401
submitted 3 weeks ago by KingPorkChop@lemmy.ca to c/FuckMusk@lemmy.ca
top 21 comments
sorted by: hot top controversial new old
[-] AlecSadler@sh.itjust.works 46 points 3 weeks ago

I just ditched my Model S. My friends just ditched their Model Y and 3.

Two people I work with were planning to get a Tesla and have since gone with another brand.

I fully believe Musk will lie about sales and prop up TSLA however necessary, but the fact is it is dying fast.

[-] suite403@lemmy.world 10 points 3 weeks ago

And the cats out of the bag. Even those who don't pay much attention are going to have a hard time ignoring the lies that roll out of his mouth.

[-] surewhynotlem@lemmy.world 7 points 2 weeks ago

What'd you end up doing with it? I feel bad for people stuck with them.

[-] AlecSadler@sh.itjust.works 11 points 2 weeks ago

I originally wanted a Lucid Air, but the majority ownership by the Saudi PIF kind of weirded me out. I considered Rivian, but after driving both the R1T and the R1S there was just something about them that didn't feel comfortable to me due to their overall size and the visibility over the hood.

I ended up going with a Cadillac Lyriq. I will say on the range, acceleration, and ease of use side - I miss the Tesla. But in terms of road noise, general interior comfort, and overall ride quality I would say I like it better. It's very roughly the size of my Model S in length and width and the hood visibility is better than Rivian, so I like it. The price was just about right complete with lease incentives. Super Cruise is great on freeways so far, but I'll miss having similar capabilities on non-highway roads - but, I'll live without it.

Charging at home is basically the same. Charging while out is nearly the same as I also got the NACS adapter.

[-] PanArab@lemm.ee 4 points 2 weeks ago* (last edited 2 weeks ago)

I originally wanted a Lucid Air, but the majority ownership by the Saudi PIF kind of weirded me out

Looks like Saudi Arabia’s plan to diversify away from oil is not going well. The people likely to buy EVs want nothing to do with anything it invests in.

How’s the car otherwise?

[-] AlecSadler@sh.itjust.works 2 points 2 weeks ago

I never got to drive a Lucid, it was unfortunately going to be purchased sight unseen and delivered as the closest Lucid place to me is over 200 miles away :(

[-] Rentlar@lemmy.ca 30 points 3 weeks ago

Hold TSLA forever! Buy the dip using all your leftover cash and assets!

*I am not a financial advisor, but this is financial advice for Elon Musk, no guarantees.

[-] casmael@lemm.ee 27 points 3 weeks ago* (last edited 3 weeks ago)

The only dip I’m buying is guacamole but thanks for the tip fancy a dorito

I have a diverse portfolio of salsa and queso, plus some french onion dip which is quite nice with ruffled potato chips.

[-] P00ptart@lemmy.world 3 points 2 weeks ago

I like French onion dip with Fritos.

[-] misterdoctor@lemmy.world 9 points 3 weeks ago
[-] Sixtyforce@sh.itjust.works 50 points 3 weeks ago
[-] misterdoctor@lemmy.world 11 points 3 weeks ago

Not sure what you’re saying here? As I said elsewhere, I absolutely get that this is one day but it’s also the same day they announced a massive line-wide recall. It’s discouraging to see the number go UP on a day like today.

[-] nublug 36 points 3 weeks ago

the stock market has a LOT of automated trade. when the price of a highly traded stock falls and reaches certain points it triggers limit orders to buy, and when it rises it triggers limit orders to sell. that's why you never see a clean rising line or falling line for more than a few days at a time, these auto orders run by the huge investment companies always stabilise things a bit. to see larger trends you have to scale up your chart to see past the stabilising periods.

[-] misterdoctor@lemmy.world 21 points 3 weeks ago

Yeah, that makes sense, 100%. I think I was just feeling anxious because everything is so overwhelming, any positive sign for the fascists is scary to me. Thanks for helping explain that.

[-] silverlose@lemm.ee 5 points 2 weeks ago

This little exchange warmed my heart.

Just wanted to pop in and say it’s up over the 5 day mark. I think it will still go down just frustrating to see.

[-] Bubs@lemm.ee 43 points 3 weeks ago

Any downturn is likely to have single day gains. Best to look at the big picture rather than cherry pick a single positive day:

[-] misterdoctor@lemmy.world 23 points 3 weeks ago

Logically I know you’re right but emotionally, I fucking hate seeing any sort of positive gain for that dipshit

[-] casmael@lemm.ee 20 points 3 weeks ago

I completely agree. The stock market is a strange thing and nobody knows what will happen next except for whoever is rigging it but:

  • Tesla execs have been selling Tesla stock ‘hand over fist’, ‘by the bucketload’ for months
  • sales are down a lot basically everywhere
  • with my financial hat on I wouldn’t touch this with a ten foot pole I basically think the brand is too toxic I don’t care how cheap it gets
  • Tesla is so heavily pumped it’s still way way way overvalued at current prices, like I can’t be bothered to explain how much but it’s a lot
  • investment firms are slowly lowering their price targets for this stock
  • Lehman also told their employees to hold stock just before they went bankrupt
[-] SaturdayMorning@lemmy.ca 2 points 2 weeks ago

I agree with this. tesla is more about "vibes" than sales numbers and profit margin atm. This unfortunately does provide opportunities for "pump and dump" day trading. Another problem is that institutional investors have access to premarket/after market trading, creating an unfair advantage against retail investors.

[-] KingPorkChop@lemmy.ca 18 points 3 weeks ago

Tesla has had a couple of free promotions. There was a bump after the whitehouse turned into a car lot. Those slipped back a day or two later. Now we have a new Trump related promotion, which will swing it up for a day or two, but it will fall back down.

The company is failing in sales. No one wants a car that is going to get thrashed and spray painted. There was a massive recall of almost all Cyberfucks. No one is going to buy and hold Tesla stocks now. It's toxic.

this post was submitted on 21 Mar 2025
401 points (100.0% liked)

FuckMusk

171 readers
6 users here now

This is a community designed to enjoy the extended downfall of Elon Musk.

founded 3 weeks ago
MODERATORS