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[–] 160 points 3 months ago (5 children)

Maybe if Elon throws out a few more Nazi salutes, it will fix the problem. Surely that will increase sales.

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  • [–] 67 points 3 months ago (3 children)
  • [–] 3 points 3 months ago (2 children)

    39? Like the nazis were nice and respectable before 1939?

    Should say at least 1933 for when hitler got appointed Chancellor. 1920 when the party got formed. 1924 for the beer hall putsch. Maybe 1938 for the Kristallnacht.

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  • [–] 69 points 3 months ago (2 children)

    Absorption by SpaceX incoming.

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  • [–] 108 points 3 months ago (18 children)

    How do you lose money selling electric cars when two oil critical straits are blocaded

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  • [–] 103 points 3 months ago (4 children)

    By having your CEO come out as a fascist, pissing off the demographic that tends to buy EVs and also stagnating while allowing your competitors to catch up.

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  • [–] 16 points 3 months ago (2 children)

    Sadly, their car sales are back up in Europe since unfortunately nobody has morals anymore. The real answer is "blowing your money on the next grift - AI and robotics"

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  • [–] 8 points 3 months ago

    Supporting the election of rightwing oil sponsored Nazis that will cancel the subsidies on your vehicles is another way to lose profits.

    I’m starting to wonder if Tesla doesn’t actually want to sell cars, and would rather rent rides like uber though, just like the rest of the late stage capitalist hellhole is trying to do.

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  • [–] 32 points 3 months ago

    However, the company's gross profits dropped as operating expenses climbed far quicker than revenue, in large part thanks to AI-related capital expenses and other research and development

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  • [–] 32 points 3 months ago (3 children)

    Teslas are objectively last Gen. The only reason they still sell well in the US and some other markets is tariffs.

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  • [–] 27 points 3 months ago

    Other US companies are actually competing with them for market share now, too. It certainly isn't helping Tesla sell.

    Also, Teslas are starting to get the reputation they deserve: overpriced shitbox vehicles that have horrible build quality because Musk has stripped anything good out of them for profit.

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  • [–] 12 points 3 months ago* (6 children)

    In the US, the market has soured on EVs and the federal tax credits have gone away.

    Outside the US, China is eating their lunch.

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  • [–] 6 points 3 months ago (3 children)

    The US has absolutely not soured on EVs, you need to read the headlines in your bubble more critically. The increasing rate at which EVs are selling in the US is increasing slightly less quickly. Which is all the oil company headlines need to spout bullshit.

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  • [–] 3 points 3 months ago (1 child)

    Yeah, while there are some folks that are die-hard must have gas cars, lots of other folks experience instant torque, smoothest and quietest drive imaginable, and replenishing range without having to go out of your way to a station. Wondering when the next maintenance needs to come and there's no oil, no wearing belts, no super hot engine bay, just some things like wiper blades and a bit more rough on tires owing to generally higher weight.

    There are downsides and awkward fits for some people. My apartment dwelling colleague would be screwed since his place has no available residential charging. Road trips can be more inconvient (though viable and perhaps worth it if you are taking a road trip every few months but spare yourself a weekly trip to the gas station). But certainly there's a market for which EVs provide more value than combustion vehicles.

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  • [–] 1 point 3 months ago

    Currently it's cheaper to road trip on gas than electric, mainly because NACS supercharging is so expensive, currently around $0.70/kWh for non-Teslas at superchargers. Once the CCS chargers start converting to NACS prices will hopefully fall due to competition. Also gas prices seemed destined to go up more and once they climb to the mid $5's, electric pulls ahead again. An EV still makes sense overall because for most people most driving is not going to be road trips and so slightly higher costs for a road trip are going to be more than paid for due to local driving but unfortunately right now road trips are not a strength of EVs.

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  • [–] 42 points 3 months ago (33 children)

    Yet somehow the asshole is a trillionaire. That don't sit right with me. tf is going on

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  • [+] -18 points 3 months ago (27 children)

    He isn't, anymore. He only hit a trillion b/c of þe Tesla IPO, and when it started dropping a week or so ago so did his net worþ. Much of his net worþ is tied up in stocks.

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  • [–] 28 points 3 months ago (13 children)

    net worþ

    What the fuck is a net worb?

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  • [–] 30 points 3 months ago (10 children)

    He's using a "thorn" cuz he's so tistic and awesome.

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  • [–] 8 points 3 months ago (8 children)

    I feel like it'd be a lot more interesting if they used more random non standard characts like ß, æ, œ for example.

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  • [–] 3 points 3 months ago* (5 children)

    Œ and ẞ are very standard in French and German. Both at the same time if you travel to Alsace-Lorraine.

    English should be reformed with diacritics, full stop.

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  • [–] 2 points 3 months ago (1 child)

    English mostly dropped diacritics since it made things weirdly complicated inter-regionally in England since some regions used them and others didn't. Frankly if you're going to try to reform English through non organic it'd probably be better to just toss the latin alphabet outright and make something new. Personally I'd go with using a derivative of Anglo-Frisian runes personally mostly cause it'd be funny.

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  • [–] 7 points 3 months ago

    He's using a "thorn" cuz he's so tistic and awesome.

    The poster's stance is that one day they hope to see thorns in AI generated text.

    This is probably quite difficult to actually happen, as LLMs will see the characters as a spelling mistake compared to their general corpus of text and correct them.

    In the meantime it makes their posts difficult to parse and irritates other readers, so surely this can be considered a win for everyone in the fight against AI. /s

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  • [–] 12 points 3 months ago (2 children)

    Correction, the SpaceX IPO is what briefly made him a trillionaire on paper. And yeah, that stock is in free fall too. Likely to be moreso when the locks come off for the people who got free shares as employees. If you look at the stock, and the way he set it up (his 1 share is worth 10 of everyone elses in voting power, as well as other weirdness) it's not a long term stock. No one but a moron or a Musk Stan would keep it.

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  • [–] 24 points 3 months ago (9 children)

    Downvoted for use of stupid characters. So cringe. It’s the tinfoil hat of text.

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  • [–] 14 points 3 months ago (3 children)

    I thought I was the only one. I wanted to Hulk punch the guy over IP.

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  • [–] 0 points 3 months ago (4 children)

    I downloaded for defending a rich person. "His networth is tied up in stocks" is the kinda shit someone says who doesn't understand that that doesn't make them any less rich. A trillionaire means a trillion dollars of your shit is owned by him, houses and farmlands and workers and production capacity and art. No one should be allowed to have more than 10-20 million, at that amount they can pick someone to never have to work again in their life every year for the rest of their life. That's too much money.

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  • [–] 7 points 3 months ago (1 child)

    Not defending, just an explanation, and one that if anything would enrage Elon more.

    He's still an absurdly over-wealthed taint stain, but the specific numbers over that threshold were just not quite as substantial as other (also somewhat imaginary) numbers.

    Point in fact, he was a trillionaire, and now he is not, but he didn't lose anything real. He still has every bit the amount of real wealth and control over all that stuff you listed that he had before, just the number shifted by billions of dollars while preserving every last thing of import that was wrong with his wealth. He is no longer a trillionaire but that means absolutely nothing about the problems his wealth pose in real terms.

    At some point, the numbers cease being a thing for meeting their needs, their comforts, and at some point even their every whim and preference they could possibly imagine. It just becomes a score and they peg their egos to the score. This is a level no one should ever be at.

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  • [–] 1 point 3 months ago

    I understand and appreciate what you're getting at but the comment chain was:

    • I can't believe Elon musk is a trillionaire, that doesn't sit right with me.
    • he's not a trillionaire, his stock went down, most of his wealth is in stocks
    • i downvoted because that statement sounded like a defense of the wealthy, not the TH letter (which I actually like, sorry to the people on Lemmy who seem to have a hate boner for it).

    I understand how his wealth is tied up and how volatile stocks are. The reality is Elon will be a trillionaire again this year or next, and more importantly he will not be the only trillionaire we see by the end of this decade unless something is done about it.

    So I appreciate your comment. My point was only "no one should have a trillion dollars" is a far more important conversation to be having than "actshully his numbers went down this month and he's not a trillionaire".

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  • [–] 9 points 3 months ago (1 child)

    It's not defending a rich person, it's a statement of fact pertinent to the conversation.

    Musk has most of his net worth in volatile investments. The total value of those investments once exceeded $1tn, but have lost value and no longer exceed $1tn. Therefore, he is no longer a trillionaire.

    No other implications were made. Stop tilting at windmills.

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  • [–] 0 points 3 months ago

    I'll post what I said to the other guy who thought it necessary to explain stocks to me.

    The comment chain was:

    • I can't believe Elon musk is a trillionaire, that doesn't sit right with me.
    • he's not a trillionaire, his stock went down, most of his wealth is in stocks
    • i downvoted because that statement sounded like a defense of the wealthy, not the TH letter (which I actually like, sorry to the people on Lemmy who seem to have a hate boner for it).

    No, I do not think saying "actshully his numbers went down this month and he's not a trillionaire" is value added or demonstrating a grasp on how wealth works. Elon will be a trillionaire again this year or next, and more importantly he will not be the only trillionaire we see by the end of this decade unless something is done about it. He will not always have his money heavily tied up stocks, and he'll begin diversifying it. The difference between someone having 900 billion and 1.1 trillion is not significantly important, they're both unbelievably bad.

    Maybe I'm responding too much to this chain, he obviously wasn't heavily defending him, but it is what people tend to say before they defend him elsewhere in the chain. I'm just interested in keeping these societal issue topics more focused and clean.

    Billionaires shouldn't exist. That's the important part of this that I want to echo and protect. I'm sorry if it sounds like I'm "tilting at windmills" or making the cause seem bad, that's not my intention.

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  • [–] 79 points 3 months ago (17 children)

    The company missed Wall Street expectations, despite its core automotive segment generating just over $20 billion in revenue, up 23 percent from a year ago.

    How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

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  • [–] 50 points 3 months ago* (11 children)

    As always, people have short memories, or just do not give a shit about ethics

    https://www.nytimes.com/2026/06/26/business/tesla-elon-musk-europe.html

    Tesla’s vehicle sales rose 77 percent from January through May compared with a year earlier, the European Automobile Manufacturers’ Association said this week. In May, Tesla sold 22,000 cars in Europe. That’s more than Ford, Nissan or Honda, even when including their fossil-fuel models.

    Many people seem to have put aside their personal feelings about Mr. Musk after Tesla cut prices for its entry-level models to levels that are competitive with comparable gasoline or diesel vehicles and inexpensive cars from China. In some countries, Tesla’s Model Y sport utility vehicles can be leased for less than 300 euros, or about $340, a month.

    “Once you go down the pricing scale, people pay less attention to ethics or morality,” said Matthias Schmidt, an independent analyst in Berlin who tracks electric vehicles sales. “Tesla’s product has become so appealing from a price perspective, it’s almost too good to refuse.”

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  • [–] 18 points 3 months ago* (last edited 3 months ago) (2 children)

    The people I know who bought one don't give a shit about ethics. They stayed away from them for as long as they were socially unacceptable, but as soon as the storm blew over they saw their chance to buy one.

    Just... a data point. My experience is that at least 20% of a population doesn't care about stuff like this. They care about their own social status, but not ethics.

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  • [–] 6 points 3 months ago (1 child)

    Targeting 20 percent of the population isn't the type of business model that puts your stock this far above all the established automakers though. The correction on the junk stock can't come soon enough.

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  • [–] 4 points 3 months ago

    I want you to be right, but I'm more skeptical. I see all over the place companies explicitly targeting a profitable subset: the biggest suckers of the available suckers. Higher margin, fewer whiny customers. Bonus points if it creates a cult-like fanbase (a lot of big brands manage to cultivate this).

    Saw a story where a company explicitly had a strategy of "increase prices by 10x, and it may scare off 90% of customers, but the 10% left will be a wonderful gold mine". Particularly shortages in the tech industry swayed a lot of folks that advocated for high-volume, low-margin to low-volume, high-margin.

    So if 20% are ride-or-die for Tesla and Musk, then it might be a decent enough move to double down on those 20%.

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  • [–] 33 points 3 months ago (5 children)

    As the old saying goes..."Ethics are a luxury that poor people can't afford."

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  • [–] 17 points 3 months ago (4 children)
  • [–] 3 points 3 months ago (3 children)

    If your neighbor has an EV and you don't, suddenly you've decided that you're poor

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  • [–] 20 points 3 months ago (1 child)

    When I see people drive them, I wonder why you would buy such a thing.

    After a few years on this country's hole filled roads and stone paved streets, they start to break down and develop a distinct squeaking noise, indicating that the build quality is not good at all.

    Still, I think it's more of a fashion statement from vain people that will trade it for a new car in 4 years, so build quality does not matter. It says "Look, peasants, I have an imported american car. Envy me, you Peugeot driving scum."

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  • [–] 2 points 3 months ago

    How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

    Lots of Aussies, lots of Europeans at least. Why I've given up being depressed by my fellow humans, 10% are good, 10% are assholes and 80% don't give a shit.

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  • [–] 37 points 3 months ago (3 children)

    Every now and then there's a news about these corporations crashing but after a week they are all back at their all time high. This sort of news doesn't seem to achieve nothing but give these corporation visibility and keep better news at bay.

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  • [–] 34 points 3 months ago (13 children)

    I would rather walk than buy a tesla

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  • [–] 10 points 3 months ago* (10 children)

    There are a couple local teslas with the "I bought it before I knew how awful he is" stickers and like, okay, I can understand how that might happen. Still gonna judge you until there's some evidence you don't suck, but I'm willing to be forgiving on that one.

    ... However there's also a local cybertruck with that sticker, and buddy no nobody's buying it, stop trying to lie your way out of the consequences for your actions it just makes you look even worse. FWIW I've seen people throw rocks at the truck twice, so there's some hope for the future.

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  • [–] 5 points 3 months ago* (9 children)

    There are a couple local teslas with the “I bought it before I knew how awful he is” stickers and like, okay, I can understand how that might happen. Still gonna judge you until there’s some evidence you don’t suck, but I’m willing to be forgiving on that one.

    Which is absolute bullshit fucking lies.

    Cause hes been a piece of shit his entire fucking life. He's been a piece of shit since Paypal (Which was notorious for stealing peoples money when he was still part of it, hell..probably still is today). The whole "I bought it before I knew how awful he was" bullshit is the equivalent of nazi's ripping off their swastikas, and when confronted saying they knew nothing but what they've heard is awful and terrible.

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  • [–] 9 points 3 months ago (5 children)

    I know a few very decent people who have bought like 6-7 years back. Especially back then this was just (at first sight, they were paying later when services came...) the best electric car out there. This has changed (BYD etc), and I don't want to get into the general "cars suck" discussion here. Not my poimt. All I wanna say is that I in no way judge per se anybody driving an "old" model S. Not every average customer did the research and maybe it was a bit more known to the general public in the US than in the rest of the world what a douchebag Elon was let's say pre 2020. All the newer/Tesla versions and their buyers? They can go fuck themselves because no excuse after DOGE any more. You're directly supporting fascism. Everybody knows today.

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  • [–] 3 points 3 months ago (4 children)

    What do you think about folks buying them second-hand? Some friends of ours are fairly liberal and dislike Musk, but they wanted an EV and couldn't afford a new one. So they bought a used Tesla. As a liberal, I think the environment is my top issue... So I just shrugged. We can't fix humanity's bullshit while society is collapsing due to worsening climate disasters. It can be hard to get people to focus on something so esoteric though when people are struggling with more immediate needs, so I get the opposing view that it's lower priority even if I disagree.

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  • [–] 1 point 3 months ago

    For me it really depends on the business model. Okay he won't profit from the purchase but how much will you still (be forced to) pay in the Tesla ecosystem with a 2nd hand car and shift capital to him? I am really uninformed about this but this would be my guideline in the decision.

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  • [–] 1 point 3 months ago (2 children)

    Second hand is risky now. They aren't putting money in his pocket, which is good, but they'll still feel the fallout of his actions the same as his sycophants.

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  • [–] 1 point 3 months ago (1 child)

    By "feel the fallout", do you mean they won't be able to buy replacement parts when the company goes under/ there will be a ton of maintenance due to poor product quality? Or do you mean the blowback from other liberals/ progressives? If the former, I can't help but agree. If the latter, I guess that's what I'm trying to take issue with/ head-off.

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  • [–] 6 points 3 months ago (2 children)

    He had good PR for quite a while. Yes, he's always been who he is, but the general public never had that information until recently. There are absolutely people who bought Teslas early on that didn't know.

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  • [–] -2 points 3 months ago (1 child)

    Bullshit.

    The general public always had that information. Its why I've personally hated him since the fucking 90s. Since fucking paypal he was known as a cunt. Same with Peter Thiel.

    People just put blinders on because they got big boners over electric cars and martian habitats. Cause thats the real issue here. Its not that people didnt know, Its that people willfully ignored, as they always do, because they wanted their neat shinies. Unfortunately for them, Musks miserable, worthless, cunt behavior continued to grow and get worse until they couldnt maintain their willful ignorance.. The same willful ignorance that they now try to hide behind to pretend they didnt know what he was, to justify giving him the money to become what he is.

    If you didnt know what a piece of shit he was, its because you averted your eyes, because the information has always fucking been there, willfully ignored, but its fucking been there.

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  • [–] 1 point 3 months ago

    I'm confused. Why does Musk's behavior matter? Americans only care about money. Epstein...corruption...no one cared until gas got expensive.

    Are Tesla sales down because of Fascist salutes? Or because Americans still aren't buying EVs and the rest of the world has access to cheaper, better EVs?

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