▲ 836 ▼ Tesla profit tanked 46% in 2025 | TechCrunch (techcrunch.com) submitted 9 months ago by some_guy@lemmy.sdf.org to c/technology@lemmy.world 148 comments fedilink hide all child comments Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.
[–] baggachipz@sh.itjust.works 1 point 9 months ago (3 children) I want to believe. But, trillion dollar pay package. permalink fedilink source parent hideshow 3 child comments replies: [–] a_non_monotonic_function@lemmy.world 1 point 9 months ago (2 children) Why do you think the pay package was so important right now? Folks this rich don't need it, that's why they get paid mostly in stocks with like $1 take home. Same reason Trump "donated" his salary. Optics when you can make so much more. A dude like this would normally leverage stock to get low interest loans that they live off of and can write off. A lot of people will shy away from Tesla permanently and his true believers are starting to crack. permalink fedilink source parent hideshow 2 child comments replies: [–] baggachipz@sh.itjust.works 1 point 9 months ago (1 child) I’m just so cynical at this point. His car company is crap, he’s a right-wing joke, but his public company is near an all-time high. I see so many new teslas where I live, it’s so disheartening. permalink fedilink source parent hideshow 1 child comment replies: [–] a_non_monotonic_function@lemmy.world 1 point 9 months ago Same, but news just hit today of him converting an entire car factory over from cars to robots, and he is canceling entire lines of cars. This is after the abject failure of the cyber truck. You can only take on so much technical debt. permalink fedilink source parent
[–] a_non_monotonic_function@lemmy.world 1 point 9 months ago (2 children) Why do you think the pay package was so important right now? Folks this rich don't need it, that's why they get paid mostly in stocks with like $1 take home. Same reason Trump "donated" his salary. Optics when you can make so much more. A dude like this would normally leverage stock to get low interest loans that they live off of and can write off. A lot of people will shy away from Tesla permanently and his true believers are starting to crack. permalink fedilink source parent hideshow 2 child comments replies: [–] baggachipz@sh.itjust.works 1 point 9 months ago (1 child) I’m just so cynical at this point. His car company is crap, he’s a right-wing joke, but his public company is near an all-time high. I see so many new teslas where I live, it’s so disheartening. permalink fedilink source parent hideshow 1 child comment replies: [–] a_non_monotonic_function@lemmy.world 1 point 9 months ago Same, but news just hit today of him converting an entire car factory over from cars to robots, and he is canceling entire lines of cars. This is after the abject failure of the cyber truck. You can only take on so much technical debt. permalink fedilink source parent
[–] baggachipz@sh.itjust.works 1 point 9 months ago (1 child) I’m just so cynical at this point. His car company is crap, he’s a right-wing joke, but his public company is near an all-time high. I see so many new teslas where I live, it’s so disheartening. permalink fedilink source parent hideshow 1 child comment replies: [–] a_non_monotonic_function@lemmy.world 1 point 9 months ago Same, but news just hit today of him converting an entire car factory over from cars to robots, and he is canceling entire lines of cars. This is after the abject failure of the cyber truck. You can only take on so much technical debt. permalink fedilink source parent
[–] a_non_monotonic_function@lemmy.world 1 point 9 months ago Same, but news just hit today of him converting an entire car factory over from cars to robots, and he is canceling entire lines of cars. This is after the abject failure of the cyber truck. You can only take on so much technical debt. permalink fedilink source parent