CEO Elon Musk blames ‘bit of a hangover’ from rivals’ discounting but insists challenges are ‘fairly short-term’

  • protist@mander.xyz
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    2 months ago

    I’m sure this has nothing to do with Mr. Musk’s personality putting off potentially millions of buyers worldwide, or with chaotic and unpredictable management that has everyone questioning Tesla’s long term future

    • Sterile_Technique@lemmy.world
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      2 months ago

      Yeah I can’t afford an EV anyway, but if I could, my search would start with “anything except a Tesla”

      Fuck Musk, and everything affiliated with that clown.

  • HAL_9_TRILLION@lemmy.dbzer0.com
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    2 months ago

    I think there might be a bit more than price cuts putting pressure on profits.

    Pardon the pontification, I’m probably projecting.

    • Raiderkev@lemmy.world
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      2 months ago

      27% drop in California registrations in the last quarter. Go figure… When the CEO wants to be an alt right edgelord and your biggest customer base leans left because you sell fucking EVs. Maybe… Just maybe they don’t want to give their money to an alt right edgelord. It’s literally the opposite of Michael Jordan’s “Republicans buy sneakers too” logic, and I’m glad the company is eating shit as a result. I hope they go fucking bankrupt.

  • cordlesslamp@lemmy.today
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    2 months ago

    Just fire some top engineers with a few thousand of the staffs and give Elon another 40 billions package, sure the profit will jack up in no time .