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.

  • boughtmysoul@lemmy.worldEnglish
    15·
    8 hours ago

    So let me get this straight.

    Elon Musk is the reason Tesla is tanking and his solution is more of him?

    How many Ds of Chess is this? I’ve lost track.

    • vxx@lemmy.world
      91·
      6 hours ago

      Tesla is a person cult.

      If any other company had such earning reports and a disatrous earnings call like tesla did, it would go down at least 30%. Tesla went up 30.

      Sure, it’s possibly the most manipulated stock on the market, and regulators get axed, so we even don’t know how much of the cult is left and how much is coming from billionaires pockets that pump and dump all day to get the money of the hopeful.

      There will be a hard line where the Pool of idiots with money to rob dried out and they crash harder than Theranos.