OK, so most of us own shares of Tesla, at least indirectly through mutual funds. The money we have invested is meaningless but pretend for a second it isn't. Lets say your voice mattered. The stock is getting obliterated and while you cant blame it all on Elon's heel turn, it has to have a lot to do with it. He only owns 13% of the company. At what point does the other 87% force him out because he is killing the brand? My guess is that Tesla owners are overwhelmingly Democrats. 75/25 is my guess. So while, yes, I do think he has opened the brand up to more Republicans now, those folks are going to be much less likely to trust this new electric car thing. He is very bad for business right now and maybe for long enough to do lasting damage.
Tesla
- Thread starter Sean Miller Fan
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Hmm. I could see the cyber truck being marketable to GOP. The thing is, one person does not change a mission. The EV moment was good and many on the left will still support it, though sales numbers have reflected a steep decline. It’s sort like people still listening to Michael Jackson…. Also, I mean, how many liberals still eat at Chic-Fil-E. Same with space-x. A noble bipartisan interest. I do wonder if he faces a vote in the future or just sells his interests and cashes out for other lucrative adventures. And yes they do more than cars.
However, they are also offering customers 0% loans, so with inflation that is lost money. Also are passing on tax credits they could keep.
However, they are also offering customers 0% loans, so with inflation that is lost money. Also are passing on tax credits they could keep.
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They just aren't going to by EV's in any significant numbers. Take my cousin for example. Huge racist and will admit it. Huge Trump fan. Huge Putin fan. As deplorable as they get. Been loving Putin for years even before the Russia Russia Russia stuff. Tried to talk her into getting a Tesla since prices are down, can save on gas (100 mile round trip commute) but not interested. She's like afraid of it. It's new, it's different. What if goes dead on the highway. These people don't like change.
I literally thought at one point Musk was acting to sell more cars to conservatives. I was obviously wrong
I read it on the internet, so it must be true, that Tesla was a way to help get funds for Space-X. And that that was his true interests. And now he can really get funds and contracts for that. There is a reason for the madness. I don’t support his current policies, but he did bring an EV to the masses at an affordable price. You can get a model 3 2025 refresh for basically the same as a Camry xse hybrid OTD.
Would you please stop projecting stupidity on this board?
Tesla shareholders know that Tesla IS Musk. They just voted him a nearly $50 billion compensation package last year.
Look at Tesla's stock price over 5 years. It is extremely volatile. It can take huge jumps both up and down in a day or week. But it always comes back. It is a great stock to both trade and invest. I've made $10s of thousands in just 3 days. Sometimes I have to hold for several months. But I always walk away happy. I started buying last week in the $280s and will continue to buy through its drop. Elon and the market will both be back. So will Tesla stock price.
Tesla is past its prime. Classic bag holder he is now. Belongs with the other degenerates on wallstreetbets.
It is temporary. The car is still so much better than its competitors that it will recover. No one else is even close.
I own one and I like it. But I'll tell you this. I would NEVER buy another one unless he returns to semi-normalcy. I dont mind CEO's supporting a particular candidate even if I don't agree with them but it's in the background. What he's doing is disgusting. And he lost a repeat customer going forward. 1 customer doesn't matter but I highly doubt that I am alone. I'll never buy another gas vehicle but by the time I need another EV, I'll buy a competitor. Unless he's somewhat normal by then.
You don't represent a Tesla buyer. In fact, you don't represent anyone but yourself.
Do you think I am the only Tesla buyer in the nation who isn't going to buy another one based on Elon's heel turn?
He thinks a lot of asinine and incorrect things. There have been multiple reports of drastically reduced Tesla sales nationwide since the election. The cyber truck is out. The model 3 and y have been refreshed. So what’s the new thing to get new customers?
Used values and depreciation are also huge and the tax credits should be killed for government waste. So if you bull case is musk, good luck with that. Funny that he made a lot of cash on a democrat though given how far right wing he is.
This has got to help. Trump tweeted last night that he is buying a Tesla today! I'm sure all the deplorable are going to be gobbling up Teslas now. Yea right. They are afraid of them.
Saw that. It’s like he doesn’t understand how capitalism works. Unless he wants to create a monopoly for car manufacturers, what does he thinks happen when you alienate a large part of your consumer base. It must be nice to just buy a car out of spite.
Every EV has that issue. Who the hell wants to buy a used EV thay you’ll have to spend 20k on a replacement battery
EVs have always been a niche market. Some buy them because they are kind of cool / new tech. Others buy them because they are virtue signaling and Think they are saving the planet (news flash Evs are far from environmentally friendly )
Have no idea what the split is but for the virtue signaling crowd I’m sure Musk/Tesla will lose share Although I’d caveat that by saying they are biting their noses to spite their faces because Teslas by far are the best EV in terms of quality and value if you’rd into EVs
The real story is EV sales are crashing. Ford and others took a bath on EVs and now are staring to walk away from this dog market
Leon Musk said that the battery lifetime for the Model 3 is 360,000 miles for the standard range, and 465,000 for the long range.... and if nothing else that guy is known for his transparency and honesty. 🙄
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"Here’s a breakdown of why Elon got involved:
- Environmental Vision: Musk has long been vocal about the dangers of climate change and humanity’s reliance on fossil fuels. He saw electric vehicles as a key solution to reducing carbon emissions and combating global warming. This aligns with his broader goal of ensuring a sustainable future, which also ties into his work with SolarCity (later acquired by Tesla) and other ventures.
- Frustration with the Auto Industry: Before Tesla, Musk felt that major car manufacturers were moving too slowly—or not at all—toward electric vehicles. He believed the technology for EVs was viable but underutilized due to a lack of innovation and commitment from traditional automakers.
- Personal Investment in the Idea: Musk didn’t start Tesla from scratch—he joined as an early investor and chairman after engineers Martin Eberhard and Marc Tarpenning founded it. After investing millions from his PayPal fortune, he took a more active role (becoming CEO in 2008) because he saw Tesla as a way to push his vision forward. He reportedly felt compelled to step in when he thought the company wasn’t moving fast enough or bold enough.
- Proving EVs Could Be Cool: Musk wanted to challenge the perception that electric cars were slow, boring, or impractical. With the Tesla Roadster (the company’s first car, released in 2008), he aimed to show that EVs could be high-performance, desirable vehicles—paving the way for broader adoption.
In 1999, Musk was the founder of a financial services firm called X.com. The firm was trying out a number of new technological concepts, including using email addresses to carry out financial transactions. X.com's big competitor was a startup co-founded by Peter Thiel and Max Levchin called Confinity, which was developing a similar concept known as PayPal. In March 2000, the two companies merged, but kept the X.com name. Musk was then removed as CEO, as complaints and questions grew about Musk's decision-making amidst numerous crises.
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