Is Elon Musk in Trouble?

[KaraBulut]

A bunch of Wall Street guys were giving interviews today trying to push "buy!" for Tesla.

In spite of this, the stock was pretty much flat and still considered overvalued.

 

[Alistair]

Apparently the recall includes every single Deplorean they've sold because the SS trims (with the shitty finish) keep falling off.

Basically the cant rail is just held on with some kind of magic glue that is subject to 'embrittlement'

Y'all getting what you deserve for spending ridiculous money on a cheap piece of plastic shit covered with cheap stainless glued to it.

Tesla Recalls Every Single Cybertruck Over Stainless Steel Trims Falling Off | Carscoops

151 Cybertruck owners filed warranty claims after noticing the roof trim panel above the windows was coming loose

www.carscoops.com

Unexpected disassembly

 

[johaninsc]

 

[johaninsc]

 

[rareboy]

In fairness, he probably already has access to the plans.

 

[NotHardUp1]

From Betty Bowers:

ANGRY PROTESTERS: "We're going to ruin Cybertrucks!"

TESLA: "Hold our beer."

What it means in the near term is Ttrump will try to throw more contracts to Tesla and Starlink.

What it means in the long run is an endless series of Musk's competitors dragging him into court for the conflict of interest. In the long run, courts must find against him due to his demonstrated relationship with Trump that is not arm's length.

 

[rareboy]

 

[rareboy]

A confirmed real tweet by der Reichsgruppenfurher celebrating the death of the DoE. The irony. It burns.

 

[rareboy]

 

[rareboy]

Trade-ins are up 300% for teSSla vehicles as the after-market is collapsing.

The people we know who bought one in the 'happier' days are not driving them or have been getting rid of them.

The one thing though, is that Canucks are not apparently as likely to torch tem or deface them or even the Reichsbatterieladegeräte stations. (much).

Tesla Trade-Ins Are At An All-Time High

JPMorgan analysts said this week they struggled to think of another time “a [car] brand has lost so much value so quickly."

www.huffpost.com

 

[rareboy]

 

[rareboy]

 

[johaninsc]

 

[KaraBulut]

He'll be lucky if stock is the only thing that the Tesla board dumps.

https://www.cnbc.com/2025/03/21/elon-musk-tells-tesla-employees-hang-onto-your-stock-in-all-hands.html

• Tesla CEO Elon Musk told employees at an all-hands meeting Thursday night that they should keep their stock, which has plummeted in value this year.
• Musk touted the company’s prospects in the robotaxi market and in humanoid robots.
• Regarding some of the reported instances of vandalism, Musk said “stop being psycho!”

Meanwhile, stock market analysts are of different minds. Some are saying "hold", others are saying "buy", while others are saying "sell".

https://www.cnbc.com/2025/03/21/the-tesla-trend-is-broken-so-more-losses-likely-lie-ahead-says-carter-worth.html

Tesla's challenges run deeper than controversy around Elon Musk

The company is still valued at more than 100 times its earnings - but it faces problems that experts say go beyond questions around its CEO

www.bbc.com

Ben is a staunch electric car advocate. He runs a communications firm that promotes sustainable businesses in the UK. Yet now, he says, the Model Y has to go – because he disapproves vehemently of Tesla CEO Elon Musk's actions, especially the way he has handled firing US government employees.

"I'm not a fan of polarisation, or of doing things without kindness," he says. "There are ways of doing things that don't ostracise people or belittle them. I don't like belittlement."

Ben is part of a wider backlash against the Tesla boss that appears to have been gathering momentum in recent weeks, since Musk was appointed head of the controversial Department for Government Efficiency (DOGE), charged with taking an axe to federal government spending...

This year has also begun badly, notably in Europe, where there was a 45% fall in new registrations in January compared to the same month in 2024. There were further falls in major European markets in February – although the UK was an outlier, with sales rising 21% – as well as in Australia.

Meanwhile, shipments of Tesla's Chinese-made cars, which are produced for sale both in China and abroad, fell more than 49% in the same month...

"If you look at their product line-up, they haven't had any fresh models recently, except for the Cybertruck, which is really niche," says Ms Valdez Streaty. "They've had a refresh of the Model Y, but it's not a big splash. And there's so much more competition out there."

 

[rareboy]

Musk's pitch to the employees seems like quid but with no pro quo.

In fact, it sounds like a pathetic attempt to browbeat.

Most of them probably won't sell their shares unless they are also looking to bail from the company and/or know about the rot if any, inside.

If the price has to go below $114 to trigger margin calls...as I've said, it won't get to that level. It might get to the 120's but there will be buyers looking to get influence with Trump and Musk who will prop the price up in exchange for this access or deals.

While I would love to see teSSla actually trade at a 'real' value based on underlying value...

Having written that, I remmeber years ago when Blackberry traded way above its value and then once competitors carved up market share it dropped to about a tenth of its fantasy pricing.

 

[rareboy]

And perhaps this is the reason why Musk is panicking because someone has tracked sales by employees?
I haven't seen the actual source for this claim by the Krassensteins...but it kind of checks out that if the Board members are dumping stock,
so would the employees...either because they knew about the Wankpanzer recall coming...they know that something even worse
is on the horizon for recalls and product sales...or they see the CEO wrecking the place and figure it is time to
get out, because even if he is replaced, the teSSLa share price is goiing to head below $100.

 

[rareboy]

A reminder that Musk declares that empathy is a weakness.

 

[rareboy]

 

[rareboy]

I don't think that Musk actually 'loves' any of his children as individuals.

They are all just products, intended to spread his genetic material and colonize Mars.

 

[rareboy]

Everything you need to know about Xitter now. Gotta say that if the major noise on a platform is coming from the Owner...seems pretty likely that just about everyone else is finished with the site. They are just talking to one another at this point.