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

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Comments

  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Should've taken the time to get this mod kit

    https://electrek.co/2024/08/16/tesla-cybertruck-modded-electric-tank-for-military/

    I dunno which is more depressing, the fact that this exists or that realistically in the US you could end up needing an armoured car for bringing the kids to school

    Also they turned it into a hybrid with the generator in the frunk 🙄

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 5,658 ✭✭✭yagan


    Toyota are now going to use BYD to produce their future PHEVs. That's a massive consolidation between two of the worlds biggest producers.

    The EU and US tariffs on the likes of BYD is only buying time. BYD could set up in Japan and sell into the EU under the recent EU/Jap tariff agreement on cars.



  • Moderators, Society & Culture Moderators Posts: 42,190 Mod ✭✭✭✭Gumbo


    BYD are building a plant within the EU so that should help.



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Maybe, it's worth remembering that Toyota in particular got to where they are by making some very budget friendly vehicles while still preserving quality and economy

    I'm not sure Tesla is really interested in that market, they've an image as sporty cars which they seem to want to preserve

    I don't think it's an issue of costs or sales, I'm sure they could make a cheap mobile that would sell if they wanted to. I just reckon there's no interest in the company to do it

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Moderators, Society & Culture Moderators Posts: 42,190 Mod ✭✭✭✭Gumbo


    €38k I think is great value. But I agree they need something in the Yaris/Auris €20k range to broaden their appeal. And also stalks!



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  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    I'd forgotten about the indicator stalks 😂

    Elon should get the boot for that alone 🤦🏻‍♂️

    I could see a hot hatch Tesla doing very well in Europe. If they could hit the right balance of price, power and technology then it would be a real winner

    I think the problem with the cheap hatchbacks is that they just don't seem to sell all that well. If you look at the sales stats it's always expensive CUVs topping the charts, so there isn't much motivation for automakers to put in a lot of effort on them

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 24,261 ✭✭✭✭ted1


    I just don’t think EVs can do a hot hatch. The rides to quiet and comfortable.



  • Registered Users, Registered Users 2 Posts: 24,539 ✭✭✭✭Sleepy


    Because the inevitable memes would annoy the hell out of Musk and anything that annoys that prick is good imo.



  • Registered Users, Registered Users 2 Posts: 5,658 ✭✭✭yagan


    The Cyber truck also felt like a completely different unrelated tangent to what Tesla was about up to that point. Telsa was made EVs desirable and sexy in the a new sector that wasn't getting peoples attention with the likes of the Chevy Volt and Nissan Leaf.

    Cyber Truck just feels like a personal Musk fantasy offshoot that's all about insecure people people wanting to feel untouchable. Musk buying Twitter is a continuation of this shoring up, controlling who says what about him.

    In the end he'll probably end up a recluse like Harold Hughes.



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Yeah I think Abarth tried putting an engine noise kit on a Fiat 500e, don't think it quite worked

    Still, a smallish hatchback with good power, acceleration and handling would be a winner I reckon

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Pickups are a big thing is the US (just in case you hadn't noticed 😜) partly because there's some tax credit option if you buy them as work vehicles which makes them more affordable

    This is partly behind the growing popularity or pickup trucks that are basically luxury vehicles and probably never get used for anything resembling work

    There's also been this recurring theme of EVs can't tow, go off-road or do pickup truck stuff, like project the image that you're compensating for something

    So building an electric pickup that's good would be a big image win for a car come, which is probably why so many are making them

    Then Tesla took that challenge and came up with the CT.... can't help but feel like they read the design brief wrong 😂

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users, Registered Users 2 Posts: 852 ✭✭✭gossamerfabric


    Prior1 kauft keine Autos von Tesla mehr (photovoltaik.eu)

    another company that won't have Tesla in their fleet due to Musk



  • Registered Users, Registered Users 2 Posts: 5,658 ✭✭✭yagan


    What I find most hilarious is raccoons are damaging CTs because they think they're dumpsters!



  • Registered Users, Registered Users 2 Posts: 11,761 ✭✭✭✭Red Silurian


    The fact that Prior 1 are german, the home of VW, has nothing to do with it I'm sure



  • Registered Users, Registered Users 2 Posts: 852 ✭✭✭gossamerfabric


    That is correct… it has nothing to do with it.



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Teslas are made in Germany too, and German companies have never been shy about buying from foreigners

    The fact that they spelled out Musk's support or Trump is significant I reckon

    Of course the fact that EVs are now available from German manufacturers played into their decisions no doubt. This stuff doesn't happen in a vacuum

    I mentioned it before about boycotting that you need an alternative option for it to be realistic. There's a good number of countries where your options for emission free travel are Tesla or cycling

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Moderators, Society & Culture Moderators Posts: 42,190 Mod ✭✭✭✭Gumbo


    I thought that was because the owners were camping and left food in the rear tub?



  • Posts: 0 [Deleted User]


    Yes and no, believe it or bringing food with you camping is advised and has been done since the invention of the car and what happened the cyber truck is not what typically happens so I think its fair to associate some of the blame to the fact that the cyber truck looks like a dumpster.



  • Registered Users, Registered Users 2 Posts: 1,192 ✭✭✭crl84


    Mod Note: Review the note in post #1. This thread should be limited to discussion of Elon Musks actions within the scope of the vehicle manufacturer Tesla and not a reflection of his broader actions in the realms of politics and "free speech". There is a thread on the current affairs forum which is more suited to that discussion



  • Registered Users, Registered Users 2 Posts: 9,729 ✭✭✭CMOTDibbler


    To be fair, his involvement with Trump has arguably helped Tesla since the share price has almost doubled since the election. Time will tell if it also helps car sales. I wouldn't bet against it.



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  • Registered Users, Registered Users 2 Posts: 6,904 ✭✭✭eire4


    The numbers for 2024 are a fall of 1.1% in sales of Tesla. Will be interesting to see if that is a blip or a trend come the end of 2025.



  • Registered Users, Registered Users 2 Posts: 24,261 ✭✭✭✭ted1


    The chap is now getting involved in UK politics and supporting Tommy Robinson.

    I can really see a drop off in sales in Europe



  • Registered Users, Registered Users 2 Posts: 9,729 ✭✭✭CMOTDibbler


    On the other hand he's suddenly become darling to an entirely new demographic (EV-wise) in the US.



  • Registered Users, Registered Users 2 Posts: 1,509 ✭✭✭jlang


    Hard to know what he's playing at, Telsa-wise. Obviously the share price is reflecting that he has Trump's ear at the moment but with sales levelling off, the non car-sales bets have to pay off big to justify it. The new Musk demographic is one with plenty of eventual potential for EV sales and the old one had probably yielded all the easy sales already, but I'm not sure it makes good business sense to annoy people who actually want an EV on the off chance that strongly-anti-EV folk will change their hard held principles and buy one. The name and style of the Cybertruck would be totally different if he really wanted to tempt MAGA people to buy EVs. They're not going to be persuaded by Cybercabs or self driving either, especially as fuel is still cheap and their influencers are still claiming climate change doesn't matter.

    I think Musk's own attention has moved on from EVs themselves and he's just treating Tesla sales (and indeed Falcon 9 launches) as the money machine for other initiatives that interest him like influencing politics, making America great, AI/robotics, etc.



  • Registered Users, Registered Users 2 Posts: 4,295 ✭✭✭Stallingrad


    The problem with being the richest man in the world is you simply don't care if your actions have any consequences. If he was at all concerned about Teslas image and sales he would keep his pie hole shut, but he doesn't care if calling someone a retard on X loses the company sales. It affects him not one bit.

    I admire the cars and the vision, but there's no way I would ever buy one due to his increasingly dangerous and inflammatory meddling in everything from transgender kids to European democracy.

    Recently I find myself looking at new Tesla owners thinking 'Really?'. That's how bad it is, and I really don't want to be that judgy guy.

    With competition increasing, new models and innovation thin on the ground, BYD and others knocking on the door it's only a matter of time before Tesla sales take a hit, maybe then he will take the advice of his shareholders and moderate his tone. I doubt it though.



  • Registered Users, Registered Users 2 Posts: 3,323 ✭✭✭Field east


    getting back to the original/ fist post what Musk is currently doing may affect Tesla in another way but not via a drop in sales. His behaviour could lead to his ‘PERMANENT’ demise. Look at the amount of assignations of very high profile. Individuals throughout the world and especially to those that are doing things that are unpopular to some sections of society

    Also , it only takes one person acting alone to create havoc.

    Political leaders and equivalent have been assinated or attempts of same I

    In recent times, in The Vatican, Sweden, Japan , America - many times, etc, etc, etc.

    Specifically re Musk - look at what happened to that Insurance company CEO. On his way to a conference. One early morning.

    Re money keeping you safe reminds me of those little green men that traditionally minded your car when you parked it around the Rhotunda Hospital in days gone by - and you paid them for the ‘service’. A doctor got fed up with them and put an Alsatian into his car telling the little green man that his services are no longer needed. The man retorted with the. Question “ Can he put out a fire sir ?”



  • Registered Users, Registered Users 2 Posts: 9,729 ✭✭✭CMOTDibbler


    The problem with being the richest man in the world is you simply don't care if your actions have any consequences. If he was at all concerned about Teslas image and sales he would keep his pie hole shut, but he doesn't care if calling someone a retard on X loses the company sales. It affects him not one bit.

    Not exactly true. Musk, like a lot of very wealthy people avoids tax by being paid in Tesla share options. He doesn't exercise these as it would attract tax, but borrows using them as collateral. If the share price falls, his lenders may either require cash or more shares, which is a direct cost to him.

    So if his actions hurt Tesla, they also indirectly hurt him.



  • Registered Users, Registered Users 2 Posts: 24,261 ✭✭✭✭ted1


    At what stage do you stop caring about money?

    realistically he only has half if not less than his net worth is. if he went to cash in his shares, the price would tank



  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    I assume Musk travels with some security detail these days, and since he's hanging out with Trump he'll also have secret service agents around

    Part of the reason the CEO of UnitedHealth was shot was because he was alone without any security. You can bet that perception has changed among the rich and powerful recently

    In any case, if Elon dies is probably the same effect as being forced out as CEO. No doubt there would be a share price drop initially and it's likely the company would find some bland faceless suit to take over.

    In the long term it would probably become more like any other car company without the insane share price spikes

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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  • Registered Users, Registered Users 2 Posts: 13,001 ✭✭✭✭the_amazing_raisin


    Based on what a lot of people here have said, politics and car purchasing decisions don't interact.

    It's quite likely the same over in the US, a lot of people who bought Tesla are the same wealthy people who would likely vote Republican anyway

    Given that Elon is basically in charge of government spending, I wouldn't be surprised if some complex AI driven analysis suddenly points to Tesla vehicles being the best option for government fleet purchases going forward

    I suspect a lot of investors are betting on a few big orders this year

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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