Tesla's Collapse Continues

[citygator]

Uh oh. Go anti-woke, Go Broke. This will be a case study.

https://www.nytimes.com/2025/07/23/business/tesla-earnings-elon-musk.html

Tesla on Wednesday reported a slump in profit, the third quarterly decline in a row, as the company cut car prices in an attempt to revive sales.

The company made $1.2 billion from April to June, down from $1.4 billion a year earlier. Sales fell to $22.5 billion from $25.5 billion in the second quarter of 2024. Tesla has not reported an increase in quarterly profit since the third quarter of 2024.

Tesla’s weak earnings are likely to reinforce concern among some investors that Elon Musk, the chief executive, is neglecting the car business while he focuses the company’s resources on autonomous driving software, self-driving taxis and humanoid robots.

Mr. Musk reiterated Wednesday his assertion that those technologies will make Tesla “the most valuable company in the world by far.”

 

[struth]

Looks like Tesla cant even invest correctly. Fact is they needed the cash.

https://www.cnbc.com/2025/07/24/tesla-bitcoin-crypto-sale.html

Points

• After buying $1.5 billion of bitcoin in 2021, Tesla sold three-quarters of its holdings the next year as the market was tanking.
• Bitcoin has since rebounded in a big way, jumping about 80% just in the past year, meaning Tesla has lost out on billions of dollars in potential gains.
• In its earnings report Wednesday, Tesla said its holdings of digital assets rose to $1.24 billion from $722 million a year ago, reflecting bitcoin’s rally.

I don't know, if my holdings rose from $722 million to $1.24 BILLION I would be happy.

 

[citygator]

Tesla sells off after Elon Musk scraps his 2025 sales growth target and warns, ‘We could have a few rough quarters’

https://finance.yahoo.com/news/tesla-sells-off-elon-musk-132327705.html

• CEO Elon Musk disappointed investors after warning Tesla could see a second straight year of declining EV sales. He also suggested Q4 could be rough once the U.S. federal tax credits for EV sales expire. All of that might have been acceptable had he provided specific milestones for how quickly he could scale his new autonomous ride-hailing service beyond a dozen cars in Austin. “I wanted to hear more details,” said Gene Munster, cofounder of Deepwater Asset Management.

• Just over a month ago, the company launched its maiden robotaxi fleet in Austin. The new flagship service crystallized over a decade of investment in artificial intelligence and is meant to be definitive proof the EV maker is now an AI and robotics company.
  
  Yet four weeks later, Tesla has little to show for it. Just 7,000 driverless miles have been logged, Musk’s team revealed in the quarterly call. That works out to 20 miles per car per day, on average.

 

[DigitalDrifter]

And the left continues to celebrate the demise of an all American company that employs American workers.

Of course we shouldn't be surprised, since we all know how the left really feels about their own country.

 

[struth]

And the left continues to celebrate the demise of an all American company that employs American workers.

Of course we shouldn't be surprised, since we all know how the left really feels about their own country.

Of course they do, the reality of Demafascist policies, is that they are anti-American. They want our system to fail, so they can create a Demafacist govt, of oppression and poverty. Look at what they did under Xiden

 

[citygator]

And the left continues to celebrate the demise of an all American company that employs American workers.

Of course we shouldn't be surprised, since we all know how the left really feels about their own country.

We are documenting the destruction of an American company by a right wing nut who alienated his customers to woo people who think his product is too woke. The demise of Tesla isnt being celebrated by the left as a good thing. It is being pointed to as the result of political nuttery.

 

[struth]

We are documenting the destruction of an American company by a right wing nut who alienated his customers to woo people who think his product is too woke. The demise of Tesla isnt being celebrated by the left as a good thing. It is being pointed to as the result of political nuttery.

Last I checked Testa is still the top selling EV car in the world, actually has the top two best selling EVs in the world

The reality is, people just aren't getting on the EV band wagon, and he's right, once the tax credits expire, there is gonna be even less demand.

 

[citygator]

Of course they do, the reality of Demafascist policies, is that they are anti-American. They want our system to fail, so they can create a Demafacist govt, of oppression and poverty. Look at what they did under Xiden

Every accusation is an admission by the right.

Disney:

Search results for query: disney

www.usmessageboard.com

Anheuser Bush

 

[Delldude]

We are documenting the destruction of an American company by a right wing nut who alienated his customers to woo people who think his product is too woke. The demise of Tesla isnt being celebrated by the left as a good thing. It is being pointed to as the result of political nuttery.

And?

 

[citygator]

And?

Dont read about the collapsing of Tesla if it isnt interesting to you. Definitely a roadmap to how not to lead a company. Also another clear example of how Trump makes every single thing and person around him worse.

 

[Delldude]

Dont read about the collapsing of Tesla if it isnt interesting to you. Definitely a roadmap to how not to lead a company. Also another clear example of how Trump makes every single thing and person around him worse.

Funny how many other companies are failing across the country but this one is a biggie for you.

ahh...your infatuation ala Trump.

 

[struth]

Every accusation is an admission by the right.

Disney:

Search results for query: disney

www.usmessageboard.com

Anheuser Bush
View attachment 1140825

I didn't cheer, I just highlighted their stock was dropping, I am glad they turned things around.

 

[leftwinger]

^^^Imagine being so radicalized, you openly root for the failure of an American EV company.

The real kicker is they once drooled over Musk & Tesla. Greatest car ever. Save the planet. Suddenly? DOGE and done.

 

[whitehall]

Hypocrite TDS lefties told us that electric powered cars like Tesla were the future but their hatred for Trump caused them to reverse position and the A-holes don't even realize it.

 

[Carl in Michigan]

Sounds like the drug addict CEO hasnt found rock bottom yet. I wonder when sales will be bad enough that they finally moderate? Markets smells the blood in the water.

View attachment 1118848

https://www.reuters.com/business/autos-transportation/teslas-german-car-sales-continue-decline-may-2025-06-04/

June 4 (Reuters) - Tesla's (TSLA.O), opens new tab sales dropped for the fifth straight month in Britain, Germany and Italy in May, underscoring the challenges the electric vehicle-maker faces over CEO Elon Musk's politics and its model line-up.

Tesla sales in Germany fell by more than a third in May, the German road traffic agency KBA said on Wednesday, even though sales of fully-electric cars rose 44.9%. KBA said Tesla sold 1,210 cars in Germany in May, down 36.2% from a year earlier. Sales from Chinese rival BYD (002594.SZ), opens new tab increased ninefold to 1,857 units in May.

In the United Kingdom, Europe's biggest EV market, Tesla's sales fell more than 45% in May while industry-wide sales jumped 28%.

You guys used to love the brand until he supported Trump. Now look at the hate in you

 

[leftwinger]

Perhaps apples and shoes?

Busch had a commercial with a trannie.
Target sold LGBQT+ product
Walmart same as Target
Disney pushing LGBQT+ in the parks and with their movies.

Tesla just sold EV product not pushing any political leanings.

Only targeted BudLight. Not red Bud.

Where are you when Anhauser Busch sold to Belgium? Did you care for workers then?

I am on record, not wanting any American company to be targeted and fail. Avoiding one of 50 products will not kill Budweiser.

 

[leftwinger]

$7500 tax credit on a $100K car causes pain? Dealers raise or lower prices that much in a day? Based on location, tricks with finance rates, dates, salesperson? Whatever.

We all said EV are fine for many. Get one if you want. Don't make me pay for it. Don't force me to buy one.

 

[TimFitz]

And the left continues to celebrate the demise of an all American company that employs American workers.

Of course we shouldn't be surprised, since we all know how the left really feels about their own country.

This time last year, you and your Trumpster cronies were the ones condemning Tesla and ridiculing him.

now, out of the other side of your mouth, Tesla is an “all American company”

 

[citygator]

Funny how many other companies are failing across the country but this one is a biggie for you.

ahh...your infatuation ala Trump.

First, it is a collapse of one of the biggest companies in the world, not a "biggie for me", its a biggie for everyone. Second, who is talking about Trump? You. I was talking about Elon's right wing shift and how it destroyed Tesla. Elon told his customers that he hated them. They hate him back now and the victim is the company employees and people who used to like the brand.

I see no way out for Tesla but I am not an auto expert.

 

[Delldude]

First, it is a collapse of one of the biggest companies in the world, not a "biggie for me", its a biggie for everyone. Second, who is talking about Trump? You. I was talking about Elon's right wing shift and how it destroyed Tesla. Elon told his customers that he hated them. They hate him back now and the victim is the company employees and people who used to like the brand.

I see no way out for Tesla but I am not an auto expert.

You want to see Musk go down for his support of Trump, you're not kidding anyone.