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It's most incredible to me that this company, obviously in distress, still has not fired their CEO.
by josefritzishere 1y ago
It's most incredible to me that this company, obviously in distress, still has not fired their CEO.
- Rover222 1y agoMy god, people are so brainwashed. You really think the most effective CEO in generations should... be fired. It's absurd.
- testing22321 1y agoThey sold more vehicles in the most recent quarter than ever in their history. It’s always interesting when the perception given by the media is so far removed from the actual facts.
- kmontrose 1y agoYoY sales are down while other automakers are up, Q3 might be an artifact of EV incentives expiring. Iirc other manufactures also saw an increase in EV sales in Q3.
- lesuorac 1y agoEh downvote. This is so trivially look-up-able. > [1] Total revenue decreased 12% YoY to $22.5B. YoY, revenue was impacted by the following items: > - decline in vehicle deliveries [1]: Page 5 - https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-2025-Update.pdf https://www.tesla.com/sites/default/files/downloads/TSLA-Q2-...
- stronglikedan 1y agoI'd imagine the entire EV segment suffered the same decline as people start to realize what a pain in the ass they still are, myself included. I can't wait to get rid of the failed experiment that is my EV and go back to ICE. Only two more years on my lease.
- recursive 1y agoCurious. I've talked to a number of EV owners, and that's the first I've heard that. Most sentiment seems to be between meh-alright and never-going-back-to-ICE. I'm curious which part of the experiment failed for you.
- IncreasePosts 1y agoYeah, I have a model Y and don't intend on offer buying a non-EV if reasonable.
- vsl 1y agoThe opposite actually: the market is growing, only Tesla sales are shrinking: https://electrek.co/2025/09/25/tesla-tsla-down-22-europe-while-evs-were-up-30/ https://electrek.co/2025/09/25/tesla-tsla-down-22-europe-whi...
- rootusrootus 1y agoTesla is in trouble for exactly the reasons many of us saw coming. Irrespective of Elons political antics, Teslas product offering strategy is very different from the rest of the market. They’re banking on this approach changing the market, my bet is they are wrong. Model 3 and Y are long in the tooth, getting stale.
- mschuster91 1y ago> Model 3 and Y are long in the tooth, getting stale. Musk's antics and focus issues (i.e. too many resources focused on Cybertruck) aside: The thing with Tesla is, they operate completely antithetical to the classic car industry. The classic car industry designs a model series and signs four-ish year contracts with all the suppliers for the expected amount of vehicles to sell, with a few extension clauses to cover for higher than expected demand. During these four years, the "rebrush" is designed, keeping most of the car the same but incorporating learnings during production, newly developed technologies (e.g. improved compute power) and maybe retooling to make production more efficient, and then it's another four-ish years that are used to make the next generation. That business model makes sense when operating with a shit ton of suppliers, so both the manufacturer and the suppliers can plan for the mid term. Tesla however, just like SpaceX, takes pride in not following this business model. As much as possible is made in-house, which means less vendors to deal with, and that enables continuous improvements and iteration. The downside is that it makes life so much harder for spare parts because any given part might just have been in production for a few weeks if not days, and for consumers and consumer protection agencies it's orders of magnitude harder to warn about construction defects because there is no such thing as a "generation" any more.
- _fizz_buzz_ 1y agoI think they were talking about Q3 and not Q2.
- JumpCrisscross 1y ago> Eh downvote “Please don't comment about the voting on comments. It never does any good, and it makes boring reading.” [1] https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- lesuorac 1y agoIsn't that saying don't write "Why is everybody downvoting me?".
- etchalon 1y agoI think next quarters results are going to be a lot more indicating of the company's health than the most recent one, since the ending of federal subsidies inflated demand across the industry. But "more vehicles than ever" is factually false, according to Tesla itself. They delivered ~397,000 vehicles in Q2-2025. They delivered ~437,000 in Q4 of 2024. So I'm not sure what you meant by that statement.
- sottol 1y agoBeat Q4'24 by 0.3% in the quarter that EV tax credits ran out and EV buyers used their last chance to pocket it. Most other EV models had 50%+ sales lift that quarter.
- nkrebs13 1y agoMost legacy manufacturers were/are still trying to figure out how to produce EVs to compete. Looking at this month's KBB report for EV-first brands: YTD Sales - Lucid: 23.4% - Tesla: -4.3% - Rivian: -13.2% Lucid is the big surprise there to me (though only ~8K sold).
- sottol 1y agoI think Lucid just released their SUV, Lucid Gravity. That might explain it. I've seen a few driving around now but that's about all I know.
- Aurornis 1y ago> They sold more vehicles in the most recent quarter than ever in their history. EV tax credits were only available through Q3. There was a rush to buy EVs before credits expired. If you’re only looking at that one quarter, that’s the most biased signal you could get.
- bdcravens 1y agoThat quarter is an asterisk for every EV maker, due to the ending of US subsidies. (ditto for whatever decline we see in Q4)
- blackoil 1y agoTSLA is near all-time high and more valuable than next 10 automakers combined.
- LargeWu 1y agoAnd it will be, until it isn't. It certainly isn't on the basis of fundamentals. It's purely vibes, but that won't last forever.
- ekianjo 1y ago[flagged]
- avh02 1y agoWait till you find out about honda Edit: for context, look up ASIMO.
- dlivingston 1y agoand Hyundai owns Boston Dynamics.
- ekianjo 1y agoSaw it in real when it fell from the stairs. Not impressed.
- chronci739 1y ago> Other car manufacturers make robots? I didn't know. No shit they make robots. Toyota also has a machine that builds the machine. Tesla is not special in that regard. Oh, you mean humanoid robots. I’m guessing you purchased FSD? How’s that going? One day. The future. Believe. The. Hype.
- gorpy7 1y agoTesla’s current products are similar to older failed products from other manufacturers. Tesla’s future products are similar to older failed products from other manufacturers. Tesla’s current products are largely profitable. Just exactly why are we bashing on attempts to bring products to market? I will say i view the “lies” as woefully aspirational but not malicious in intent. and i do think the lines can blur. but i’d rather have cool new things and a few fools fooled benevolently than, for instance, no true EV market.
- kibwen 1y agoTSLA is a meme stock; the CEO's antics are the source of its value, and the board knows this.
- izzydata 1y agoIt's interesting that people are willing to take the risk buying a vehicle from a company that is effectively a meme. I take my safety seriously and I'd prefer the company that builds the vehicle I am driving to also be serious.
- lotsofpulp 1y agoTeslas rank pretty highly on safety reports. https://www.iihs.org/ratings/top-safety-picks https://www.iihs.org/ratings/top-safety-picks https://www.nhtsa.gov/ratings-search https://www.nhtsa.gov/ratings-search There was also that guy that tried to murder-suicide his whole family by driving off a cliff and everyone survived. Crazy considering the picture of the crumpled car.. https://www.nbcnews.com/news/us-news/luck-tesla-family-plunged-cliff-rcna64547 https://www.nbcnews.com/news/us-news/luck-tesla-family-plung... Is there any evidence Teslas are not at least average, if not above average in safety? Edit: see post below for insurance loss comparisons, which would be the most accurate data in my opinion: https://news.ycombinator.com/item?id=45582701 https://news.ycombinator.com/item?id=45582701
- noboostforyou 1y agoSafety reports can be misleading apparently - https://philkoopman.substack.com/p/debunking-tesla-safest-car-on-the https://philkoopman.substack.com/p/debunking-tesla-safest-ca... Tesla gets high test scores, but real world results seem to differ - https://www.forbes.com/sites/stevebanker/2025/02/11/tesla-again-has-the-highest-accident-rate-of-any-auto-brand/ https://www.forbes.com/sites/stevebanker/2025/02/11/tesla-ag...
- lotsofpulp 1y agoAccidents <> safety. Accidents could be caused by inattentive and/or aggressive drivers due to Tesla vehicles’ auto pilot functionality and higher torque. The question is if driving the same way in the same conditions in the same places, would one experience more injury in a given model of Tesla versus a competing car?
- hearsathought 1y agoThe stock doubled in the past 6 months. And tsla has a market cap of $1.5 Trillion. To put that into perspective, south korea's GDP is $1.7 trillion. I don't think tsla shareholders are complaining.
- josefritzishere 1y agoThe reason it increased (not doubled) is that their CEOs public behavior drove the value down over 100 points in the months prior. I think the meme stock comment above actually has some merit though.
- hearsathought 1y ago> The reason it increased (not doubled) It did double. Check the april lows. > is that their CEOs public behavior drove the value down over 100 points in the months prior. And yet, he is still CEO. Not only that, didn't the board just award him a new pay package? > I think the meme stock comment above actually has some merit though. A $1.5 trillion meme stock? Don't think so. A S&P500 company that is a meme stock. Don't think so. It is highly volatile, but it isn't gamestop. All I'm saying is that Musk is still the CEO because enough shareholders back him. Why? Who knows. Maybe it's because he's increased the value of tsla from a few billion to $1.5 trillion in the past 15 years. Who knows.
- solumunus 1y agoI would feel better as an investor if he made it a highly profitable company with a trusted brand, instead of heading in the other direction on both fronts.
- b112 1y agoWe certainly need to hold people accountable for their actions, and their words. Yet at the same time, Elon seems to have no filter. I don't suspect him of plotting anything sneaky, because if he was, he'd just imbibe something, and go on about it one night on X. I get more worried about all the CEOs that say effectively nothing. That seem to have PR team coaching them on everything they say. It's the quiet, plotting ones we should be exceptionally concerned about. Because we have no idea what they're really thinking.
- GuB-42 1y agoElon Musk personal brand is incredibly valuable, justified or not. I don't think that he really runs the company, and kicking him out will most likely not change anything technical, but it will affect the company image among shareholders, most likely negatively.
- MBCook 1y agoI thought they couldn’t? Doesn’t he basically control the board through his shares and puppet/crony board members who have little incentive to kick him out? I thought it was similar FB where Zuck owns enough voting shares to be effectively untouchable as well.