Elon Musk is going back to Tesla. But is it too late to reverse the damage he’s done? | CNN Business
Elon Musk is going back to Tesla. But is the damage already done? | CNN Business
I love the assumption that somehow the problem was that he wasn't spending enough time at Tesla, as if the Cybertruck wasn't 100% his baby through and through. Clearly, with more genius ideas like that the company would be doing so much better.
Full self driving in the next 5 years! [Elon Musk, 2016 and every year since]
I believe he only owns 10%ish of the company now. And most of his investments are in spacex. So I'm honestly not sure what hes going to do.
Indeed it's such typical ivory tower thinking, I'll just fix it quick, lol
I think the assumption is stated to placate his ego, to attract him away from continuing to tank his image. It's not that they want him with Tesla so much as they want him away from government.
Does he not realise that it's his association with tesla that's fucked it?
Returing will resolve nothing. Except his poor bwuised ego someone bring the poor dear his handlers sycophants
They phrase it like he's going back to his desk and crunch some numbers and work really hard to get tesla out of this predicament.
Tesla as a company is in a damned if they do, damned if they don't.
When you look at the business fundamentals versus the stock valuation, it's clear something doesn't add up, and at least formerly elons image was a big part of it.
Then he went full mask off and tanked his image.
So without the musk cult, is there enough to support their over inflated valuation? What does a post cult Tesla look like, when other companies have proven they can catch up or pass Tesla on various fronts people thought Tesla might be unassailably ahead. The various potential horizontal growth opportunities like solar and home batteries have fallen flat, their robot demonstration was significantly faked, and they are late to the self driving cab game, at best. A solid company, but not worth more than all their competition combined as their current valuation suggests.
So I think the hope is that he gets preoccupied with "making Tesla great again" and away from screwing with government. Then hope that people kind of forget about his political machinations and things sort of go back to the way they were for the hopefully forgetful public.
It's not just Twitter and Tesla anymore. Anything he touches will make most people revolt and move away Although some people can't be saved and will follow him. But basically I think he's done.
He was always a net negative to operations, but he's substantially declined in his drug abuse and mental health since his foray into politics. He's going to wreck anything he touches with his hubris.
Of course it could take a long time for his faithful to come to terms with that.
seems like he upped his drug use when the trump election happened.
Maybe they hope they can tuck him away and go back to "managing" him. Maybe they can patch his image a bit if they can keep him away from anything important enough to piss people off.
The best thing he could do for Tesla would be resign from Tesla
That would be true for a company with any connection to reality, but Tesla is so far detached from reality that his departure would tank the stock price. Supposedly the stock price increased from the abysmal earnings report because during the earnings call he claimed he'd be spending less time with doge and more with the company.
I will never buy a tesler. there are way better EVs on the market already.
Is he going back to his bunker to off himself like his idol, Hitler.
Here's hoping!
God would smile
Lol what's he going to do at Tesla? More false promises of self-driving by the end of the year? Robot butlers that are totally not just being controlled remotely by some guy in a VR suit?
I like what Walz tweeted about this, something like he's gonna pause destroying your retirement so he can go save his.
I'm sick of Elon Musk's fucking face.
Reverse the damage with a nazi in charge?
Seeing how things went the past 10 years i think people will have forgotten about musk by August and then the tesla shares and sale will rise to unforseen heights.
I hope I'm wrong but I seriously doubt it.
He has been DOGED.
Even if the boarding directors fired Musk and did everything they could to disentangle his diseased legacy from the company, Teslas would still be overpriced shitboxes with serious quality control issues.
As long as he owns tesla stock, I'm buying elsewhere.
it was doomed the moment he bought twitter and immediately started working with putin against ukraine by turning of the satellite coverage in the area.
Didn't the US subsidize starlink for supporting the DoDs endeavors like Ukraine. Elon should not be allowed near the shutoff switch if he takes government handouts
yes he was subsidized, shortly after meeting putin, musk turned off the satellites.
Tesla's finished. There is no coming back from this. The damage he's done to their brand image with his self-indulgent ego bender is irreparable.
The media used to be willing to overlook all the recalls, crappy build quality, sketchy software, fraudulent sales practices, etc., but no more. Most media stories for the foreseeable future will focus on the negative, and with mounting quality control problems, and increading lawsuits from every direction, they'll have lots of fodder.
Tesla will be bankrupt in 2 years.
Fox returns to henhouse to fix coop.
He got it all the companies that can regulate him. He did the job that he intended to do.
god I hope so
Yes. It is too late. If Elon was a serious guy he'd know that and step down.
Ah yes, the mastermind behind the cybertruck is what the company needs more of. Elon "Funding Secured" Musk is good at milking the government teat and pulling tricks (some of which are outright illegal) to boost the stock price. That's great for bringing money into Tesla, but what is Tesla doing with that money? With Musk's direction, that money is being flushed down the toilet. They actually lost money last quarter, but thanks to carbon credits (government teat coming to the rescue yet again), they managed to turn a profit. Eventually the runway runs out.
Yes.
Whatever happens to Tesla is irrelevant, he has all the data and access he could ever dream of to get wherever he wants and train his AI
Is it too late? We can only hope it is!
It's definitely not too late to reverse the damage
If he genuinely apologized to people, denounced Trump, and started acting normal, I believe it would be ok to buy a Tesla again. He'd also need to start moderating X properly and stop allowing assholes to pollute it with nazi like propaganda
However, as it stands, he's basically shat on the people who buy his products and supported the ones who scaremongering against EVs.
He's a Nazi. He will go to his grave believing that he's right, just like a majority of the Nazis we already killed. Our job now is to speed up that process.
We can reverse the damage he's caused, but the odds of him seeking actual redemption are so small it might as well be impossible.
Do you think anyone could ever belive a word he says? If he came out tomorrow saying he realised he was wrong, and regrets everything, how would you ever actually trust this piece of shit?
It would take literally years of positive actions on his part to try to rebuild his trust. But I don’t think Tesla has years at this point given the flood of EV options that are becoming available from established automakers as well as other startups like Rivian.
Fuck him! And his pos goons.
It's gonna be a looooong time before he can redeem himself in any possible way, and by that time, if ever, he'll be likely dead. The best he can to for Tesla is to disappear, step down and fully divest his Tesla stock, then maybe Tesla (not Musk) will be redeemed.
People won't forgive the damage he's done to the country that welcomed him.
People won't forget the Nazi salutes.
That's what he's bringing back to Tesla. Unless Tesla severs all ties with this toxic liability, they're doomed.