Is Elon Musk hurting Tesla? (Mod Note Post #1)

KCross

https://www.boards.ie/discussion/comment/123213886#Comment_123213886

I bet if you go back a few years you’ll find similar clips of that level of mumbling. It’s normal for him.

sk8board

I’m not sure why you get so hung up on why we see a difference in what Musk is doing, VS the Chinese, however suspect their democracy might be.

This isn’t a left wing V right wing issue either; it’s the fact that the wealthiest man in the world has realised he can use that wealth to buy himself the unelected power of a defacto vice president of the United States, while also interfering in democratic elections all over the world.

He’s attending the first cabinet meeting of the new US government this week too, ffs 😀.

it sets an incredibly dangerous precedent by any global measure, that an unelected individual be given so much power - and it’s never ever happened before on this scale

listermint

https://www.boards.ie/discussion/comment/123213768#Comment_123213768

IIntriguing . Who said they look down on someone for driving a Tesla? Cos I certainly didn't. Are you another of those throwing words into people's mouths ?

Are you the lad that said you sold your Tesla because of musķ? I can't keep up at this point bizarre becomes bizarrio...

liamog

Mod Note: Once again posts removed for bickering. @listermint , @Gumbo, @CMOTDibbler that's now a permanent thread ban. Do not post again on this topic, or post other topics about Elon Musk on the EV forum.

pah

Thank God for that

JohnySwan

There's no doubt at this stage that Musk's actions are having a negative impact on the brand, what I find a little concerning though are the attitudes being displayed towards owners. Including on this forum.

That attitude is out there, and I've seen numerous posts on the Tesla Owners page where owners have similar concerns. Most are less concerned with Musk himself than with the backlash from potential fruit cakes in public.

yagan

https://www.boards.ie/discussion/comment/123216171#Comment_123216171

Are these Irish Tesla owners groups?

The thing with Ireland is that even Irish Tesla owners were already calling him batty over the whole Twitter fiasco.

Public displays that that appear close to a NAZI salute are actual arrestable crimes in some European countries so I can see why repulsion is more felt there than here, where we're more likely to think "the state of your man, he's off his box!".

JohnySwan

https://www.boards.ie/discussion/comment/123216195#Comment_123216195

Ya, it's the Irish Owners group.

SchrodingersCat

https://www.boards.ie/discussion/comment/123216195#Comment_123216195

Your point on other european countries taking the Sieg Heil salute more seriously could make sense alright, when you look at the countries that have had the largest drop in Tesla shares.

MojoMaker

Folks, a couple of objectors here, possibly virtue-signalling - who knows. One in particular, well known for it.

Meanwhile a whole heap of new Tesla customers just from this single board.

Rumours of an imminent collapse greatly overstated I reckon.

Red Silurian

https://www.boards.ie/discussion/comment/123209732#Comment_123209732

For years people have been buying cars with an internal combustion engine helping dictatorships in Saudi Arabia that sell oil to oppress LGBT, reporters and women's rights

But when a man who owns just 13% of an Electric Car company starts working for the democratically elected government of the US and starts appealing to the voter base over there we should consider whether buying that particular product is justifiable?

I guess that makes sense

Red Silurian

https://www.boards.ie/discussion/comment/123216171#Comment_123216171

I'm considering getting bumper stickers to the tune of "I didn't know he was crazy when I bought this car" maybe with the addition of Ukranian and EU flag stickers to keep the haters away.

But then I consider, the people who hate musk tend to be on the more "peaceful protest" side of arguments. Conversely the usual suspects that would go around damaging cars would probably agree with Drumpf policies, so a lot of the reports might be overinflated somewhat. Remember as well there's a cohort of the media, and indeed social media, that want to see the EV movement stopped. Then there's the whole believing anything you see on social media

https://www.boards.ie/discussion/comment/123216566#Comment_123216566

Until end of quarter sales figures are released I would be inclined to take these news headlines with a pinch of salt.

It would be nice if he was less nuts mind…

pah

Doesn't matter what percentage he owns. Musk is the face of Tesla whereas most other CEO's are fairly anonymous.

Yes, it does make sense.

yagan

The thing is with more EV options arriving now on an almost weekly basis Tesla is going to lose market share regardless of musks shenanigans.

During Trump first term he really did a lot of Chyna basking but that didn't deter Chinese customers who could appreciate good US design.

If I remember rightly sales haven't fallen in China but market share has been continuously shrinking as tech oriented Chinese buyers have more and more options for the same and less money.

For example xiaomi who we know more for phones, electric scooters and kitchen gadgets are now competing with Tesla!

JohnySwan

https://www.boards.ie/discussion/comment/123217876#Comment_123217876

No, you're right, but as always, it only takes one fruit cake.

quantum_technician

Margin on Tesla product is in the toilet now.

sk8board

regarding the Share price, the recent drops have actually just brought it back to exactly the level on election day Nov 6th (curiously enough it’s the identical trend to dogecoin, which rose the same % and is back to Nov 5th levels).
Tsla is farrr from a memecoin, but the correlation is interesting - both are trading on momentum and vibes for the past 6 months

sk8board

..

sk8board

https://www.boards.ie/discussion/comment/123221767#Comment_123221767

Well it’s still 14%, which is industry leading, but it’s dropping hard in the results in each financial - Q4 was 14%, down from 19%.

To add some context, the massive manufacturers like the Germans and Toyota operate around 7-9% margins, bearing in mind that they have dozens of models of varying margins, some loss making, whereas Tesla have 2 large volume family cars.

e.g It’s likely the margin on a Rav 4 or an X2/X3 is similar to a model Y, but I’ve no idea

quantum_technician

Last I heard reported on an auto news channel was that it was at 6.5 percent

threeball

https://www.boards.ie/discussion/comment/123217823#Comment_123217823

When he's throwing Nazi salutes and trying to interfere in the electoral processes of foreign countries, promoting extreme right wing ideals, then yes it makes sense.

On top of that he's gutting the agencies that investigate the safety of his cars, whilst managing to offload his cyberjunk to the military as no one else is buying them and he's not even sn elected official.

Red Silurian

https://www.boards.ie/discussion/comment/123224308#Comment_123224308

And he owns 13% of Tesla, far short of a majority

MojoMaker

You're wasting your breath, Musk's antics are being used as a lighthouse for anti-Tesla sentiment.

Long will it continue, and that's fine.

positron

https://www.boards.ie/discussion/comment/123226737#Comment_123226737

Antics? Or calculated greed orchestrating large scale corruption?

Anyway, it will be depressing to look at back at this thread two/three years from now.

Smouse156

Driving my Tesla in Ireland sometimes feels like wearing a red Maga hat

https://www.irishtimes.com/opinion/2025/03/03/driving-a-tesla-sometimes-feels-like-the-equivalent-of-wearing-a-red-maga-hat/

carsfan2

https://www.youtube.com/watch?v=FwHLwZIzKMQ

I think this is relevant to the discussion and worth watching

Oscar_Madison

I guess there’s a few interested parties- those who wish to keep the prices of Tesla at past levels so they won’t lose out- fair enough. Those who wish to see the demise of the company- those who are encouraging a talk down of the brand to enable cheaper secondhand values, so they can purchase themselves.

This thread is unlikely to impact sales prices overall but attitudes in general will - I do know people who have stated that they’ll never buy a Tesla- for some people, indeed many people -personal values are very strong motivating factors and influence their life choices. Tesla will likely dive or survive in the hands of these people.
From a markets perspective, I’d predict an increase in secondhand Tesla sales by owners worried of a price dive in secondhand prices no less those whose personal values influence them to sell.

A market equilibrium will emerge in time I suppose but yeah I’m sure current owners are worried.

September1

https://www.boards.ie/discussion/comment/123209708#Comment_123209708

I do not get why Elon/Tesla does not follow VW here and simply apologize, do some movements similar to VW and have the issue forgotten. He needs a simple PR exercise.

Gumbo

https://www.boards.ie/discussion/comment/123230068#Comment_123230068

arrogance?

Red Silurian

February sales figures for Ireland below… It would seem Irish drivers don't care much about what the Musket gets up to. Next months figures will be the real tell though,

A ship with Telsas on board dropped off its load on the 19th of February, another one is due in 2 days time and 3 ships are due to arrive into Dublin from Zeebrugge between today and Sunday so March could also be a big month