Elon Musk Is Running Out Of Ideas To Save Tesla
www.forbes.com
He's dialing down his DOGE role but Tesla needs a new hit EV and none is on the horizon. And the company’s booming battery business will suffer from Trump’s tariffs.

Summary

Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%.

Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues.

Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter.

Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.

  • bluegreenwookie@bookwormstory.socialEnglish
    0·
    9 hours ago

    There is only 1 way to save that business and thats for elon to get rid of it.

    Nobody is going to forget whats he’s done or the fact that he is a nazi.

    • AA5B@lemmy.world
      0·
      3 hours ago

      That may no longer be enough. It won’t matter if people no longer boycott them but

      • huge money loss in Cybertruck
      • investment in robotaxi won’t pan out for years, if ever
      • in US, batteries are mostly from overseas and heavily tariffed
      • all the US protectionism won’t be enough if they lose China and European markets
      • other companies are finally catching up, while they wasted their efforts
      • semi has potential, but that’s a very conservative market and environmental regulations are getting rolled back so there’s no longer that push

      There’s going to be blood at that company. A huge reset, in addition to musk leaving, is what they need

    • glitch1985@lemmy.world
      0·
      3 hours ago

      I think Tesla as a whole is done unfortunately. People aren’t going to forget all this BS the board of directors has allowed him to do.