this post was submitted on 25 Jul 2026
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[–] dhork@lemmy.world 11 points 2 days ago (1 children)

The stock is hovering at around $324 at the time of writing, down over 15 percent over the last five days and about 28 percent year to date.

That ain't free fall, it has a ways more to go

[–] SaveTheTuaHawk@lemmy.ca 2 points 1 day ago* (last edited 1 day ago)

It's a $20 stock. The only value in the company is the charging network.

[–] brachiosaurus@mander.xyz 36 points 2 days ago (3 children)

Every now and then there's a news about these corporations crashing but after a week they are all back at their all time high. This sort of news doesn't seem to achieve nothing but give these corporation visibility and keep better news at bay.

[–] Sektor@lemmy.world 11 points 2 days ago

He's gone! They're finished! It's over! We won! It's happening! They just make a title you want to read, same for someone who wants to read something against trans people.

[–] wewbull@feddit.uk 5 points 2 days ago

Not SpaceX so far. Down to half it's high point. It's only been a public stock 6(?) weeks. Seems to be averaging a few dollars negative each day with no apparent floor.

[–] Eh_I@lemmy.world 6 points 2 days ago

It lets them shuffle numbers around on a spreasheet to invent new money. This isn't an oopsy.

[–] Gammelfisch@lemmy.world 15 points 2 days ago

We've seen this before and the neo-Nazi bastard will cook the books to turn it around.

[–] HeyThisIsntTheYMCA@lemmy.world 20 points 2 days ago
[–] jballs@sh.itjust.works 164 points 3 days ago (2 children)

Maybe if Elon throws out a few more Nazi salutes, it will fix the problem. Surely that will increase sales.

[–] SkaveRat@discuss.tchncs.de 55 points 3 days ago

"I'm just showing the stock graph in what direction to go"

[–] Baguette@lemmy.blahaj.zone 27 points 3 days ago
[–] Redvenom@retrolemmy.com 36 points 3 days ago (13 children)

I would rather walk than buy a tesla

[–] benjirenji@slrpnk.net 9 points 2 days ago

Cars ruin cities in general.

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[–] fluffykittycat@slrpnk.net 109 points 3 days ago (12 children)

How do you lose money selling electric cars when two oil critical straits are blocaded

[–] gnutrino@programming.dev 103 points 3 days ago (4 children)

By having your CEO come out as a fascist, pissing off the demographic that tends to buy EVs and also stagnating while allowing your competitors to catch up.

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[–] MattBlackAlien@lemmy.world 42 points 3 days ago

By pivoting to humanoid robots and LLMs.

[–] zaphod@sopuli.xyz 34 points 3 days ago

However, the company's gross profits dropped as operating expenses climbed far quicker than revenue, in large part thanks to AI-related capital expenses and other research and development

[–] elucubra@sopuli.xyz 33 points 3 days ago (3 children)

Teslas are objectively last Gen. The only reason they still sell well in the US and some other markets is tariffs.

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[–] ExLisper@lemmy.curiana.net 82 points 3 days ago (6 children)

The company missed Wall Street expectations, despite its core automotive segment generating just over $20 billion in revenue, up 23 percent from a year ago.

How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

[–] kalleboo@lemmy.world 52 points 3 days ago* (last edited 3 days ago) (7 children)

As always, people have short memories, or just do not give a shit about ethics

https://www.nytimes.com/2026/06/26/business/tesla-elon-musk-europe.html

Tesla’s vehicle sales rose 77 percent from January through May compared with a year earlier, the European Automobile Manufacturers’ Association said this week. In May, Tesla sold 22,000 cars in Europe. That’s more than Ford, Nissan or Honda, even when including their fossil-fuel models.

Many people seem to have put aside their personal feelings about Mr. Musk after Tesla cut prices for its entry-level models to levels that are competitive with comparable gasoline or diesel vehicles and inexpensive cars from China. In some countries, Tesla’s Model Y sport utility vehicles can be leased for less than 300 euros, or about $340, a month.

“Once you go down the pricing scale, people pay less attention to ethics or morality,” said Matthias Schmidt, an independent analyst in Berlin who tracks electric vehicles sales. “Tesla’s product has become so appealing from a price perspective, it’s almost too good to refuse.”

[–] ExLisper@lemmy.curiana.net 28 points 3 days ago* (last edited 3 days ago)

I remember Tesla sales dropping after this

so I hoped people are still capable of using ethics when making financial decisions but it looks like I was wrong.

[–] GratefullyGodless@lemmy.world 33 points 3 days ago (5 children)

As the old saying goes..."Ethics are a luxury that poor people can't afford."

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[–] thatradomguy@lemmy.world 42 points 3 days ago (32 children)

Yet somehow the asshole is a trillionaire. That don't sit right with me. tf is going on

[–] ripcord@lemmy.world 35 points 3 days ago (1 children)

Not anymore.

Thanks to the freefalling stock.

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[–] BarneyPiccolo@lemmy.today 23 points 3 days ago (13 children)

I predicted this after his reputation fully tanked when he went full MAGA/ DOGE. Every earnings report is going to depress the stock price more and more, until the floor just falls out, and it collapses.

Tesla is NEVER coming back. It will be bankrupt in 3 years.

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[–] switcheroo@lemmy.world 2 points 2 days ago

Good.

You know what you have to do. Fire the nazi shithead. Appease the all-important stockholders. 🫩

[–] Folstar@lemmus.org 25 points 3 days ago (1 children)

In two weeks when SPCX employees can sell, please let them cash out and resign as hard as possible. They're reasonable intelligent people who know the promises are science fantasy, so this is a plausible scenario. Then, as investors lose faith, Tesla enters true freefall right as fElon tries to leverage his shares to float SPCX. Let this Icarus of Grift come spiraling down so we never have to hear about him or his cultists again.

[–] wewbull@feddit.uk 3 points 2 days ago (1 children)

They're obviously gifted engineers there, but....

They choose to work for him. I don't like the idea of people getting stinking rich off that life choice.

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[–] FlashMobOfOne@lemmy.world 33 points 3 days ago (6 children)

Oof.

I sold my shares years ago, when Musk started to show his first signs of becoming radicalized. Looks like it was a pretty good call.

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[–] rbos@lemmy.ca 14 points 2 days ago (1 children)

I can't imagine a situation where a humanoid robot would be a benefit to us in our 650sqft apartment. What would it even do? And the cost would be astronomical.

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[–] AbidanYre@lemmy.world 70 points 3 days ago (1 children)

Absorption by SpaceX incoming.

[–] andallthat@lemmy.world 36 points 3 days ago (1 children)

I mean, it would still make more sense than SpaceX + xAI. Unlike a data center, a Tesla did actually go to space

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[–] SaharaMaleikuhm@feddit.org 17 points 3 days ago (2 children)

Please please let this also be the start of the AI bubble popping finally!

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[–] hamid@crazypeople.online 3 points 2 days ago

lol I hope they get stuck hodling the bag

[–] abc@suppo.fi 20 points 3 days ago* (last edited 3 days ago) (1 children)

Looking at short term with stocks is never the right thing to do. Stocks go up and down every day.

You should always look at 1Y and 5Y and as we see for Tesla, that's ..... oh.

Nevermind.

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[–] Nomecks@lemmy.ca 25 points 3 days ago

Oof, 1 year of gains wiped out

[–] demizerone@lemmy.world 23 points 3 days ago (2 children)

Nobody wants to buy a car from a car company that only wants to build robots in the future.

[–] CADmonkey@lemmy.world 28 points 3 days ago (3 children)

I bought an EV recently, and Ive been asked a few times why I didn't get a Tesla. There's a wide range of reasons but the one that's the most fun to say is "I wanted a car made by a real car company".

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