this post was submitted on 08 Jan 2026
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Automotive Industry

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News and discussion about the automotive industry.

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[–] JeeBaiChow@lemmy.world 36 points 2 months ago (1 children)

Not a bloodbath unless Elon actually gets fired and the stock finally reflects the market reality.

[–] DrBob@lemmy.ca 30 points 2 months ago (2 children)

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 points 2 months ago (2 children)

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 points 2 months ago (1 children)

And anyone who gets hit by those cars.

[–] fort_burp@feddit.nl 3 points 2 months ago (1 children)
[–] HeyThisIsntTheYMCA@lemmy.world 1 points 2 months ago

Sorry I have a cold

[–] KillerTofu@lemmy.world 7 points 2 months ago (1 children)

Oh fuck he’s selling cats now too?

[–] SaveTheTuaHawk@lemmy.ca 4 points 2 months ago* (last edited 2 months ago) (1 children)
[–] Ersatz86@lemmy.world 3 points 2 months ago

Acting the jerk is his special purpose

[–] SaveTheTuaHawk@lemmy.ca 3 points 2 months ago

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 points 2 months ago (3 children)

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.

[–] The_Che_Banana@beehaw.org 7 points 2 months ago

should be lower

[–] reddig33@lemmy.world 6 points 2 months ago (1 children)

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 points 2 months ago

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 points 2 months ago (1 children)
[–] fort_burp@feddit.nl 3 points 2 months ago

Stock price has nothing to do with company performance. The stock market is a game.