The fanboys buy into the politics. They legitimately believe Musk made Twitter a place for free speech just because they can say racial slurs without repercussions. But happily ignore folks censored for saying such awful things as "cis". Musk fans are hypocrites first and foremost. Just like most right wingers. They demonstrate time and time again that they have zero real values or consistency.
Part of this is down to musk being an obnoxious prick, but a larger part is down to teslas not actually being innovative, cheap or high quality enough any more.
They look dated, or weird, have patchy customer service, and are not even that long range anymore.
Elon promised too much (self driving cars coming next month, this time for real), and the market has realized that after the 25th promise, he‘s not going to deliver.
Also, Elon should have stick to cars and rockets. His venturing into politics, and into media (with buying X) didn’t help him either. He got demystified, and demolished his image of a super focused half-einstein, half-edison. Now more of an half-Trump. And that didn’t help his car sales either.
It'll be interesting to see how this plays out. Tesla has been way, way overvalued for a very long time. If that starts to change I suspect it'll change very quickly and Musk's status might see a dramatic change.
Tesla's sales target is now to have sold 20 million cars in total by 2035. That's fewer cars in total in what will then be the 32 year history of the company than Toyota sold in the last two years:
We know why the decline is happening. However, I am more curious to see how long people's memory will last. Also a little surprised that there isn't a whole lot of decline in the US.
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[ 3.1 ms ] story [ 29.2 ms ] threadThey look dated, or weird, have patchy customer service, and are not even that long range anymore.
Also, Elon should have stick to cars and rockets. His venturing into politics, and into media (with buying X) didn’t help him either. He got demystified, and demolished his image of a super focused half-einstein, half-edison. Now more of an half-Trump. And that didn’t help his car sales either.
15,595 (Tesla) vs. 15,171 (BYD)
The main problem with Musk's proposed pay deal is that he still gets paid billions even if he continues to fail:
https://www.reuters.com/legal/transactional/musks-record-tes...
Tesla's sales target is now to have sold 20 million cars in total by 2035. That's fewer cars in total in what will then be the 32 year history of the company than Toyota sold in the last two years:
https://www.nytimes.com/2025/09/05/business/elon-musk-tesla-...
Tesla's target used to be 20 million per year:
https://www.reuters.com/business/autos-transportation/tesla-...
But Tesla's board doesn't care. They got theirs:
https://www.nytimes.com/2025/05/13/business/tesla-stock-sale...
https://www.afr.com/technology/life-changing-wealth-stopped-...
And it seems that until now, Tesla sales in Eu are 30% less than last year [1]
There is more competition, finally.
[0]: https://www.benzinga.com/tech/25/01/43092840/tesla-struggles...
[1]: https://electrek.co/2025/11/03/tesla-tsla-keeps-getting-batt...
I'll never buy a Tesla. Personally, Musk has delivered generational toxicity to their brand. And he now seeks to be rewarded for that.
The Board is dysfunctional.