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Is Tesla in trouble?

etiennebausson 2y ago
The cybertruck sure has a shitty reputation, and that was before the recent recalls. On the more rest of their offer, there is heavy concurrence, both from US actors and chinese. Teslas don't sell as well as they used to in Europe either, in part due to Musk himself rather than any issue with the product (and of course chinese and european automaker competition). Not sure how Tesla's labor conflict is going in Sweden, but last I heard it was not going in Tesla's favor.
- skc 2y ago
  >The cybertruck sure has a shitty reputation, and that was before the recent recalls. I thought the consensus was that it only has a shitty reputation amongst non-owners. I don't get the appeal myself but owners seem to love them pretty genuinely
  - thunky 2y ago
    > I thought the consensus was that it only has a shitty reputation amongst non-owners. Unfortunately for Tesla non-owners are the potential buyers.
- dagw 2y ago
  last I heard it was not going in Tesla's favor. It's definitely going in Tesla's favour. They've found work-arounds for most of the barriers the unions have thrown up and signed deals with various small non-union shops for a lot of what their union workers used to do. Now it's basically just a war of attrition where it comes down to if Tesla can live with the inconveniences longer than the union can keep their workers on strike, and by all accounts it looks like the union is blinking first. In fact several of the striking workers have apparently left the union and gone back to work, and the union just the other day allowed some of their striking workers to go back to work at Tesla without getting any concessions from Tesla. It turns out that simply refusing to engage with the union at any level and on any points, and making it clear that you literally never will, is a surprisingly effective strategy.
  - consp 2y ago
    > It turns out that simply refusing to engage with union at any level and on any points, and making it clear that you literally never will, is a surprisingly effective strategy. Only because they don't play by the Swedish cooperation model. If they are smart they try to force a change of law and Tesla can go pound sand.
    - dagw 2y ago
      What law do you propose they introduce that would lead to Tesla "pounding sand" that also wouldn't fundamentally change the "Swedish Model".
- whamlastxmas 2y ago
  Go watch video reviews of the cyber truck, it is universally loved and is met with extreme enthusiasm
Ekaros 2y ago
Trouble as in survive as car manufacturer and trouble as massive devaluation of market cap are two separate things... I believe later one will come, but as car company they are unlikely to die.
bryanlarsen 2y ago
They are profitable with no debt and $20B in the bank. Their competitors all have between $100B and $250B worth of debt.

The cybertruck sure has a shitty reputation, and that was before the recent recalls. On the more rest of their offer, there is heavy concurrence, both from US actors and chinese. Teslas don't sell as well as they used to in Europe either, in part due to Musk himself rather than any issue with the product (and of course chinese and european automaker competition). Not sure how Tesla's labor conflict is going in Sweden, but last I heard it was not going in Tesla's favor.

skc 2y ago
>The cybertruck sure has a shitty reputation, and that was before the recent recalls. I thought the consensus was that it only has a shitty reputation amongst non-owners. I don't get the appeal myself but owners seem to love them pretty genuinely
- thunky 2y ago
  > I thought the consensus was that it only has a shitty reputation amongst non-owners. Unfortunately for Tesla non-owners are the potential buyers.
dagw 2y ago
last I heard it was not going in Tesla's favor. It's definitely going in Tesla's favour. They've found work-arounds for most of the barriers the unions have thrown up and signed deals with various small non-union shops for a lot of what their union workers used to do. Now it's basically just a war of attrition where it comes down to if Tesla can live with the inconveniences longer than the union can keep their workers on strike, and by all accounts it looks like the union is blinking first. In fact several of the striking workers have apparently left the union and gone back to work, and the union just the other day allowed some of their striking workers to go back to work at Tesla without getting any concessions from Tesla. It turns out that simply refusing to engage with the union at any level and on any points, and making it clear that you literally never will, is a surprisingly effective strategy.
- consp 2y ago
  > It turns out that simply refusing to engage with union at any level and on any points, and making it clear that you literally never will, is a surprisingly effective strategy. Only because they don't play by the Swedish cooperation model. If they are smart they try to force a change of law and Tesla can go pound sand.
  - dagw 2y ago
    What law do you propose they introduce that would lead to Tesla "pounding sand" that also wouldn't fundamentally change the "Swedish Model".
whamlastxmas 2y ago
Go watch video reviews of the cyber truck, it is universally loved and is met with extreme enthusiasm

Ekaros 2y ago

Trouble as in survive as car manufacturer and trouble as massive devaluation of market cap are two separate things... I believe later one will come, but as car company they are unlikely to die.

bryanlarsen 2y ago

They are profitable with no debt and $20B in the bank. Their competitors all have between $100B and $250B worth of debt.