I've seen nothing about China's BYDs that doesn't make me think they're far better engineered. Hell, before Trump forced us to pay a huge tax to buy Chinese, they were even cheaper.
this post was submitted on 08 May 2025
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Uplifting News
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i love how lemmy's c/upliftingnews brings actual uplifting news
This is exactly what someone would say if they were on the 'ragged edge of death'.: "This is not one of those times. We’re not on the ragged edge of death, not even close. There are some challenges and I expect that this year will be probably be some unexpected bumps this year but I remain extremely optimistic about the future of the company.”
Hahaha hey elonazi fuck you in the neck!
The "uplifting news" that makes us all think about US politics again, for the 40th time today.
In the eloquent words of Matt Serra,
"Good. Fuck 'em"
I love how this is in positive news
let's go for the trifecta and get it to happen at starlink and spacex too
Im shorting tesla stock lol 3000$, hey if i lose whatever but could win big lol, also fuck that nazi elon
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It is fun to see that the little plus they made came from regulatory credits, i.e. emission trade. Which is likely to be chopped under Trump for being woke in the highest.
Musk is in charge of the chopping...
Good. Let them burn. The moment that loser heil Hitlered he should have been removed the next day. You are now complicit and have chosen your side.
He is both the leopard and the face.
Excellent news!
What makes this uplifting instead of just news?
This news does make me happy, but if you're implying it doesn't belong here I'd like to say I agree.
Lol, read the title of the article, saw that it is in "Uplifting News", was confused for half a second but yep, I'm ok with this.
You are experiencing Schadenfreude
I too had a sensible chuckle. I do feel for the employees who just want to produce cars and innovate. Sure sucks being drowned by your own mother.
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I'm using this now but it does disturb me that it is playing below the bridge.
Have an upvote.
It's because they don't want to produce a pleasant sound for Musk
Could anyone do the math? The frequency on that thing would be - high, very high.
edit: dog whistle high?
Not sure if this is right:
high e is 660hz and about 300mm long. That string looks to be about 10um long.
(300/0.01)660=19.8Mhz
I deeply dislike Elon Musk and would be glad to see him suffer.
Their CEO is a nazi so yeah, we get it.
Suddenly I realize what all the data he gathered is for. It's a dead man switch. He dies or gets thrown under the bus, he releases all the data the government knows about all the wealthy dodging their responsibilities and shitting on the middle class.
Why though. It seems nobody cares. It could be released and people would go who cares.
This, yeah. Heck, remember the Panama papers?
That would be the best case scenario, in reality he just datamined and is using it to sell metadata to foreign countries and train an AI on data that nobody else had
I don't know, for the purposes of everything that got him to power and is keeping him in power those people don't seem to care if everyone knows their business.
Nobody's saying the quiet part quietly anymore.
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Okay, so people really need to understand what's going on at Tesla and their profits because while things aren't great, it's not as dire as you might be hoping.
Are their profits down, absolutely.
Does Tesla get a lot of money from ZEV credits, yes.
Are things as dire as everyone seems to be thinking, not quite.
Tesla knows they are getting the ZEV credits, and have for years, and they plan their business around it. All those years, and even this quarter, where someone looks at it and says, they only made a profit because of those credits, misses the point entirely (although this quarter I'm sure was unexpected for them)
When you know you have 400-500 million in credits coming in, that means you can plan to spend 400-500 million extra on capital expenditures and R&D and that's what they do. Tesla is spending billions on capital expenditures and research & development to expand, making their own battery cells, building a lithium refinery, scaling their energy business by building 2 new factories (1 in California, 1 in Shanghai), building a massive AI datacenter etc.
It's always been like this at Tesla. They've always been highly profitable if they wanted to be, but have been plowing money back into the business.
So yes, there have been many years or quarters where their profits were entirely ZEV credit based, but that's intentional. Its how you grow a business.
If this sales slump continues, all they need to do is slow growth, or not slow growth because they have something like $35 billion in cash and almost no debt. Is slowing growth bad? Absolutely. But they aren't going to be magically losing money unless they choose to not slow growth and take the hit. (Note: The cybertruck might be the exception there, that might be a money pit)
Is this bad for the stock price? Hell yes.
Is Tesla in dire trouble? Not really.
The thing is: in the past they used the R&D for things like model 3 and model y, huge commercial successes, now they are investing it in cybertrucks, robotaxis, humanoid robots and AI, which are either proven failures, vaporware, non-monetizable or a combination of all the above.
As they slow down sales, the credits will also slow down, and if (when) he is thrown under the bus by Trump, will go away completely.
2025 tesla is completely different from 2017 tesla. Both overvalued, but with very different outlooks.
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Great points all around, well thought out and reasoned. There's just one problem: slowing growth won't save them if nobody buys their rolling dumpsters anymore lmfao.
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It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.
Musk is the biggest welfare queen in the US, likely the world. All his businesses are propped up with governement funding.
But they could always be worse :)
Spirit Halloween Store coming soon!
And still their market capitalisation is probably higher than the biggest ten automotive manufacturers combined.
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