Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.
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And let me guess, stonk went up still?
It’s not about the companies, it’s a gamble stock, divorced from the performance of the company.
I just checked and of course the stock went up.
Yes, because while they had lower profits than previously, they still had higher profits than expected. This market behavior is in no way unique or limited to Tesla or “meme stocks”. If a company increases profits, but less than expected, their stock usually drop despite increased profit. It’s because value is tied to actual results vs. expected results on the short term.
I honestly don’t know how Musks companies work.
Tesla makes cars. Cars don’t sell, so profit drops. Musk uses SpaceX to buy Teslas. Tesla’s profit declines, Musk says it’s an AI company, then buys AI from his other AI company, which he funded from Tesla stock. Musk buys Twitter, twitter goes down in value. Musk buys Twitter from himself using xAI, for higher than its market value, then boasts stock gains?
So now Tesla is going to buy AI from himself, and build robots that were just pantomimed guys in suits… and somehow… profit???
I don’t know what the fuck is going on in this world. But I would absolutely love to see Tesla’s stock drop and all of this made up debt-financing fall apart like the house of cards it is. However, Musk saying “we’re making robots now” seems to have nicely papered over what should be a massive stock decline. After his last one “Tesla isn’t a car company, it’s an AI company” now it’s “Tesla isn’t an AI company, it’s a factory company”.
It’s simple in its principal, really…
- you have multiple companies
- one company (A) have some supply for some product
- on the other company (B), you create demand for that product (i.e. for its operation)
- thus, under your control, you make company A and B enter a trade agreement
- as someone who brokered that deal, you get rewarded (e.g. from brokerage fee, or commision)
- sometimes, by having a massive increase in sales, the stock for company A would increase, thus you can sell a little bit of it, which you can later buy back after the stock price goes back down
- profit
Some facts:
- even though they’re your companies, you are a separate entity from them, and they are each its own entity
- the money comes from the investors as well as profit, remember that they are separate
- no, you cannot just take all the companies’ money, since even though they’re yours, there are corporate structures and other people at stake preventing that
So you basically come up with some excuse for moving stuff around, then you come up with some excuse to siphon off some of that good stuff.
Fuck that shit. Companies being their own legal entity was a mistake.
He’s Elizabeth Holmes on a global scale. He grifts money from the governments
Not good enough. Must try harder to bankrult Tesla.
The market will stay irrational longer than you can maintain liquidity…
Good, a well deserved ass-beating to the Nazi-in-chief. Fuck Elon and his company.
more.gifYou love to see it.
Everyone should be cutting Tesla, Google, Microsoft, apple, meta etc etc out of their lives as much as possible.
And their portfolios.
I totally agree. While I do have a Google account, I haven’t used it in many months, and my tablet and phones have never been signed in to begin with. I guess you might consider my mobile Android devices as ‘virgin’ devices, and I don’t mean Virgin Mobile.
I did break my hiatus from Google briefly tonight, just to ask Google Docs to write a document to compare and contrast AI slop versus reality…
https://lemmy.world/post/42327274
Anyways, I’m done with Google again for as long as I can avoid it. But I’m still leaving the account active, if for no other reason than my YouTube videos (not like I’m even making any money off my random stuff)…
Have you tried libre office as an alternative to MS or Google. It’s pretty decent.
Investors largely expected the decline in sales in Tesla’s fourth quarter and full-year results for 2025, and the company beat Wall Street’s estimates for earnings and revenue, sending shares up in after-market trading Wednesday.
Remember, this is talking about profits, not revenue. They’re still making profit. They did shit profits, but it was more than people expected them to make, so shares went up. Fuck Tesla.
Another way of saying it is that shares had already gone down because this was expected. When it wasn’t quite as bad as expected, they got a little bump back.
Fucking stocks are like gambling. There’s no rhyme or reason to them.
Welcome to the vibe based economy.
EcOnOmIcS iS a ScIeNcE!
Especially a meme stock like tesla
If the decline was expected, that had already affected the stock price. If you look ONLY at what happens on the day that expectation is finally official, in writing, then yes it’s counterintuitive. But it makes perfect sense that if a huge decline was already built into the price, then that price would rise a little when it’s found out that the decline wasn’t as bad as expected.
Thats how its supposed to work.
That is absolutely not how it actually is working.
they had profits in 2025? too many ok with buying nazi products
Suower popular in Australia, lots of we Aussies are disappointingly Nazi adjacent :(
Also very popular in Norway, Turkey etc etc
People need to get their teslas branded with a fucking swastika, Tarantino style.
I rode in a Tesla last week. Some of the tech is better than what I’ve experienced in other vehicles. To be fair, a lot of the controls are way worse and key functions are buried in screens and menus that are difficult to find.
I’ll never own a Tesla, but I do hope the always on wireframe view of everything around you comes to other vehicles. It’s way easier to see pedestrians and cross traffic in a parking spot on that screen than it is the 360 camera view on our new Traverse which is only available in reverse and for a few seconds after shifting to forward.
I’ve been considering getting an electric car, and have been researching good models, and I can’t believe how many places are still recommending Tesla. I know the fediverse is far lefter than most other places, but I thought at the very least the general population had stopped trusting Musk and his scams.
I switched all my EVs over to GM-related products and, despite a variety of differences, some good some bad, I am overall happy and fine with the change.
Way too many, fuck that Nazi and his shit company
A lot of people are too alienated from everything, or can’t make relationships between brands and what’s behind them, because everything not directly visible in front of us is too abstract for them, and there’s those who are like “all brands are terrible, it won’t make any difference anyway”. Well, and there’s the nazi sympathizers…
Guess Elon chose the right time for his cash payout then.
Yea, I’m in transition from Apple myself. I’m working on swapping out HomePods next. I have homeassistant. I have a GPU in a server in a nice cool basement. Let’s do this.
Wrong sub?
/c/LostLemmiers
I thought we were Lemmings :(
Good.
Great
Fantastic
Excellent
Totally Tubular
Chobblesome
Far out.
We could go lower.
Every 3rd car is a Tesla where I am. Many of which are newer models. At this point I feel like people are unable to vote with their wallet.
There’s definitely a breed of douche bag out there whose entire justification is “well I can’t quite afford the Rivian…”
Same. Bay Area?
To be honest, coming from a near-launch Tesla Model 3 into the current EV market… most alternatives available in the US suck for various reasons.
I had a Polestar 3, which was great, until the AC was inconsistent on the Driver side. Only had it for 45 days before it was in for Service at Volvo 150 miles away… And has been there since last April. Still paying on it every month and having to maintain insurance… I’m still trying to get it returned as a lemon via lawyers now nearly 9 months later. In the interim I went through several Volvo, Kia, Mercedes, and Hyundai EV rentals, and talking to a coworker who has an EV Mustang. All of them felt like EV afterthoughts made just so they could say they have EV options.
The American brands almost exclusively use the same base vehicles and even interiors as their non-EV options and thus there are arbitrary things that just don’t need to be there and make it feel like they’re just making a car to say they have one (which is exactly what they’re doing).
For instance, my biggest pet peeve is having a Start/Stop button as if the thing still had an engine. There’s no need to have it since the cars are on all the time anyway. Its just an unnecessary step both when getting in and leaving the car. And it artificially prevents you from interacting with the vehicle like rolling down windows or the roof cover while it’s “off”. It’s small, but just shows it wasn’t designed to be an EV, they just took the same shit from before and dropped an EV powertrain in and called it a day.
Several brands also use the same outsourced platform like GM’s Ultima platform. So every one of those vehicles feels the same regardless of the brand it’s under, or the slightly different exteriors. The interiors are nearly identical and use GM parts regardless of brand. The Honda Prologue that I got after my Model 3 while waiting to see about new offerings in a few years, doesn’t feel like a Honda at all. It drives and feels like a Chevy Blazer. Because it is.
The only EVs I’ve driven that actually felt like they took advantage of being an EV were from EV companies, no legacy automakers. Tesla, Polestar, Lucid, Rivian. Everyone else the vehicle felt like an afterthought, especially after driving a Tesla for nearly 5 years, and those were often at 1.5-2x the cost for fewer bells and whistles. My current Prologue purchased before the EV credits went away was almost the same cost as my Model 3 back in 2018, and it’s nowhere near the same quality or capability. And that’s saying something if you know Tesla quality.
I am from Europe where Teslas are less prevalent. And I bought an Hyundai Ioniq 6 and I am really happy with it. Good range, large interior, good assistance systems. I also tested the id.3, a Volvo and an Audi and in my opinion they all were totally fine too.
I have the car now for 3 years and only had a little problem with a non working AC which was promptly fixed. In comparison friends who have a Tesla have much more mechanical problems with their cars and if they need a repair, they have much longer waiting times.
In conclusion I am really happy with an EV by a legacy car maker and recommend the Ioniq 6!
You’ll soon be able to just go buy a BYD in Canada like the rest of the world.
To your point about the start/stop button; would this not be an anti-theft / security feature? Otherwise, what would stop someone who broke in from just driving away with the vehicle?
You obviously have way more experience with various EVs than I do, but just curious your thoughts in that regard.
The same way any vehicle doesn’t let people just drive off… a key. Either in the form of a key fob/key card… Or a phone key paired to the vehicle.
this was also my thought. I don’t care what it’s designed to do - I want a goddamn off button for my car lol
It won’t move without a proximity key/app.
My wife and I have BYD vehicles. My first EV was a Model 3. BYD is decades ahead of Tesla as cars go. We’ve had themfor 3 years, and have nothing bad to say about them. We’ll, that’s not entirely true, the original floor mats are shit, pretty, but shit.
The only EVs I’ve driven that actually felt like they took advantage of being an EV were from EV companies, no legacy automakers. Tesla, Polestar, Lucid, Rivian. Everyone else the vehicle felt like an afterthought
Preach it! I test drove a wide variety of EVs (except tesla) last year while I was looking to replace my car. My experience was largely disappointing:
- Ford and the other American brands felt like they were designed to be disliked. All of them were overpriced and poorly designed.
- Toyota bz4x and the Suburu on the same platform (sunterra? Idr) were nowhere to be found near me.
- The VW ID.4 was… fine, I guess, but the infotainment was buggy and froze for most of the test drive. It’s also plagued with recalls, so I didn’t really trust in the longevity of the vehicle.
There was a used Polestar 2 MY21 launch edition someone traded in near me. I took it for a test drive and fell in love! Even several months in, I’m still excited to get behind the wheel, even for something like a grocery run.
The only thing about it that I am not a fan of is the range, which is ~200mi for MY21. That’s still more than enough me, I maybe need to charge 1-2x a month. Well, that and the slightly underpowered processor for the infotainment makes it a bit sluggish at times.
Some people already bought them and can’t afford to flip them for another car in this economy. Some are in leases that haven’t expired yet.
Tesla sales will continue to decline until Elon leaves the company. There’s too much competition in the electric car space now.
When I started work at a new location last year the EV charging section of the parking lot was almost exclusively Teslas. Year later and its much more mixed. I regularly see Porsches, BMWs, Polestars, Mustang EVs, and a few Ioniq’s and a Rivian.
Depends on where you are. Maybe they did.
