The New York Times: Breaking News: Tesla’s profits fell by 55% in the first quarter, adding to investors’ concerns about the company’s strategy amid increased competition.

Breaking News: Tesla’s profits fell by 55% in the first quarter, adding to investors’ concerns about the company’s strategy amid increased competition.

Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategywww.nytimes.com The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.

Strategy? Musk?!

🏆 Two words – post of the day. 🏆

😁

Elon Musk is not an effective corporate leader. The sooner he removes himself from Tesla, the better the company will be. He’ll never do it though - he’d rather see the company go under than relinquish control and watch it do better.

The current valuation is driven entirely by cultists and fanboys who believe in Musk. If he leaves, it all comes tumbling down anyway.

The funny thing is that you're both right. Without musk the valuation would tumble down to a more proper amount *and* the company would probably be in a better position moving forward.

fortunately, the laws and business culture of our society prioritize the long-term health of a business rather than short term profits and stock price spikes, so surely the company will adopt a strategy to shepherd the business over the long term and hahahahahaha no of course they won't

Yup

Who else is smart enough to reinvent the wheel?

I can suggest company strategy.

It worked pretty well for PayPal.

Get eBay to buy your company? Did he get forced out at some point (I'm not aware of the details)? In any case, I don't think this board, comprised of at least one person who CRIED because they couldn't give Elon $55B, would be on board with anything that moves Elon away from Tesla leadership.

Yeah, I meant PayPal kicking Musk out when he wanted to do some stupid crap. This is the only sensible move Tesla can do now. But you're right they most likely won't.

Does "the guy is besties with some actual Nazis" fall under company strategy?

Concerning

Riveting

Cybertruck? More like Cyberfucked, am I right?

🤣🤣🤣

And just like in his regular life he fucked himself.

That sounds a lot more fun than he's actually having. 😏

Ha!

washing your tesla truck voids the warranty. lol

Laughing at a cybertruck voids it’s warranty

Looking into it

🤣🤣

who'd have thought the strategy of alienating your customers by aligning with alt right racists who literally want to drill and destroy the environment isn't a good one

That's something a woke mind virus would say...

And how that's bad news for Joe Biden.

And I blocked someone. If you see them, tell them I said thanks for showing their ass.

That’s a shame 😏

So when is the vote on Elon's bonus?

The guy is a genius, genius I tells ya!

I’m hearing sarcasm😂😂😂

Einstein level intellect 🤭

Einstein is dead, so…yeah.

I was thinking Einstein the dog

More like the brainpower of ein stein.

Whoa whoa whoa, who told you he had a brain?

$TSLA already climbing after hours. Get ready for some market manipulation and hundred thousand more fawning blue check bots. bsky.app/profile/nyti...

Breaking News: Tesla’s profits fell by 55% in the first quarter, adding to investors’ concerns about the company’s strategy amid increased competition.

Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategywww.nytimes.com The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.

Give that man a raise! 😁

They're literally asking that. apnews.com/article/musk...

Tesla asks shareholders to restore $56B Elon Musk pay package that was voided by Delaware judgeapnews.com Tesla is asking shareholders to restore a pay package for Musk that was rejected by a Delaware judge this year, and to shift the company’s corporate home to Texas.

He's trying to grab the money before there is none left to grab.

The greedy are accumulating wealth and spending on survival tactics, post all the world's banks collapsing. So literally, yeah.

56 Billion for wrecking a company? David Zaslav can run a company into the ground for a fraction of that price! www.wsj.com/business/med...

Hey, what incentive would he have to make Tesla good without the GDP of Uganda?

sadtrombone.com

Lol

Woke strikes again

is that good

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