It might be time for Tesla CEO Elon Musk’s own fork in the road.

The electric carmaker is set to report quarterly earnings Tuesday afternoon that may say a lot about which direction Musk and the company he has ridden to immense wealth will go next.

The company will update investors on revenue, profit and other key figures after months of turmoil as Musk continues to dedicate a large portion of his time to the Trump administration’s attempt to radically remake the federal government, far away from his corporate responsibilities at Tesla, SpaceX and his other companies.

With Tesla’s stock and brand reputation getting pummeled — and with Trump’s tariff policy threatening to upend the automotive market, Tesla included — many Tesla investors have called on Musk to scale back or end his government work entirely and return his focus to business.

  • IphtashuFitz@lemmy.world
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    2 hours ago

    Tesla would be smart to split up their product line into into different corporations and block Musk from involvement.

    Their supercharger network is big enough that it could be its own company, especially now that other non-Tesla vehicles can charge at them. It’s basically the EV version of an international gas station chain at this point.

    Their Powerwall & Megapack solutions are also a separate product line that could be spun off (along with whatever solar products they have).

    When most people think of Tesla these days they mostly think of the cars, and Musks association with it has clearly caused significant harm to that product line. By rebranding the supercharger network and storage business and removing any association with Musk they at least have a chance to see those products succeed without the negative stigma he brings.

    I do think it’s too late for the Tesla EV’s though, unless the Tesla board of directors makes major leadership changes. And I don’t see that happening any time soon.

  • Admiral Patrick@dubvee.org
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    2 days ago

    With Tesla’s stock and brand reputation getting pummeled … many Tesla investors have called on Musk to scale back or end his government work entirely and return his focus to business

    As long as he’s associated with Tesla, even if he steps out of government work, the damage is done. Even if the board boots him as CEO, it’s going to take a LOT of work, PR, outreach, and time to undo the stink Musk has left on the company.

      • Stovetop@lemmy.world
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        2 days ago

        Not in this lifetime for me, though the world has generally forgiven the auto brands who helped run the Axis Powers war machine like BMW, Volkswagen, Mitsubishi, etc.

        Tesla could do a complete about-face, oust Musk and his cronies, start adhering to better market practices, and build themselves back up as a reputable brand. But not for a long while.

        Better that there actually be a better path to take which could lead somewhere in the future, otherwise they may as well double down on his stupidity and profit while they can before the whole company just implodes.

          • Bezier@suppo.fi
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            2 days ago

            What a group of bozos. But that’s not what I meant at all. I wouldn’t hold a grudge against an inanimate object, or an imaginary constuct, regardless of if some malicious law defined them as people.

            • MagicShel@lemmy.zip
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              2 days ago

              I do. I haven’t been to an Exxon gas station in 35 years, nor a BP in 15, and I’ve never used a gas station flying a confederate flag. Fuck those imaginary constructs and anyone who flies their banners.

              • Bezier@suppo.fi
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                2 days ago

                So no VW, no Mercedes, no Toyota, no Ford, and so on. Confederate flag still actively stands for some real garbage, so it doesn’t count.

                • MagicShel@lemmy.zip
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                  2 days ago

                  Yeah well actually that’s all true. Have never owned any of those and probably never will. I’m not sure who you’re counting in and so on, but unless it includes GM and Chrysler it has turned out that way mainly by happy coincidence.

        • Redfox8@mander.xyz
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          2 days ago

          They don’t exist without them though, and it is sometimes necessary to make a point to all companies and their sentient rulers by e.g. boycotting them, forever.

          • Bezier@suppo.fi
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            2 days ago

            Yeah, I’d classify about everyone still at tesla a pos or worse. 30 years from now, maybe not.

        • The Quuuuuill@slrpnk.net
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          2 days ago

          they’re something much worse. they’re a collection of sentient beings influencing the world without accountability because no single one of them is the responsible party

    • IninewCrow@lemmy.ca
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      2 days ago

      They’ll probably just retire the brand, slap on a new name and logo and keep business as usual and just have Muskrat in the background like some sort of evil wizard, like Saruman casting spells from his dark cave and collecting money

      • Bezier@suppo.fi
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        2 days ago
        • Boot musk
        • Stop all cyber bullshit that reeks of him
        • Redesign the cars and the brand

        VW managed to transition from nazi image to hippies.

        • Billiam@lemmy.world
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          2 days ago

          Not just VW; lots of European brands (and some American!) have successfully managed to atone (or bury, depending on how charitable you feel) their actions before and during WWII.

          If a company is older than a century, look at their history and see how many of them kinda pretend they didn’t exist from 1930-1945.

          • Lka1988@sh.itjust.works
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            47 minutes ago

            Lots of good points being made, however, there’s a point in time where it stops mattering entirely. Holding a company responsible for its acts during WW2 is no different than holding the current German govt responsible for the Holocaust. We are at the point where the company that exists today is run by people with zero (or very few) ties to the people who ran those companies during WW2.

            As mentioned, VW is one such company. The VW that ran during WW2 was completely shredded. VW today only exists thanks to the British who decided to resurrect it.

  • Zippygutterslug@lemmy.world
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    2 days ago

    Is Elon going to pretend he’s not a nazi with a breeding cult when he “gets out of government?” Big doubts on convincing shareholders they want cars that fall apart and are synonymous with nazis and mass, AI generated firing programs.

    • kamenLady.@lemmy.world
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      2 days ago

      Ikr, like if the only problem is that he has no time to be Tesla’s CEO and “getting out of government” would solve things.

  • StinkyFingerItchyBum@lemmy.ca
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    2 days ago

    Serious question: With a gutted SEC, a corrupt supreme court and a Presidential pardon presumably in the wings, what’s stopping Tesla from just lying like all fuck on their quarterly reports?

    US securities fraud was rampant at the best of times. Now, I have not the words to describe what is being done.

    • oyo@lemm.ee
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      2 hours ago

      They’re literally making up mileage numbers to commit warranty fraud and trying to scam ev incentives from the Canadian government. There is zero chance Tesla’s sales and revenue numbers are accurate.

    • chaosCruiser@futurology.today
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      1 day ago

      Maybe President Musk can just tell secretary Trump to pull some strings and make sure his best buddies at the courts turn a blind eye to all of these shenanigans.

  • ExtremeDullard@lemmy.sdf.org
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    2 days ago

    That’s not enough.

    It doesn’t matter if Musk stops his MAGA antics overnight; as long as this disgusting South African Nazi owns even one share of Tesla, I ain’t buying a car for them.

    If Tesla ever wants me to even consider one of their vehicles, they have to ditch the sumbitch.

  • Asafum@feddit.nl
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    2 days ago

    It seems as though the greatest enhancement of efficiency for the sake of value Tesla could do is get rid of Musk. That would be some beautiful poetry, but we don’t live in the good timeline where karma is real. We live in the timeline where the villain always wins. :/