When I learned that a significant portion of their profits comes from trading carbon credits I realized they are a straight up scam.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/
As their revenues goes down their usage of carbon credits to make money goes up. They account for around 30% of their total revenue as of 2025.
To realize this considering DOGE’s mission to cut government waste is kind of ridiculous. Why won’t he cut off his own company when it is obviously wasting tax payer money!?
Oh wait, that is right. It is all a lie!
But you can’t erase the Nazi salute
i still drive my old Tesla with free super-charging, bleeding them dry slowly, slowly
Godspeed
Imagine what he will do with 100% profit loss.
Maybe we can get him to stop posting his dumb shit on twitter, oh excuse me, X, brilliant name.
100% profit loss means they can still pay their executives and Cs.
Let’s aim for 100% revenue loss.
Let’s aim for getting him to kill himself.
Following his role model
Who didn’t.
Fuck Tesla
If you drive a Tesla in 2025 and don’t have a virtu signal anti Elon anti / anti fascist bumper sticker I assume you’re a Nazi.
Elon, you’ne not a real CEO, “girl”.
If there’s any justice left in this world Tesla will become the millstone around Musk’s neck as he drowns in a shallow lake.
If we want justice we have to make it.
Ooo! Can we add piranhas to the lake we’re building for him? Each of us gets to give him a paper cut… then salt then lime juice. Then a slap. Sorry I guess I got a little carried away…. Because I totally forgot about the alligators too!
I’m gonna need a few tickets to this circus.
Tesla only made a profit in Q1 because of the CO2 tax credits they sell to other car manufacturers.
Tesla is a very heavily subsidized company, in fact Tesla is built on subsidies. Yet Musk has the audacity to claim public workers only interest is to take money from the government without doing useful work!
Without capital gains and tax credits, Tesla would be $600 million in red in Q1! And Tesla continues to lose marketshare fast in Europe.Tbf, most automobile companies are heavily subsidized through the fossil fuel infrastructure that is required for them to exist and be of any use. That includes, but is not limited to:
- oil and gas refineries subsidies
- roads and parking lot subsidies
- tax breaks and gov bailouts
The longer you look at any musky business the clearer it becomes that the foundations are built upon the manipulation and harvesting of public funding.
Whether it be tax incentives to build and operate a factory, manipulation of tax credits, or special grants, the findings are always similar.
Then, if that doesn’t work he calls in the bad guys from planet earth to privately ‘invest’ in his flailing bullshit so they can use whatever it is as a tool to accomplish the evil they want to see in the world.
Considering how dependent he is of government, it’s weird he is so much against it.
But he is so much a narcissist that he thinks that he alone made everything he did possible.
It wasn’t the fact that he was born rich in a rich country that supported his endeavors, it wasn’t the enthusiastic workers and engineers that worked tirelessly because he convinced it was a “project to save earth”!
Elon Musk is disgusting, taking all his privilegies for granted, while wanting to deny working people the bare minimum.
Elon Musk and Donald Trump are prime examples of why we need to tax wealth more.Considering how dependent he is of government, it’s weird he is so much against it
It’s called “Pulling up the ladder behind you”. He doesn’t want anyone else to succeed but him.
DOGE should take a chainsaw to those subsidies.
Everyone associated with DOGE should be serving life in prison for corruption along with dozens of other national security, data & privacy violations.
Okay, but after they take away the subsidies to Tesla.
Absolutely, that would be cutting public wasteful spending for real.
In the pace of 24/7 news coverage this post seems ancient.
The engineers at Tesla have built some amazing stuff, but the CEO who drove them forward for so long has been holding them back for a while now. Time for Musk to go.
Honestly, I’m shocked there hasn’t been a shareholder lawsuit about the Tesla board’s continued support of a CEO who is clearly a liability to the company.
I think they’re in a dicey spot because any investor understands that Tesla is way overvalued, due to its status as a meme stock.
So sure, get rid of Musk for the sake of the business, that does sound like obviously the right move…but at the cost of utterly tanking the share price? Not likely. And make no mistake, getting Musk out of Tesla totally reverses the meme stock status.
Edit: better vocab
Exactly, Tesla isn’t a blue chip like other car manufacturers, the investors interested in Tesla are speculators.
It’s one of the many problems with idiotic speculative bubbles. You can’t slowly shrink them, they only pop. I might be totally wrong about that, I don’t have an actual background here, but it sure seems to be what I’ve seen in life.
He never drove forward shit, modern day Edison would shock and kill elephants if it made him money.
71% profit loss and the stock is still waaaay up from a year ago. Our stock market is completely broken.
It’s propped up by lies and insider trading
The entirety of the US economy is a house of cards
And the subsidies Tesla enjoyed before cancelling them for other EV companies! Typical boomer, pulling the ladder up after themselves…
It’s the conservative way
They’re cunts.
I believe this is just a case of “greater fool” syndrome.
Also, what is the Lemmy version of Rimjob Steve?
Not just the US’s to be fair.
Sadly true
Too many countries have followed suit
My country has built wealth on what can be dug out of the ground, but there is no shortage of buyers
It will be a glorious day when this system finally implodes.
I used to think that way, but I have realised that innocent people will suffer
I’d prefer to see a weaning away from it, with people realising that never again should inequality be celebrated
They will suffer in any case. Inequality must end, by any means necessary.
The stock market was broken from inception. It’s one of humanity’s biggest mistakes.
71% profit loss males me feel uplifted.
I think it’s actually worse, because they have stocked up on unsold cars, and those cars are probably booked at way to high value.
With constantly dropping EV prices, that unsold car park is depreciating fast. And when Tesla finally has to write them down, it will be very painful on the books.
Tesla has worked really hard to achieve cheaper production of scale, but when that scale dwindles, Tesla is stuck with the cost of enormous surplus production capacity. That cost money, and factories will probably have to close, and writing off the value of a big production plant is losing money too.Teslas entire valutation is based on bullshit promises by Elon. Because there is no way they can be somehow more valuable than Toyota, Hyundai, VW, Honda, Renault, Stellantis and several other brands combined solely based on actual sales.
Some claim AI and RoboTaxi, but I bet if they try to implement RoboTaxi this year, it will just be a small test implementation (to learn).
Except Tesla already boast about all the learning they gain from millions of Tesla cars on the roads already.
So how will they “learn” anything useful from just a few “test” cars?
The real reason is of course pure PR.
But despite the limited scope I expect, I still expect it will end in disaster. Because Tesla FSD simply isn’t good enough, and Tesla has an extremely poor track record on safety.
What I would give for similar news regarding Amazon.
I haven’t used Amazon in more than 20 years. And I’m never going to use them.
I still have 175€ in Amazon gift cards from birthday presents and such. I’m not using them but I still said thank you lol
Even tho that probably doesn’t do anything because Amazon already got that money, huh?
Amazon will be delighted to keep the money. Spend the vouchers and donate the stuff you buy to charity if you want, but don’t let Amazon keep 100% margin unused gift cards!
You are basically giving them free money.
Let’s make it 200%
I want to see the fucker sitting on a corner with a tin cup and a cardboard sign
With Trump holding the sign and Musk holding the cup.
Two guys one cup.
Trump can’t write a sign
He’s fucking illiterate
No one said the sign was legible.
True
He’s likely to stop paying attention halfway through writing it due to his dementia and eat the crayon
Most of his income has nothing to do with Tesla.
However it happens, I want to see him ruined.
