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.

  • cley_faye@lemmy.world
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    7 hours ago

    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
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      6 hours 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
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      7 hours 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
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      7 hours 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