561@lemmy.ca 4 points 1 day ago

These articles are all full of shit. Unless Tesla's stock drops to zero, they're doing just fine. In fact, their stock has been going up since all this bullshit started happening. It's unbelievable.

[–] Devadander@lemmy.world 33 points 1 day ago (1 children)

Let’s not act surprised that a company headed by a fucking Nazi is unpopular these days

[–] lerba@sopuli.xyz 18 points 1 day ago (2 children)

Lot of other companies run by similar, but less-known nazzies are doing just fine...

[–] ExtremeDullard@lemmy.sdf.org 8 points 1 day ago

You'll be glad to hear that this famous Nazi's company is not.

[–] Devadander@lemmy.world 6 points 1 day ago

No one else threw two Nazi salutes at the inauguration

[–] plz1@lemmy.world 19 points 1 day ago (1 children)

It's kind of akin to the DMC DeLorean, in more than just the chunky aesthetic aspects. That vehicle was a really bad one, too, with regard to build quality and reliability. The Back to the Future movies are probably the only reason there is any cultural relevance to them, after the 80's ended.

[–] Substance_P@lemmy.world 16 points 1 day ago
[–] glitching@lemmy.ml 9 points 1 day ago (2 children)

yeah, this is a "cope" article from dudes I've never heard of before. nothing is collapsing, the shit is still worth insane multiples of P/E, they still sell HUNDREDS OF THOUSANDS of model 3s (close to 400K per annum) and this joke of a "journalist" conflates the unpopularity of the (higly impractical and niche) cybertruck with "teslas".

[–] herseycokguzelolacak@lemmy.ml 5 points 1 day ago (1 children)

Tesla sales in 2024 were lower than 2023. And 2025 sales so far are lower than 2024.

[–] glitching@lemmy.ml 3 points 1 day ago

I would like nothing more (well, there's a few things I'd like more, but for the purposes of this we'll let it stand) than for this fucker to get hurt and for this shit business to implode.

but nothing close to that is happening. sales that are lower than before indicate that there are still sales, nazi sled image notwithstanding. the P/E multiple is still through the roof. there aren't liquidity issues apparent.

this might be an indication that things might be moving the right way, but at present, nothing is "collapsing".

and even if alla that somehow materializes, this doesn't even touch the fucker in the slightest, it is inconceivable how much he's got.

so, this is a cope article.

[–] hanrahan@slrpnk.net 2 points 1 day ago (1 children)

Fair point, the other issue though is the many billions in US subsidies that made Tesla profitable have just been taken away with the OBBBA

[–] accideath@feddit.org 1 points 1 day ago

And, here in Europe at least, the popularity of Teslas has sunken dramatically over the last two years (about 40%), even though the demand for electric cars in general is rising.

[–] oftheair@lemmy.blahaj.zone 14 points 1 day ago (1 children)

Hope it genuinely does collapse and he learns something.

[–] AlexLost@lemmy.world 21 points 1 day ago (1 children)

Hate to break it to you, but people like him think we are just plain wrong and that they got railroaded, not that they made any mistakes

[–] oftheair@lemmy.blahaj.zone 10 points 1 day ago

Yeah we are aware ☹️, but we can still hope.

[–] jaschen306@sh.itjust.works -2 points 1 day ago (1 children)

It's such a shame. The Model Y looks pretty nice.

[–] skozzii@lemmy.ca 3 points 1 day ago

Model Y looks nice in a pictures but the back of it looks stupid in person.