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

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Comments

  • Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 8,262 Mod ✭✭✭✭liamog


    There's a spread of products, if it's an Index ETF then it has to contains some Tesla stocks, if it's an actively managed ETF the portfolio manager can decide to pull a given stock from the fund. The likes of Vanguard and Blackrock offer multiple different products they may see pressure on their active funds to withdraw and not one to take a large hit on their indexed funds which will give them reasons to pressure the Tesla board.



  • Registered Users, Registered Users 2 Posts: 29,023 ✭✭✭✭drunkmonkey


    Apologize for what exactly? From chatting to the reps there's no shortage of orders on the books and there only growing.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 295 ✭✭Soc_Alt


    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 29,023 ✭✭✭✭drunkmonkey


    have you tried ordering one, I have. Loads of Y’s sold, was a que when I was in the showroom. Not sure about the 3 but I was advised a month or two today when enquiring.
    I wouldn’t get too concerned about what it appears Germany or France are doing from news reports as it’s probably not what’s happening.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 9,722 ✭✭✭CMOTDibbler


    So you're saying that the sales figures from Germany are made up?

    Post edited by liamog on


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  • Registered Users, Registered Users 2 Posts: 29,023 ✭✭✭✭drunkmonkey


    No I believe them to be correct, context is missing though, there’s a model changeover for their most popular car, if you put a deposit down today in Germany for a Y you can possibly have one in June.
    That’s not a collapse in sales it’s a backlog in production from so many orders.
    The news want you to believe it’s because of an everyone hates Elon mentality, that’s simple not true. It’s propaganda.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 959 ✭✭✭JOL1


    100%. context is important to factor in. Model Y has been the world's best selling car and with a well announced refresh, it is not surprising that peoeple will hold off ordering. With the new Model Y now announced changing over the production lines (4 worldide plants) from the old to the new will have an impact on production. I do believe that there will be some negative impact as a result of Elon but context is important before concluding anything

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 5,458 ✭✭✭MojoMaker


    Also, the average Irish citizen couldn't care less what Musk or Trump do or don't do, and have no interest in virtue signalling by boycotting a brand.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 11,749 ✭✭✭✭Red Silurian


    Tesla stock the last month, still very high but falling I think would be the best way to describe it

    image.png

    For comparison Ford and VW, both much lower but also more stable

    image.png image.png


  • Registered Users, Registered Users 2 Posts: 9,722 ✭✭✭CMOTDibbler


    A bit OT, but I'm curious as to how you "virtue signal" by not buying something? Like say you bought an ID4 (currently the best selling EV), how does that signify that you boycotted Tesla instead of just choosing that particular car because you liked it?

    Post edited by liamog on


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  • Registered Users, Registered Users 2 Posts: 11,749 ✭✭✭✭Red Silurian


    The likes of Blackrock and Vanguard have a lot of interests in China, I don't think the IRS would scare them much. The power those 2 companies have alone could destroy the US economy if they were tempted

    I would like to think that a drop in share price, especially one as substantial as I can see happening, would make even the muskets closest family members turn on him. And a part of me wonders if that's what he actually wants, to be fired by the Tesla board so he can concentrate on DOGE and SpaceX



  • Registered Users, Registered Users 2 Posts: 1,915 ✭✭✭BENDYBINN


    driving a tesla now is equivalent to wearing a Union Jack tee shirt……



  • Registered Users, Registered Users 2 Posts: 5,458 ✭✭✭MojoMaker


    The virtue signalling dimension comes in when you whine in public spaces about how you're "definitely avoiding Tesla because…."

    Several posters here with a disdain for Tesla vehicles (and/or Tesla owners) since they launched in Ireland have latched onto recent Musk behaviour as a way of further amplifying and focusing their disdain for the brand, while shrouding it in concern for the world etc. Signalling virtue quite disingenuously, as per.

    The reality is very few really give two hoots about Musk in this country and are continuing to order Tesla vehicles because they represent absolutely brilliant value for money and are great to own and drive.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 2,621 ✭✭✭John arse


    Yeah let's boycott the €37k Tesla and buy something else for €45k+, that'll show 'em!!!🤔

    Post edited by liamog on


  • Moderators, Society & Culture Moderators Posts: 42,182 Mod ✭✭✭✭Gumbo


    It’s not even about the price. Tesla are a great car, they do exactly what they are supposed to do and do it well. If you don’t like the minimalistic styling, there are better cars.

    Mercedes, BMW, obviously better built cars from the Germans but you pay the premium for that.

    It’s the holier than thou attitudes from people that try proclaim some moral standard while buying a BYD, Polestar, XPeng and typing on their Chinese phone!

    Someone on here actually tried to justify their purchase of a Chinese car by saying it’s the people of china that suffer if we don’t 😂

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 11,749 ✭✭✭✭Red Silurian


    Interesting correlation, I would have thought a star spangled banner t-shirt would be a better analogy to use. Does anybody else hear the words "star spangled banner" and immediately think of a stereotypically gay fella with a lisp?

    How do you feel about people who drive a "drill baby drill" oil based car?



  • Registered Users, Registered Users 2 Posts: 5,657 ✭✭✭yagan


    If the EU sales drop forces the company to shutter the German plant I assume that Ireland would be supplied by the Chinese plant as before. If I remember rightly the EU tariff on Tesla cars imported from China was at a lower rate specifically because the German plant was starting up, but if it closes then Chinese Teslas would face the full fat 28% import tariff.

    Maybe there'll still be an Irish market feeding off the UK supply which I don't think is as affected by import tariffs.



  • Registered Users, Registered Users 2 Posts: 10,724 ✭✭✭✭MJohnston


    Does anybody else hear the words "star spangled banner" and immediately think of a stereotypically gay fella with a lisp?

    ???



  • Registered Users, Registered Users 2 Posts: 15 Mark WH


    I have a M3 ordered but worried that the resale values in the next few years will be hit even harder due to Musk's carry on and damage he is doing to the brand. I know all cars depreciate but Tesla may drop more than most and that's the big unknown.

    Post edited by liamog on


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  • Registered Users, Registered Users 2 Posts: 11,749 ✭✭✭✭Red Silurian


    Thing about Starlink potentially going bust is that it's much easier to change broadband provider than it is to change your car



  • Registered Users, Registered Users 2 Posts: 6,545 ✭✭✭Oafley Jones


    Starlink often operates in areas where they're the only option for anything approaching a high speed connection.



  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭DrPsychia


    Whether people want to voice their opinion or conduct anti-Tesla protests in public spaces is an individuals right to do so. We now see that Trump, whom Musk emphatically supports, wants to ban protests if he deems them as illegal and dissent. That's straight out of the Nazi playbook.

    It's unfair to say that people who choose to spend their hard earned money in an ethical way which does not align with yours are somehow labelled virtue signallers or anti-Tesla when clearly Musk is derranged and is now partly a liability for global stability and positive advancement of society.
    You are perfectly entitled to frame people in way which your views had led you to, but be prepared to receive as good as you give.

    People can be anti-Tesla just like how some people are anti-SUV, and also care about the consequences that his actions are impacting upon society.
    The key piece bit of information that seperates Musk from all other automaker CEO's(CEO's in general) and why people feel so strongly to voice their outrage; is his choice to be a highly divisive, highly controversial public figure with sociopathic tendencies, who holds unimaginable wealth, and a highly disproportional amount of political influence.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 29,023 ✭✭✭✭drunkmonkey


    anyhow when your finished the next chapter of everyone I hate is a Nazi, UK Tesla sales are up, they just love this cuddly little Nazis across the pond is the only way of explaining it.

    https://www.euronews.com/business/2025/03/05/tesla-uk-sales-rise-despite-unease-over-musks-political-involvement

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 11,749 ✭✭✭✭Red Silurian


    There's more than 1 satellite broadband company out there



  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭DrPsychia


    You are incredibly disingenuous and petty. It's clear you treat comments like mine with utter contempt.

    No logical individual would say the Brits, or any nationality, collectively support fascism just because sales are up. But sure, cherry pick stats to suit your narrative, global stats paint a clear picture.
    Like i've said many times before, consumption in a capitalist/globalist society is complex.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 5,458 ✭✭✭MojoMaker


    Your disdain for Tesla has nothing to do with Musk, let's be honest. You had a squeak or a rattle in a Model Y and kicked off against the brand all over this board going back at least 12 months. There are a few anti-Tesla posters now seizing on Musk as a beacon for their company sentiments, despite holding those sentiments long prior to any perceived opinion of its CEO.

    Irish Tesla sales are up, perhaps not matching the UK, but performing well in spite of everything going on.

    Post edited by liamog on


  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭DrPsychia


    You forgot to mention that I said I also love my Model Y.

    So because I am not a loyal (important word in MAGA politics right now) Tesla/Musk supporter because I shared a negative opinion of Tesla due to build quality, and therefore not showering Tesla with unrelenting positive praise and staunchly defending the brand, that my opinion is not valid and therefore your opinion and that of your brethren is the only correct one worth acknowledging. Got it

    Post edited by liamog on


  • Moderators, Society & Culture Moderators Posts: 42,182 Mod ✭✭✭✭Gumbo


    You can hate musk and love the car. Ain’t nothing wrong with that.

    Post edited by liamog on


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  • Registered Users, Registered Users 2 Posts: 29,023 ✭✭✭✭drunkmonkey


    I do take them with contempt when someone starts claiming Nazi when he is nothing of the sort. His views seem to have no impact on sales they might even be boosting them. The claim German sales are down because of his view points was made by the German ministry of Transport based on no eveidence I can find. How are they going to explain it when sales go up. The share price is still up 50% in the last year.

    Post edited by liamog on


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