cross-posted from: https://lazysoci.al/post/16752258
At this rate, he’s gonna crash the whole company.
And the tesla market share dropped below 50% in the US EV market.
Kia and Volkswagen are massively eating away at the Tesla share, because under Musk’s leadership, Tesla doesn’t have a Unique Selling Point any more. Other networks are catching up in terms of charging speed and even then Tesla sell access. Their other USP was FSD and Musk isn’t investing enough in it. All this while his products are taking a hit due to his public image. What’s crazy though, if he delivered the new Roadster or the Truck, he would’ve increased market-share.
The truck was never going to increase market share, it’s too divisive, dangerous, and poorly built. Plus slow and expensive to build (even to the low quality standards Tesla is becoming infamous for).
The sports cars is for who exactly? Those don’t increase market share, it’s just a prestige car. Also a big part of the sports car market wants sound, and doesn’t drive them daily either. When it’s a weekend toy, so being electrified has a smaller positive impact, and likely will never even out the material production pollution vs usage pollution.
What if the truck was “normal”? I mean, for now, they’re still selling a lot of the low poly ones, but something sized like a Ranger/Colorado or Maverick and styled more like the R1T seems like a way smarter move for them.
Imagine an alternate history where he never bought Twitter or started a SuperPAC and Tesla made a normal truck, the new Roadster, and was close to releasing the Model 2.
Probably has a lot to do with mainstream car makers catching up, although Musk is definitely becoming a liability to the company.
I think that’s the biggest part. Tesla gained it’s huge market share by having the right product at the right time with the right company image. Tesla should have been focusing on fixing their quality issues, and should have either booted Musk or chained a PR person to his side. Instead they put out the Cybertruck, which is divisive at best, and have a CEO who seems to be doing everything he can to destroy the good will of their core market.
It was inevitable that the mainstream manufacturers would catch up.
Yeah, they wasted time on cars like the Model X, semi and Cybertruck, all needlessly complicated vanity projects that took resources away from the Model 3 and possibly a Model 2. Not to mention the FSD that’s been 2 years away for like a decade now.
If they stuck to their initial roadmap they would probably be in a way better position, although without Musk I don’t know if they would’ve been able to juice the stock the way they have now. His cult is basically keeping the stock price irrationality high.
Seeing a lot of ev6/9 and ionics around me lately. Hyundai/Kia picked a really good time to expand their lineup.
well well well
it seems that the literal opposite of “go woke go broke” is what’s actually true.
Funny how this shit keeps happening
that whole movement is so funny to me, like they tried to move to a different beer after bud light did a harmless advertisement and their replacement WAS FROM THE SAME PARENT COMPANY
Who could’ve known that pandering exclusively to broke rednecks and Russian bot farms was a bad business idea?
Nah, genius move. Here’s a few billion dollars bonus of our shrinking profits from the next decade or so, so you don’t lose motivation. - half brain dead Tesla board.
The board suggested a vote in favor but it’s the investors who voted in the end
The government should cut out their subsidy for Tesla EVs to the tune of the pay increase. Send a message to greedy CEOs to not steal government subsidies for themselves.
Also send a message to the corrupt majority shareholders who voted yes to an absurd pay package. You can bet they get a private call before any major Tesla announcements to get ahead thanks to those votes.
He’d lose all his performance bonuses from the sales cut and the shareholders would want him gone asap.
Weird how when everyone realizes your leader is human trash, they don’t want your products either!
I will never buy a Tesla. Ever. I would buy an EV, sure, but never a Tesla.
I could afford to get one and I would like to have an EV but I will not buy a Tesla also. The Twitter douche is part of my reasoning but also Tesla cars are THE WORST in regard to privacy as they collect a shit ton of data and upload it all the time. Mozilla rated Tesla at the very bottom of their chart of “from Bad to Worst” ranking cars on privacy.
If he’s going to sell his Tesla shares to fund Xitter and his crusade to pull the world to the far right, that could be its best hope. If, say, Toyota or Ford or someone pick up Tesla, cherry-pick its best technology, add their own expertise in actually making reliable cars and keep the marque as their electric vehicle line. They can offload the Cybertruck to Hummer or some other toxic-masculinity-oriented brand.