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Elon Musk is running out of ideas to save Tesla

www.forbes.com

Elon Musk Is Running Out Of Ideas To Save Tesla

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.

32 comments
  • It's fun to intentionally misread this headline so instead of "Elon Musk is running out of ideas with which to save Tesla" it's "Elon Musk is going to save Tesla by running out of terrible ideas to impose on the company"

  • I never put it together before, but it's wild that Elon has had Trump's ear this whole time and didn't manage to carve out an exception for the tariffs for his own company. Like he's even bad at basic corruption.

  • He could just get on his big fucking rocket, fly to Mars and never come back. That's the best thing he could do for Tesla and everybody on this planet.

  • It's not like he had a lot of ideas to start with. I mean what has he tried other that whining about people being mean to him and getting his bum-buddy to call people that vandalise his cars 'terrorists'?

    • Would have been an amazing post, ruined by the gay-bashing 😔 Queer people had fuckall to do with Trump-Musk, don't make us collateral damage.

32 comments