Elon Musk Is Running Out Of Ideas To Save Tesla
www.forbes.com
He's dialing down his DOGE role but Tesla needs a new hit EV and none is on the horizon. And the company’s booming battery business will suffer from Trump’s tariffs.

cross-posted from: https://lemmy.world/post/28715622

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.

  • bizarroland@fedia.io
    16·
    15 hours ago

    I don’t understand how he doesn’t understand that the problem is him.

    Surely somebody has got to have the balls to tell him that the reason why everyone fucking hates Teslas is him.

    • sugarfoot00@lemmy.caEnglish
      2·
      10 hours ago

      Deliberately threatening the cohort of people most likely to consider buying your vehicles isn’t exactly a winning strategy. Elon asking ‘how do I woo Tesla buyers back?’ is like the Governor of California asking ‘How do we woo Canadian tourists back?’

      You don’t. It’s like asking ‘how big does the bribe have to be for you to sacrifice your every principle?’ You can’t. There is no argument you can make that isn’t fundamentally offensive on its face. That market is gone forever.