The article says that Musk is no longer interested in cars. He's pivoted Tesla into AI and robotics so he wants it treated like a startup. Great news everyone! Sales don't matter!
The best part about that is the people who still bought these cats despite everything we know about Musk will be the ones who get fuck over by the pivot.
It will continue to decline until they kick Musk out of the company. The board is currently staffed by his supporters, so it will take institutional investors finally waking up and doing something.
15 Comments
JeeBaiChow@lemmy.world · 36 pts · 246d
Not a bloodbath unless Elon actually gets fired and the stock finally reflects the market reality.
DrBob@lemmy.ca · 30 pts · 246d
The article says that Musk is no longer interested in cars. He's pivoted Tesla into AI and robotics so he wants it treated like a startup. Great news everyone! Sales don't matter!
galoisghost@aussie.zone · 15 pts · 246d
The best part about that is the people who still bought these cats despite everything we know about Musk will be the ones who get fuck over by the pivot.
PunnyName@lemmy.world · 19 pts · 246d
And anyone who gets hit by those cars.
fort_burp@feddit.nl · 3 pts · 246d
You mean cats
HeyThisIsntTheYMCA@lemmy.world · 1 pts · 245d
Sorry I have a cold
KillerTofu@lemmy.world · 7 pts · 246d
Oh fuck he’s selling cats now too?
SaveTheTuaHawk@lemmy.ca · 4 pts · 246d
He funded cat juggling in South America since the 80s.
Ersatz86@lemmy.world · 3 pts · 246d
Acting the jerk is his special purpose
SaveTheTuaHawk@lemmy.ca · 4 pts · 246d
P/E ratios, EBIT, that's all woke math.
These stans think robotaxis (which already exist) are worth a trillion dollars.
bunkyprewster@startrek.website · 15 pts · 246d
Tesla saw its total volume drop from roughly 326,000 units in 2024 to just over 235,000 in 2025. That is a staggering 27.8% year-over-year decline.
reddig33@lemmy.world · 6 pts · 246d
It will continue to decline until they kick Musk out of the company. The board is currently staffed by his supporters, so it will take institutional investors finally waking up and doing something.
SaveTheTuaHawk@lemmy.ca · 2 pts · 246d
if they kick Musk out, TSLA is worthless. The value of the company is based on his corruption with the Trump admnistration.
SaveTheTuaHawk@lemmy.ca · 2 pts · 246d
fort_burp@feddit.nl · 3 pts · 246d
Stock price has nothing to do with company performance. The stock market is a game.