one thing to consider is that tesla does not make its money by selling cars, but by selling carbon credits to other companies
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Who cares. Tesla is run by a Nazi. It doesn’t deserve to survive. Musk doesn’t give a shit about the environment or saving it. He only cares about his bank balance.
🖕Musk 🖕Tesla 🖕Nazis
You can't un-ring being a Nazi and I won't be buying another Tesla with or without a Nazi at the helm because we all know even if he 'steps down' his fortune will still be tied to his stock ownership.
Nazi Around, Find Out
We hadn't heard much from him over the past few weeks, and now we get this earnings call, and it is far worse than expected. He's known this was coming, and has been laying low, probably hoping things will improve some before making what he knows would be a disastrous earnings call. Its the equivalent of watching your diet 3 days before a doctor's appointment, hoping your weight gain and cholesterol increase won't be as bad as you know it is.
Also, it's a safe bet that his board of directors is livid, and that he has been ordered by his board to get back to work, or be removed as CEO of Tesla.
There is almost certainly a shareholder class-action suit brewing over his reckless and irresponsible behavior over the last several months, which has directly caused severe, and probably irreparable damage to the company's brand image AND it's sales around the world, as well as tanking the stock price, an unforgiveable sin in the investing world. Now that the bubble has popped, it will never inflate again. As future earnings reports are released, and sales continue to slide, the stock will continue to decline, and the cycle will continue until bankruptcy. And it is all traceable to Skum's self-indulgent, egotistical behavior.
The only question is will Skum be the only defendant, or will the lawsuit also name the individual members of the board, for not reigning him in, or firing him. They don't want to be sued alongside him, so they are forcing him to get back to work saving Tesla, thus letting them off the hook for legal liability.
Its doubtful Skum will be able to save Tesla at this point, its almost certainly too late. It is also probably too late to avoid a shareholder lawsuit. Investors have lost millions of dollars, not due to the vagaries of the market, but due to Skum's outrageous behavior, like throwing up celebratory Nazi salutes on national TV, which, as CEO, he should have realized would damage his company and its investors significantly.
And arguing that he didn't recognize the danger in advance is no excuse at all for a CEO, who should have been able to predict the response to his self-indulgent ego bender.
Shareholders have lost many millions, and they won't just let that go with an "Oh well." He's likely going to get sued, and the board is just making sure they don't go down with him.
I give Tesla two years before they file for bankruptcy, and I'm only giving it that long because HitlerPig will give him a bail out that will buy him a little time.
Ketamine does cause brain rot
Tesla cannot be saved until and unless Musk sells his share of the company and completely divorces himself from it. Even that may not be enough, as the brand is so closely associated with Musk that his stain may not wash off, but it's their only chance.
It will, it just takes a lot of years. Lets not forget that Hugo Boss and Volkswagen were nazi germany companies.
They’re still quite popular even though one made military uniforms and the other vehicles.
And that can really only begin with his departure from the company. And his divestment.
A lot of people are going after Tesla because he owns a shit load of it and we want to bury him- not because we particularly care about Tesla.
Once he’s gone from the company, then they can rebuild, it eh…. He has to leave first.
One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.
The logic to support the price is:
Your are not buying the current company, you are buying the cool stuff Elon is making in the future.
Without that leap of faith, the price has to collapse. There is no way an electric car company will ever support even the current stock price.
There will be a tremendous amount of copium ingested before gravity hits, but the bigger fool theory will have its way.
I wonder how many people have gone broke trying to short Tesla. It just doesn't make sense, but apparently the market has an infinite ability to be irrational.
Even if one of his ideas were to apologize for the nazi salute I think the "saving Tesla" ship has sailed.
Has he tried stop being a cunt?
Way too late for that. Too many potential customers will now never buy a Tesla as long as he’s associated with the brand in any way. About the only option he has to try to save the brand is to sever all ties with the company and walk away. But his ego will never allow that.
I would buy a tesla, but only if they fire/disown musk, undo every trace of him, and do a complete 180 politically. Oh and make the cars suck way less.
Even in a very optimistic timeline it would take years for Tesla cars to suck less. I don’t think Tesla has that kind of time any more, now that there’s growing competition from big automakers like Honda & Toyota as well as Hyundai, Volkswagen, etc. and all the other EV companies like Rivian.
Those established automakers have a long history of innovating & listening to customers. As their expansion into the EV market grows, they’re going to put a lot of pressure on Tesla to innovate as well, and that doesn’t mean bowing to whatever whims the CEO has.
If by "being a cunt", you mean "breathing": we can only hope.
Narcissistic personality disorder would never allow such a thing.
things really went to shit when he mimicked hitler. maybe in order to reverse it he needs to mimick hitler again. now what did he do to get out of the mess he created for himself?
Fucked his cousin in a ditch and noshed a grenade, IIRC?
The last idea he had for Tesla was by shitting out the cybertruck.
All he had to do was shut his fucking mouth. Tesla sells a competitively-price product and has a strong moat with their charging network. He is snatching defeat from the jaws of victory, all because he doesn't know how to STFU.
Here's a plan : leave the engineers do their work, stop interfering with innovation, and just shut the fuck up. Not sure it would save tesla, but it would get a fighting chance.
That's how they became so big in the first place.
I honestly think there's going to be a mockumentary about him eventually. The alleged stories are straight out of a sitcom. With his PA distracting him from engineers doing important work, giving him fake people to fire when he got in one of his moods, keeping his wild antics away from social media, etc.
Then she asked for a raise and he fired her, afterwards he unraveled.
Let Tesla fail and Musk too. You don't want to save Tesla as long as the fascist Musk profits from it. Let all his companies fail.
Also don't promise stuff you just can't deliver on. Like how a Tesla would be full self driving in 2014 but next year, or that amazing truck that would be the end game for every company moving stuff, or the new roadster from 2017
Why would you give Musk any useful advice?
Did he try to carry a sink into Tesla?
Tesla doesn’t need him to refocus, the damage is done. He fucked it all up trying to impress everyone at 4 chan with his nazi salutes, deal with it chainsaw performance, firing thousands of people nonchalant, etc.
As long as he’s tied to the brand in any way it’s cooked.
What a fucking loser
But he looked cool wearing the cheese head before he fucked up his attempt to corrupt the Wisconsin judiciary, right?
He had to emphasize on the Roman salute twice
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.
The first disassembly line to recover the materials from the swastidumpter. Ha ha!
There are other, indirect ways to hurt Tesla.
For example, when I call a cab, I tell the dispatcher I don't want to ride in a Tesla taxi. And one dispatcher a few weeks ago told me I wasn't the only one requesting that.
He hasn't shot any migrants from his window in the morning. Maybe shoot migrants from your window? I don't known, that's the part I remember most about Schindler's list.
That could boost sales right?
Has he considered resigning?
That's not enough. As long as Musk owns even one share of Tesla, he makes money each time a Tesla car sells, and a lot of people including I can't stomach that.
I might consider purchasing a Tesla vehicle if I knew Musk doesn't get any of my money. As long as he gets even one cent of my money, I'll buy some other brand.
The whole board and major investors condoned this. Fuck the whole brand. Now and forever. They don't need to be redeemed if they do the right thing, we'll be fine without them. The smart people that actually make things happen will go work for better companies.
He handpicked the board
Exactly. Fuck them.
Reinstate Eberhard and Tarpenning.
Better CEO choice than Elon Musk.