this post was submitted on 26 Apr 2025
508 points (98.5% liked)

News

37520 readers
1304 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Summary

Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%.

Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues.

Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter.

Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.

you are viewing a single comment's thread
view the rest of the comments
[–] IphtashuFitz@lemmy.world 9 points 1 year ago (3 children)

Even in a very optimistic timeline it would take years for Tesla cars to suck less. I don’t think Tesla has that kind of time any more, now that there’s growing competition from big automakers like Honda & Toyota as well as Hyundai, Volkswagen, etc. and all the other EV companies like Rivian.

Those established automakers have a long history of innovating & listening to customers. As their expansion into the EV market grows, they’re going to put a lot of pressure on Tesla to innovate as well, and that doesn’t mean bowing to whatever whims the CEO has.

[–] Tja@programming.dev 2 points 1 year ago (1 children)

Honda and Toyota are flopping HARD on EVs. Their EVs suck, like worst in the market suck. Hyundai / Kia are doing a great job, and VW is boring but okay (now after fixing the 3.0 software debacle).

I wish rivian and lucid had more funding, cause their cars are top notch, but the companies have growth pains.

[–] Zacpod@lemmy.world 1 points 1 year ago (1 children)

I can't speak to Honda's current line up, but my Clarity PHEV is fricken' amazing. Best car I've ever owned.

[–] Tja@programming.dev 1 points 1 year ago

I was speaking specifically about BEVs, since we are comparing to Tesla.

[–] AA5B@lemmy.world 2 points 1 year ago

That’s wishful thinking

  • Japanese manufacturers may have started driving toward the party but they’re way late and lost along the road
  • US legacy manufacturers will stick with gasoline trucks, and are rolling back their EV efforts
  • Rivian and Lucid are promising but still in the business of a small number of niche models. Rivian may change that in the next couple years but it’s not a given

So, Hyundai/Kia. And we’re wondering why Chinese companies look like they’re about to take over

[–] Jakeroxs@sh.itjust.works 1 points 1 year ago (2 children)

Likely correct on paragraph 1, paragraph 2... not so much.

The reason tesla was able to get such a foothold was because they were innovating where the established automakers were floundering.

[–] EndlessNightmare@reddthat.com 4 points 1 year ago

Tesla understood the Achilles' heel of EVs and got to fucking work on building out a charging network. This is a strong moat.

[–] piecat@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

In defense of the established automakers, they wisened up and got into the EV market before it was too late. They adapted instead of becoming the next Blockbuster or Kodak.

Any advantage that Tesla had is long gone.