edyvw
$50 site donor 2025
Yeah, he is more than that. Tesla potentially had a decade more of monopoly over the EV market. But that is gone, if it survives at all in some markets.
2025 so far EV sales up 28%
- Thread starter UncleDave
- Start date
Musk's role in the government audit and departmental restructuring will be tapering off at the beginning of summer. Given the short attention span of the public, the incipient demise of Tesla is mostly just wishful thinking.
edyvw
$50 site donor 2025
Highly doubt. His government role is stroking his ego, and that is a bottomless pit. He will stay there on and off.
Whatever happens, Tesla won't ever again have the position it once had.
Going into details, they actually lost $600 million on car sales. The reason why they are profitable at all is investments and carbon credit sales. That is it.
Believe what you want but that's what was announced at the beginning and was reiterated by Musk again this week.
edyvw
$50 site donor 2025
Even if he pulls out, he will rage-tweet about AfD in Germany etc.
As long as he is in the public eye, he is a liability.
Qtr results were already baked in to the stock price.
Elon shot his company in the foot. Regardless, Tesla still sells about 50% of the EVs in the US, I believe. No one else is even close.
IMO, their customer base problems will not be easily repaired. Let's see if Musk can step up. I have my doubts right now.
edyvw
$50 site donor 2025
He will jump to other things. The stock performance is based on his sci-fi promises. And when it comes to speculation, sci-fi usually works. When he called those divers in Thailand pedophiles etc. I said here that he will ultimately burry Tesla into the ground.
Problem are fundamentals too. They screwed up Cybertruck buyers. Tesla doesn’t want to take them as trade in. I personally never heard of company not willing to take their own product as trade in.
They are not offering anything that world didn’t see last 10yrs.
The longer he sticks around, the less chances company has. He has SpaceX, X, Neuralink etc. and it just won’t work (though his involvement in SpaceX is limited, which was best move by Gwynne Shotwell.
I wish manufacturers had to break down sales by specific models. I think its odd that Tesla lumps the Cybertruck model s and x together and the 3 and y together. Ford does this with the F series trucks as well. Tesla has supposedly only sold roughly 60,000 Cybertrucks throughout the end of May 2025 which leaves ALOT still sitting in holding lots. How long can batteries sit before degradation?
The emerging Chinese Middle class are starting to have a "buy Chinese, support Chinese " kind of like how so many Americans look for the "Made in the USA' sticker on products. Tesla should be very thankful to GM and VW as both companies went in and set up vehicle manufacturing early on and were required to partner with a local Chinese auto manufacturer. Tesla was the first company not required to do so.
ThecModel S according to Business Insider had the largest year over year drop in resale value.
Then add in two potential lawsuits. One stemming from inaccurate odometer readings and a second from a previous Tesla employee who beat arbitrage and was treated horribly for bringing up a flaw in the formats.
I agree, actually it ends in the month of May.
With that said that’s only part of the problem as far as I’m concerned. I said this way before he got active in government.
They have a limited product line, Americans are in love with SUVs and Tesla’s product lineup is more reminiscent of four-door sedans. Tesla‘s problems started way before his involvement with government. Their problem is called competition.
They used to be the only game in town and now as far as I’m concerned, they are the only one in town without fossil fuel alternatives.
True for the automobile enthusiast Tesla performance blows most product offerings from let’s say general motors out of the water.
But most of America does not care how fast their small to midsize or even large SUV will run a quarter a mile as long as it’s just fast enough
That odometer problem seems like an outright scandal
I wish Tesla would report sales by country.
It’s the only car manufacturer that I know of that does not report the number of cars it sells in the United States
You do realize Tesla sales growth is in the dumpster regarding the USA.
It could not be any worse and it’s been this way, even before musk got into government.
Tesla EV sales down 9% first quarter
GM EV sales up 94% first quarter
GM profits up first quarter, Tesla profits in the toilet first quarter
It will continue this way unless something changes within Tesla
It’s called competition and I have been saying this as you know in this forum for probably two years. Tesla had a 15 year head start in the electric vehicle market. General Motors is just coming on line in the electric vehicle market and it’s reception has been phenomenal.
Never mind the fact that electric vehicles in the present form are not going to overtake gasoline, so Tesla lacks a fossil fuel car.
Never mind it’s pathetic limited product line turning out nothing new except an obnoxious truck that no one wants.
I’m not saying it’s hopeless for Tesla, but they aren’t king of the hill by any means when it comes to automobiles. They may or may not be able to defend the title in the electric vehicle market, but they need to grow sales faster than GM’s 94% growth.
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I thought the employee one was settled (she won $1M), now its just about appeals and such. Typical HR things - you can find them in about any big company they just don't make the headlines.
On the odometer one, if its as blatant as claimed I would sure think we would have seen comments here - we have a number of Tesla owners on this board. The lawsuit alleges the odometer is off by a factor, not just a few percentage points, which I find hard to believe. I also believe the NHTSA allows odometers to be off by a specific amount - 4% I heard once. It would not surprise me at all if every car company arbitrages that and there all off by 3.99%
?
edyvw
$50 site donor 2025
The bigger problem is that that scandal is lost in slew of other bad news.
Yeah, Discounts all over the country. Your post prompted me to look up here. Seems to be the same all over.
https://www.autotrader.com/cars-for-sale/2023/tesla/model-3
4WD
$50 site donor 2025
Yet Chevy and GMC LT sales are separate …
What makes that odder to me - is if you don’t do EV - pretty much the two GM product lines you will carry …
(Our dealer moved on from the others) …
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