Tesla in crisis?

[Joey D]

Don't get me wrong, I love my Y and am rooting for Tesla. Not suggesting the company's going away but that the future is unclear, the company at a crossroads. Your thoughts?

My thoughts are people generally overreact in both directions.

 

[sublimejackman]

Well this thread suddenly became super relevant again. Laying off the the entire supercharger team AFTER geting mas buy in for NACS.

Hopefully this is a sign that the new direction will include 800v charging, longer cables, and passthru locations for trailers/non-teslas.

 

[Nack]

Those of us who have held this stock for a while are used to this BS. I still firmly believe this company will be worth a fortune in 5 years. Most Wall Street analysts are clueless business majors who can't see beyond the next quarter and just don't understand how far ahead Tesla is in many aspects. Tesla's value is in AI, Energy, and autos. We all knew 2024 was going to suck for the stock due to Tesla's product cycle. Buy and hold this stock.

FSD V12.3 is the version that convinced me they will achieve true autonomous Level 4 driving in the next few years. It's 95% of the way there now IMO.

Tesla has a L2 ADAS system. Level 4 is a long way to go! At this point if they believe in their software, they should at least be able to take responsibility for the product and go L3 like Mercedes. There is a very good reason they kept the software as "beta" and now "supervised" so they don't have to own the errors.

I hope Tesla gets its act together and becomes relevant again like it was when the OG founders were running things. Tesla used to blow my mind with how far ahead they were, and now it's mostly just a joke with Cybertruck and talking about Robotaxis. I think Tesla will be a future study case for how to blow a very large first mover advantage by being complacent.

 

[Joey D]

Tesla has a L2 ADAS system. Level 4 is a long way to go! At this point if they believe in their software, they should at least be able to take responsibility for the product and go L3 like Mercedes.

No, if they believe in their approach, they should do something like invest $10 billion this year and quadruple their AI training compute.. They would also lay the groundwork for getting their approach approved in more jurisductions like China and Europe...which they are doing.

Don't get me wrong...this does not mean "it's solved." It does mean that Tesla believes it is only a matter of time....because that's where the investment is.

I think Tesla will be a future study case for how to blow a very large first mover advantage by being complacent.

You think Tesla is complacent?

 

[MontyFloyd]

Seems that a reasonable argument could be made that the company is in crisis. Would like to hear your thoughts. Consider the following:

• missed quarterly earnings,
• declining quarterly sales,
• dramatically increasing Chinese competition,
• best selling Model Y long in the tooth,
• Model Two on hold,
• Cybertruck recall,
• largest layoff in company history,
• controversial CEO pay package in the headlines,
• share value declining,
• senior execs departing,
• "bet the company" robotaxi gamble.

Don't get me wrong, I love my Y and am rooting for Tesla. Not suggesting the company's going away but that the future is unclear, the company at a crossroads. Your thoughts?

SaveShare

Elon mid-life crises.

 

[st_o_p]

I think the OP mixes up several disparate issues.

The pay package is really something that has nothing to do with anything else. Elon and the company agreed he'd be paid a fortune if he accomplishes the impossible, and nothing otherwise. He did accomplish it - and got paid. Well deserved - but some lowlife now trying to get rich off throwing that out.

Also disagree that Elon or X is in any way a problem - except as perception for certain people. He is the person that made the company happen.

The real problem IMO are the numbers on the last earnings call. They couldn't sell the number of cars they need to last quarter (unlike any quarter in the last few years). Yes, there are excuses/explanations and mitigating factors - but bottom line is they didn't sell enough cars. And I think Tesla would be very wise to laser-focus on what they need to do to sell more cars. Maybe we are reaching saturation of the early electric adopters. But to me there's more than that. Tesla got too much attitude Apple-style as in "we'll do things the way we like, and you'll take and you'll like it; we don't care what you think" to their customers. Tesla has the best electric drivetrain but the novelty garbage controls are turning away more traditional customers (and those are the majority out there). That attitude that we don't do customer surveys, we'll just stick blinkers on buttons or whatever and everybody will eat it can't be helping.