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.

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.

  • Bytemeister@lemmy.worldEnglish
    33·
    14 hours ago

    Step down from Doge, open the files and lay bare this administration.

    Offer to buyback every single Cybertruck.

    Appoint a board of directors elected by Tesla employees, with representatives from each department to manage the long term goals and policy of Tesla.

    Make a low cost, highly configurable electric car. Essentially an electric 90’s Civic.

    Or better yet. Pay me 500 million a year and I’ll do all of this for you.

      • Bytemeister@lemmy.worldEnglish
        1·
        35 minutes ago

        Nah, I would have the company buy them all back, repair and rebuild them with better parts. In 10 years they’ll be legendary like Deloreans, then quietly open up orders for them.

        It’s a win-win. People who want out of the truck now get their money back. The company and die-hard CT fans make a killing when these things become somewhat rare and collectible.