this post was submitted on 23 Jul 2024
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Tesla

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Discussion of Tesla, Inc.

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

founded 2 years ago
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CEO Elon Musk blames ‘bit of a hangover’ from rivals’ discounting but insists challenges are ‘fairly short-term’

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[–] HAL_9_TRILLION@lemmy.dbzer0.com 8 points 1 year ago (1 children)

I think there might be a bit more than price cuts putting pressure on profits.

Pardon the pontification, I'm probably projecting.

[–] Raiderkev@lemmy.world 7 points 1 year ago

27% drop in California registrations in the last quarter. Go figure... When the CEO wants to be an alt right edgelord and your biggest customer base leans left because you sell fucking EVs. Maybe... Just maybe they don't want to give their money to an alt right edgelord. It's literally the opposite of Michael Jordan's "Republicans buy sneakers too" logic, and I'm glad the company is eating shit as a result. I hope they go fucking bankrupt.