Do they really think this will be “the golden move” to save Tesla? It’s still Musk’s company. The brand is toxic forever.
Musk, with his DOGE, has even abolished the federal department responsible for ensuring that all cars coming to market follow compliant minimum safety regulations. Purely intentional so Musk can market his cars without any oversight. Safe or not. And dare you complain about that: Musk has an army of lawyers who will immediately take any negative publicity or negative comments from users to court. Need proof? https://apnews.com/article/tesla-china-musk-investigation-takeaways-422af6d3c6e7cc88173d12891e8c0a9a
So Elon won’t be to blame when it’s worth less than, say, Ford?
They’re going to bring Richard Bruhn back from the dead for it.
The American consumer is a fucking idiot, this has a high chance of success as people forget about Elon and go back to buying them.
I mean, in fairness, do we have any qualms with the rest of the company? Elon was directly responsible for pretty much all of the cyber truck decisions. But the regular Tesla’s, aside from Elon prohibiting lidar and making false claims about self driving, are pretty decent. Without him, lidar might get implemented, the cyber truck will probably be scrapped, and real engineers will have their voices heard again.
Isn’t that kind of what we want from a company? To realize their errors and remove the cancerous parts?
Are you assuming Elon would no longer own stock or have other ways he’d continue to profit from Tesla?
Why do you want a redemption arc for this overvalued company so bad? You holding a bag?
He will still have a shitload of shares. I don’t need to get into the nitty-gritty detail of whether I hate the company or its products; his stock in it is what allowed him to buy the election for Trump, so fuck Tesla.
But did Tesla facilitate that or was Tesla worn like a puppet by an investor(Elon). There’s a distinct difference and what I’m asking. Do we blame every company that gets gutted by Venture Capitalists? Do they have no path to redemption?
But did Tesla facilitate that
It’s shareholders sure did.
https://www.cbsnews.com/amp/news/elon-musk-pay-package-vote-cbs-news-explains/
It’s bizarre that you’re even entertaining this as an idea.
Unless Musk loses all of his shares, not sold, and not only some, all of them - Tesla is complicit in providing power to Elon Musk.
No they do not have a path to redemption as long as it is *literally the reason he was able to buy (and manipulate for his own gains) Twitter.
Tesla was garbage before Elon came out as a Nazi. The quality control is non existent and has been.
Yes, and that’s another reason the company is failing, and I won’t buy a car from them. But, that’s not the point here, the point is Musk’s stupid antics are having major consequences for him. The only value he’s had for the company for years is as a mascot. The company succeeded so far as it has in spite of Musk, not because of him. Same for SpaceX.
It’s literally the opposite. The company has only done well in the past because of his antics. Tesla currently has a price per earning ratio of 155. It’s only even this low because now people realize he’s a Nazi. In the past, I’ve seen their price per earning ratio go as high as 350. If you know anything about stock fundamentals, you’d know that a normal ratio is around 20-30. Anything under would be a must buy stock and anything over would be a must sell, generally but not always.
But not Telsa. This isn’t the first quarter sales have been down for Telsa. In the past when it happened, Elon would just do something stupid like launch a car into space, make a small flame thrower, or do some stupid meme shit and the price would still go up, despite a bad earnings call.
Since the first non roadster Telsa, they have been making shit quality cars and selling features as a subscription. If it wasn’t for captain dipshit doing stupid stuff and fooling people into thinking he’s smart, that company would have failed. Or he would have sold his portion back to the original owners and they company might have produced quality cars like the Roadster.
Not true. The company did well because of well meaning people who wanted to move away from gas cars. There was literally a documentary “who killed the electric car” before Tesla. It showcased a well loved electric car that was only allowed to be leased and when the lease was up, no one was allowed to buy them. They destroyed them all.
Tesla got to where it is not because of Musk, but because it was a way to rise against the legacy manufacturers forcing us to stay on gas cars.
Musk stirred up some major stupidity, and did not care for quality control when it came to things like panel alignment, but the fact was that was the only option out there. They also added cool things like your phone being a key, or the key card. Lots of little quality of life improvements were brought in. Also I think they had to make a special gel and position for the batteries to not cause fires from a single battery failure. Lots of important (yet likely relatively simple) improvements that all the other manufacturers refused to do. Best we had was a Prius, and other cars that were for some reason made to look ugly and still needed gas anyways.
But they have stagnated. Musk has done all his tricks and they stopped improving. Literally letting the competitors make better batteries soon, which would kill them entirely if solid state batteries come about. I don’t know that Tesla can or needs to come back to the forefront, but without them we probably still would not have electric cars.
Calling a company, which actively vendor-locks pretty much the whole car using their propiatery software while having the worst warranty ever, pretty decent is beyond me.
Especially a company belonging to the car lobby.
To be fair, I think people get blinded by the fact that Elon is a massive twat, and miss all the other little bits.
I think you’re probably giving a potential new CEO too much credit. You really think that Elon will just relinquish control over his company and let the CEO do whatever? Not a chance.
His company? You say that like Elon owns Tesla. He doesn’t even have a controlling share.
We do, as he’s the biggest shareholder 🙃
They’re overvalued in the triple multiples compared to other American car companies because they’re a meme stock and halfway ran on government subsidies we paid for rather than putting it into education or social causes.
A step in the right direction isn’t good enough when there’s miles to tread.
A step in the right direction isn’t good enough when there’s miles to tread.
So all or nothing? Then you’ll get nothing.
Good, fuck em. There’s no negotiation here. I don’t care if the entire company goes under. What great service is Tesla providing? Not enough mobile beta-testers riding bombs down the rosd? They do nothing for the people supporting them.
I guess a new company will have to rise up so entitled Californians can be tricked by marketing into thinking they’re saving the planet when the batteries were mined by gas-powered machines using the same poor brown folk they feel sorry for on Bluesky.
Cry a river.
At this point, it would be tempting to have all their employees quit and start their own EV company, or join another one. It’s not like the people vanish when a company folds.
This is the reason Tesla love H1B visas.
I’m pretty sure he means that there’s no point in trying to please you because you’ll always set a goalpost that can’t be reached, so there’s no point in really considering your opinion.
Maybe lemmy isn’t for you.
Corporate apologists belong on Reddit with the rest of the fascists.
Yeah, why post on lemmy? Is there no path to redemption for Reddit? 😂
I understand completely why you’d want Elon to fail, but why would you want Tesla to fali?
Because they’re not magically taking away his stock shares. If Tesla succeeds so does Musk, no matter what position he holds. Nothing changes when oligarchs who will happily take food out of children’s mouths to enrich themselves and send US citizen children with Cancer away never suffer any consequences.
And that’s BEFORE we talk about the fact that Tesla cars suck ass now compared to similar segments from competitors. They’re a net negative in the industry and in their influence on humanity. EVs are going to continue to take up more market share worldwide without them.
Endless government subsidies inflating the stock astronomically above any other normal car company, as paid for with American tax dollars.
As a company, horrible QC and manufacturing standards compared to even the worst of their peers, and the insistance on self-driving tech that doesn’t even need to exist for their vehicles to function.
Tesla is a shitcoin turned into a company.
Still means fuck all as long as he holds his Tesla shares. All you’re doing is making him more money by making the shares go up again.
Drive the stock into the forking ground.
I’ll do it. Here’s my CV. As you can see, compared to the current CEO it’s vastly better:
- can beat a tutorial boss. In fact, has beaten many final bosses
- has never done a nazi salute
- is loved by partner and child
To top it off, I’ll do it for the low low price of 200k/year
Dealbreaker round: do you regularly take ketamine?
“A Robin Hood CEO?!”
“And why not? It worked in Men in Tights…”
Don’t sell yourself short with those qualifications you deserve atleast a mil
I vote for this guy to run Tesla, and governement.
I, for one, welcome our new overlordoflocksley
LOL was just shitting on him having no friends, damn this guy literally goes to bed fucking knowing nobody likes him
Anybody else I’d hope their self-defense mechanisms (“Biden’s the reason people hate me” “I’m huge in
Japansomewhere” “no friends but that caviar was great today”) would kick in, but sorry no sympathies extended to those who sent their “heart” out to us
There was a day, not too long ago, where I’d seriously considered buying a Tesla. And I nearly did.
As of today, I for one will never buy a single Tesla product - not a car, not a truck, not a battery, not a robot, whatever - for as long as I live.
And no decision from Tesla leadership will change my mind at this point. Fuck them.
Even if that makes me a crazy old man 30-40 years from now when all this is in the past. Never means never.
I would have 100% bought a Tesla. I just bought a Hyundai Ioniq 6 instead.
There aren’t many EV sedans under $60k.
Maybe I’ll consider a Tesla in another ten years if Elon has divested his stock.
Aren’t Teslas Hatchbacks, or sportsbacks, or fastbacks? The windshield lifts with the trunk door, so not sedans.
I love my Tesla and have zero issues with it. Sure I think Elon’s a moron but I won’t let that fact stop me from enjoying an awesome car.
They are the best EV out there, despite all the shit you hear about from people who’ve never driven or owned one.
They are the best EV out there
First of all, there are a ton of EVs right now, with a new one coming out every day. While Teslas are generally solid EVs, it’s not so obvious thay they are the best. Have you seen the new Chinese ones? Have you tried them?
Second, this means little even if accurate. For the time being, EVs have little purpose due to the technology (mostly batteries) being incredibly underdeveloped for use in vehicles. So “the best EV” is still, overall, terrible.
Their main advantage is supposedly that they are environment-friendly. Well, that is mostly (still not fully) true only if you never swap out the battery. Which in a few years makes the car barely usable. Due to the way lithium-ion batteries work, their condition degrades rapidly when you charge them quickly, or only half-way, or leave them charging overnight. It’s the same as in a smartphone. Just look at people’s iPhone’s battery conditions after one year of use. Except in an EV, battery life directly translates to range.
A Tesla Model S has a marketed range of 373 miles. At 100%, brand new battery condition. Regular use can bring the condition down to as little as 80% over a period of one year. That depletes the car’s range to approximately 300 miles. And the condition will continue to drop. To keep the condition high, you’d need to charge the battery relatively slowly (24-48 hours of charging) and from a very low charge to a mostly full charge. Precisely the same way you keep your phone’s battery condition high. This is simply unrealistic in the context of EVs.
This leaves us with the inevitable replacement of batteries, which alone generate more CO2 emissions to produce than entire combustion engine cars, including driving them for a year on average. Does this still sound environmentally friendly to anyone?
As it stands, the technology just isn’t there for us to be able to make good, environment-friendly EVs. And I’m ignoring all of their other issues here. To include everything, you’d have to write a novel. I don’t mean to hate on EVs too much, but to me personally it looks like currently they just make very little, if any, sense. Maybe in a few years? Chinese companies are successfully developing new types of batteries, but they’re not sharing them with western companies.
We’ll see what the future brings. In any event, don’t stop boycotting Tesla even if the CEO changes. Musk still has a shitload of Tesla stock, so the company’s financial state is closely linked to his.
There’s far too much misinformation in your post to bother. You clearly know very little about EV’s and how they work.
Care to refute any of their points or are paragraphs too hard?
Nope. I don’t waste my time when I know the person I’m replying to is so wrong on so many levels. It’s like trying to argue with a flat earther or an anti-vaxxer. They’re beyond help.
They are the best EV out there, despite all the shit you hear about from people who’ve never driven or owned one.
Oh. You can disregard the opinions of people who haven’t driven or owned a car? How many other EVs have you driven to know Tesla is the best then?
By your own logic I dismiss your obvious Swasticar fanboyism.
There are many people on social media that review EV cars so I don’t have to own every single one to know what’s the best one to buy.
That’s such a stupid take it just makes me laugh.
A lot of what I hear from social media and from friends and family that have tried them is how poor the build quality of Teslas is, how un-fun they are to drive, and how the focus on flash over practicality leads to a car that can be dangerous in an emergency situation. There are much better options even before you consider how Elon is an insane Nazi who is dismantling the government.
Exactly. You’re the one that made it. I’m glad we agree.
I was commenting on your stupid comment, you dolt. Are you trying to be as insufferable as Elon?
Having driven many different Evs now, and through work dealt with Tesla’s for years, I really do not agree with your best EV out there claim. The only model in the lineup I can’t comment on is the cybertuck, as that fucking thing can’t pass my countries safety requirements, lol
I’m right there with you. I was actually considering the model 3 for a while. Even put a deposit down. Then Elon started showing his true colors around when the cybertruck was announced and it just felt wrong to keep supporting him.
For me, its more than just the support.
I wouldn’t trust it even if someone gifted it to me. You don’t know what software runs on there. The car could be programmed to kill you when it see you wearing a LGBT pin on your shirt.
and they you look into thier quality, its overpriced.
Naw if Bernie nationalizes the corpse of the company holding their IP, would be happy to buy two
Would this include a total revamp of everything in the cars?
Teslas product are inherently consumer hostile.
They are bad build quality,. The user interface is made to cut costs not good UX. You need a subscription for things already in the car. Autopilot shuts off just before accidents to not make Tesla liable for the incident.
The list just goes on.
Everything about that company screams “fuck you” at the people buying their product.
So… Why would anyone from them ever listen to you? If you’re complete lost cause to them, why would they cater to your requests?
Hard boycotts and grudges are accounted for. What you’ve done is pushed the line the other way because now there’s one less person to sway them to fix their shit, since there’s no monitary gain in you.
They obviously don’t care what Tesla does beyond now, but this type of reaction is a message to other similar businesses, especially one with a market of generally progressive people. One part is sticking to your own ethics and morals and not supporting a company that supports fascism, and the other part is making it known that other companies that do the same are going to suffer the consequences.
Elon Musk would still own an enormous portion of Tesla, so if you want Elon to be punished you should never forgive Tesla for enabling Musk
As of February 28, 2025, Elon Musk owns approximately 12.8% of Tesla.
12.8% is not an enormous portion. It’s shocking how easily people spread misinformation.
In a bar, 13% of guests openly wear nazi clothes, with swastikas and German military emblems.
Is it a nazi bar?
Godwin’s law strikes again.
He owns over 410 million shares and is the largest single shareholder. That is an enormous amount
It’s under 13% so while he’s the largest single owner, he still doesn’t own an enormous amount. He could easily be bought out.
13% is the threshold for “an enormous amount”?
For a publicly traded company? Yes that’s an enormous amount in that context.
Isn’t it?
I don’t know what the threshold would be… but it would have to be over 50%. If I own 13% of my house, I wouldn’t say I own an enormous amount. I would I own 1/8th my house, which is pretty meagre.
Your house isn’t a publicly traded company. That makes a big difference in this context.
Meh. The only possible reason to keep accumulating after a billion is for respect and power. I’m pretty sure Elon has fucked up both to the point where most of his money gets him nothing. I’m pretty sure he is headed to a “death of despair” type ending before long.
Looking forward to him being found face down in a hot tub
I want you to be right, but I’ll believe it when I see it.
Basically we’re all just waiting for him to die of a ketamine overdose.
I feel so bad for him
Don’t despair Muskquito, people make new friends all the time, even entirely unlikable video game cheaters. There is a nonzero chance you might not die entirely alone. Don’t let the haters following logical trajectories get you down!
He can at the very least commiserate with Billy Mitchell.
I’ve been expecting this, and it isn’t the only thing coming.
Before the recent earnings call, which was far worse than we even expected, we hadn’t heard much from him over the previous few weeks. He knew that terrible call was coming, and had been laying low, probably hoping things would improve some before making what he knew would be a disastrous earnings call. It was the equivalent of watching your diet 3 days before a doctor’s appointment, hoping your weight gain and cholesterol increase won’t be as bad as you know it is.
Also, it was a safe bet that his board of directors was livid, and that he had been ordered by his board to get back to work, or be removed as CEO of Tesla, and now it looks like they are moving toward with firing him. So why that decision?
The probable reason is that now that the earnings call confirmed what everyone suspected, there is almost certainly a shareholder class-action suit brewing over his reckless and irresponsible behavior over the last several months, which has directly caused severe, and probably irreparable damage to the company’s brand image AND it’s sales around the world, as well as tanking the stock price, an unforgiveable sin in the investing world. Now that the bubble has popped, it will never inflate again. As future earnings reports are released, and sales continue to slide, the stock will continue to decline, and the cycle will continue until bankruptcy. And it is all traceable to Skum’s self-indulgent, egotistical behavior.
The only question is will Skum be the only defendant, or will the lawsuit also name the individual members of the board, for not reigning him in, or firing him. They don’t want to be sued alongside him, so they are forcing him to get back to work saving Tesla, or even getting rid of him altogether, thus letting them off the hook for legal liability.
Its doubtful Skum, or anyone else, will be able to save Tesla at this point, its almost certainly too late. It is also probably too late to avoid a shareholder lawsuit. Investors have lost millions of dollars, not due to the vagaries of the market, but due to Skum’s outrageous behavior, like throwing up celebratory Nazi salutes on national TV, which, as CEO, he should have realized would damage his company and its investors significantly.
And arguing that he didn’t recognize the danger in advance is no excuse at all for a CEO, who should have been able to predict the response to his self-indulgent ego bender.
Shareholders have lost many millions, and they won’t just let that go with an “Oh well.” He’s likely going to get sued, and the board is just making sure they don’t go down with him.
Yeah, except he and his brother own majority shares in Tesla and pretty much hand-picked the board. I bet this is nothing but performative; they get a new ‘face’ for the company while he still runs Tesla from the background, Wizard of Oz style.
As of February 28, 2025, Elon Musk owns approximately 12.8% of Tesla
He was ousted as CEO once, and he’s put in preventative measures in every company since.
If they’re replacing him, it’s with his blessing specifically to try and prevent losses. And you can bet your ass that he’ll be a “special employee/consultant” that has the power to veto the new CEO.
He never ran tesla, he profits from it
Oh, he runs it. Just not well. He sucks at real CEO work like he sucks at everything else in his life.
I would have thought he just invested in companies and never really ran them. Then I saw the CyberTruck and I was like: “oh yeah, that’s definitely him”. I mean also Twitter is a shitshow and that’s obviously Musk too.
The board needs to not only punt Elon, they need to buy him out.
I’ll consider Tesla as an option a decade after he’s been scrubbed from the company.
This is the best case scenario.
I cannot coherently express how much I hope he gets margin called on all of the leveraged assets he has that are underwritten by his TSLA shares
I volunteer as tribute if it means I can get fired in 6 months for my incompetence and be provided with a $25 million dollar severance package.
Hell, I can be twice as incompetent for half as much!
I could do it, no way I could do a worse job then musk.
I don’t know you at all, but I know what you’ve said to be a fact.
Your continued support is appreciated. I pledge to not turn Tesla into anything more/less mediocre then it currently is.
me me! pick me!
I vote for this guy… Oh wait I have no shares of TSLA
That’s OK. The most important thing is to be incredibly rich. Can you work that?
Hmmm sorry no. Still pay taxes.
