Is Tesla cooked? | The penis

Tesla stock Plunge 15% Monday, its most steep decline in five years. The price is down more than 50% since its heights in December. The owners of Tesla, disgusted from the Tlash-And-Burn Tactics of Elon Musk for the Trump administration, sell their vehicles to a large loss. And Tesla exhibition halls across the country become magnets Large crowds of demonstrators Who want to see the business fail spectacularly.

But at least Musk can always count on a guy to have his back.

“I’m going to buy a brand new Tesla tomorrow morning as a demonstration of confidence and support for Elon Musk, a very big American”, ” President Donald Trump wrote on Truth Social Monday. “Why should he be punished for putting his great skills at work to help America again formidable ???”

But it will probably take more than a cybertruck in the presidential procession to make Tesla again. It will take a real commitment to more affordable electric vehicles. It will take a more serious and safer approach to driver -free cars. And this can take a change of leadership to put the business back on the right track. Let’s do business problems.

Last year, Trump’s elections sent the course of Tesla’s action, while investors reward Musk for making the right political bet. He reached a record of $ 488 in mid-December; At the beginning of March, he spent about $ 226.

Wipeout has erased more than $ 800 billion in market value, Tesla’s highest decline in years. Musk’s own net value has taken a blow of more than $ 100 billion. (But don’t worry: he is always the richest man in the world.)

What happened? Department of the secondary quest for the Department of Effectiveness of the Musk Government (DOGE) and the protests resulting for a moment, the simplest explanation is that Tesla Sucent’s sales. The company produced 4% less cars in 2024 than the previous year. And his deliveries were essentially flat. Tesla’s income came in light, even with A bitcoin boost.

In California, the largest Tesla market in the United States, its sales lost almost 8% in the fourth quarter of 2024 and 12% for the year. The love story of the coastal elites with the brand has embittered.

And it’s not just in the United States. In February, Tesla sales fell 10% in Spain, 42% in Sweden, 45% in France, 48% in Norway and Denmark, 53% in Portugal, 55% in Italy and 76% in Germany. Musk approval may have helped the extreme right alternative of Germany for Germany (AFD) the second place of the recent elections, but that does not seem to have improved Invoice sales in Europe – down 45% in January from one year to the next.

In China, the largest automotive market in the world, Tesla is on a sustained loss sequence. The company has been falling back for the past five consecutive months on an annual basis, according to data from La Passenger because the country’s association. Part of this is probably linked to A temporary factory suspension To adapt to the new mounting chain of model Y, but the growing competition of national car manufacturers like Byd exerts increased pressure on Tesla.

And unlike Byd, Tesla does not sell hybrid or gas vehicles. He has nothing about which consumers feel worried about the future of electric vehicles.

A frequent criticism that you see about Tesla is that the company’s range of vehicles becomes a bit long in the tooth. The X model will be 10 years old this year, while the S model pushes 15. The two vehicles have only received minor updates since their initial launch. (A Tesla leader promised a cooling later this year.)

Model 3 and the Y model, which represent the major part of the company’s automotive income, have both been updated recently, but the discrepancy in regular updates has opened an opportunity window for Tesla competitors. Consumers interested in plug-in power suddenly have a multitude of choices because more recent and more interesting electric vehicles in Hyundai, Kia, Honda and General Motors have reached the market.

Meanwhile, the only new Tesla model to be introduced in the past five years is Cybertruck, which has been recalled seven times since its launch. Musk said that frequent software updates avoid the need for a more regular rate of model refreshments.

While Tesla sales have dropped, sales of non -Tesla electric vehicles continued to climb. The Americans bought a record of 1.3 million electric cars, an increase of 7.3% of one year on the other, According to Kelley Blue Book from Cox Automotive. Electric vehicles are now claiming 8.1% of the market in the United States.

Americans are not hiding on electric vehicles – they are just above Tesla.

For years, Musk has promised to make an affordable electric vehicle, likely at $ 25,000. He first mentioned it in a Interview 2018By saying: “A car of $ 25,000 is something we can do.” Then, in 2020, during the Battery Day event in the company, he hypothesized that Tesla could possibly produce more than 20 million of these vehicles in one year – or about twice the current production of Toyota, GM or Volkswagen.

Musk said that the more affordable EV would be built on the company’s new generation vehicle platform. But rather than giving priority to a vehicle that investors have taken to call the “model 2”, he spent Tesla’s resources on the expensive and polarizing cybertruck. And after an initial excitement, the truck turned into a flop. Musk predicted that Tesla would finally sell 500,000 cybertrucks per year. Last year, The company sold only 40,000 estimated.

Musk also actively erased the works for a cheaper tesla vehicle. Last year, he would have canceled the company’s plans To build a low cost electric vehicle in favor of doing everything on a Robotaxi. But after a few setbacks, he said that a cheaper Tesla was back on the menu – it is only now, vehicles should be built on the same platform as model 3 and model Y. Now, investors fear that this new vehicle will make sales of model 3 and the model y rather than strengthening the benefits of the whole company.

Meanwhile, Kia and Volkswagen have announced its intention to produce affordable electric vehicles. And China wrote the code on electric vehicles at a budgetary price and very affordable. The BYD MOUETTEFor example, was the best -selling vehicle in the country last summer, with around 190 miles in range and a sticker price of around $ 10,000. Even with a 100%price, Seagull would always sell at a price much cheaper than most electric manufacturing vehicles.

Of course, Musk doesn’t think Tesla even needs a $ 25,000 vehicle. The future of the company is in AI – especially autonomous cars and humanoid robots. In October 2024, he undermined his business own tips for making “affordable models” Commenting: “I think that having a regular model of $ 25,000 is useless. It would be silly. It would be completely in contradiction with what we believe. »»

Musk now believes that Tesla is about to resolve autonomy. He said that completely autonomous vehicles have been fasting for almost a decade now. “Optimus has the potential to be north of $ 10 billions of income,” he said during the last call for results, referring to the humanoid robots in Tesla.

But while Musc Bloviés on robotsWaymo and others operate real driver -free cars on the road. The company belonging to Alphabet has just launched its first partnership with Uber in Austin, Texas – the headquarters of Tesla and the city where Musk said that he planned to launch his own Robotaxi project this summer.

There is little evidence that Tesla is about to deliver what Waymo has already done. The promise that all Tesla vehicles built after 2016 have the equipment necessary for full driving turned out to be completely false. Musk said the company would replace on -board computers for vehicle owners who bought the FSD package, a process he admitted would be “painful”. Tesla has already been targeted with a collective appeal saying that the company lied about the capacities of its vehicles.

And then there is Elon. And Doge. And fascist salvation. And the chainsaw. And everything behind these dark sunglasses.

Musk’s buffoonery has transformed the Tesla toxic brand. Disillusioned owners sell their vehicles losses. Others exchange in badges of other vehicle brands or use desperate consonance stickers to report their dissatisfaction with the billionaire CEO.

And even more protests outside Tesla’s exhibition halls as part of a basic effort to oppose the control by the federal government of Musk, damage the course of the company’s action and perhaps even reduce the net value of the richest man in the world.

In addition, there have been an increasing number of criminal fire and vandalism reports in business stores. Tesla charging stations were burnt down. An Oregon exhibition hall has been shot. A woman was arrested in Colorado for launching a Molotov cocktail in a Tesla location. Tesla vehicles have been degraded with swastikas and explanations. Four cybertrucks were destroyed in a fire in Seattle. The rage is real.

Keep in mind that Tesla’s sales are already falling Before All of these incidents have occurred. The growing dissatisfaction has led certain analysts to predict even more disastrous figures for the results of the first quarter of the company this spring.

We do not know what can transform the fortune of the company. Some supporters started to wonder openly if Tesla can continue to survive with Musk at the helm. But shareholders are not yet likely to drop the controversial CEO, especially after voting to approve its remuneration package of several billion dollars last summer. The result was a huge vote of confidence in Musk’s leadership – and a large validator of his behavior.

But it was pre-doge, before salvation, and before storage of the stock. Tesla’s painting clearly feels the pinch. President Robyn Denholm And director James Murdoch (son of Rupert Murdoch) both sold millions of dollars in shares in the last month.

Many are based on the promises of Musk of a cheaper Tesla, a new generation vehicle platform and a real functional robotaxi service. President Trump can buy all the teslas he wants, but if Tesla’s future is built on a bunch of lies and fantasies, it is unlikely that the company can emerge from this unscathed fire.