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Tesla's financials are imploding while Elon Musk repeats the same broken promises he made years ago about FSD. Tesla axed the Model S and X for a teleoperated robot that can't walk and that Musk admits does nothing useful. Why believe a word this snake oil salesman says?

82,714 views • 8 months ago •via X (Twitter)

35 Comments

Alter Machete's profile picture
Alter Machete8 months ago

@elonmusk Because my car drives me everywhere. You are a tool and no one cares what you think.

KC's profile picture
KC8 months ago

You nailed it. The financials are terrible. The outlook is worse. Elon is literally cancelling 2 models out of 4. Shutting down factories and entire lines. This is panic cost cutting. Survival mode. I think Tesla is in far worse shape than the financials show. No company would do this if they were successful. This is distress type behaviour. And the whole whisper campaign to merge Tesla and SpaceX and or xAI is also a move that smells of desperation. The only reason this is being contemplated is to prop up the value of Tesla shares with outside assets so that the share price doesn’t crash. As well, it reeks of self-dealing because in this share dilution, Elon will be the biggest beneficiary. But existing shareholders will be the biggest losers. And then what? The business will be hugely negative on cash flow because xAI is a money pit. SpaceX is barely break even. And Tesla appears to be a dying business. I mean what’s left of Tesla now? A cheap low margin Model 3 and a cheap low margin Model X. Competition is now stiff. There is no moat. Other manufacturers are making better cars. With better technology. And better pricing. And better value for money. All of the investments made with shareholder capital in the car manufacturing will have to be written off. Look out next quarter those write offs will be huge. Share price will crater. The Ponzi scheme is over. They will be teaching about this failure in business school. If we can see it, the bankers surely can see it. The huge funds and hedge funds can surely see it. And they will start to liquidate their positions quietly before the next quarter earnings call. And robots? Sure Elon. With no visible manufacturing plan. With billions required in retooling costs. Banks shying away from lending to Tesla at all. No sane banker will approve a loan to Tesla. And with a spiralling stock price the shares that Elon pledged to finance his Twitter purchase will be margin called and sold off by the bankers leading to even lower share prices for existing stock holders. To all Tesla shareholders - get out while you can. Elon can’t deliver. And he isn’t equipped to handle such a crisis. The music has stopped and there are no chairs left.

Cyber Ambassador's profile picture
Cyber Ambassador8 months ago

@elonmusk 20% margins. Billions of free cash generated. Sounds like a crisis.

Ed Surowiec's profile picture
Ed Surowiec8 months ago

@elonmusk Put your money where your mouth is and short Tesla. Let’s see the receipts.

r's profile picture
r8 months ago

@elonmusk Model S and X are barely selling and not making ends meet. No one in their mind want to buy cars with older than 10 years old design. That is why they are canceled. Optimus is just the patsy 😂.

Tron2point0h's profile picture
Tron2point0h8 months ago

@elonmusk Yet, Tesla has 40 Billion in the bank while Ford and GM are over 100 Billion in debt each. Winning...

PG's profile picture
PG8 months ago

@elonmusk Tesla doing good. Stock at $430 and market cap $1.6T. Not seeing him analyzing Tesla competitions. Go short the stock to prove your point. I stick with Tesla.

John Parisi's profile picture
John Parisi8 months ago

@elonmusk Have owned same block of $TSLA stock since 2013 at $6.50 a share. I’ve listened to guys like you the entire time. I’ve been through six or so 50% corrections only to end up back at the highs. The things his companies are developing are transformational, and take time.

G. Surraco's profile picture
G. Surraco8 months ago

@elonmusk But the Tesla Board of Directors is maintaining the CEO. On top of that, the CEO lied about his relationship to Epstein?

roborat's profile picture
roborat8 months ago

@elonmusk He is a massive fucking liar and it’s amazing how people still hang on to anything he says.

MZ's profile picture
MZ8 months ago

@elonmusk He is milking gov $$$ and shareholders $$$$.

Kenneth O'Malley's profile picture
Kenneth O'Malley8 months ago

@elonmusk The way they burn is incredible. No escaping if the 12v power goes. Mechanical door latches hidden inside the door trim is a Great idea...

Jeffrey Levy 🇺🇸 🇨🇦 🇺🇦's profile picture
Jeffrey Levy 🇺🇸 🇨🇦 🇺🇦8 months ago

@elonmusk He’s going to merge Tesla with xAI and SpaceX because he can convince investors that his focus will shift to AI, robotics and government contracts for SpaceX. That way he can slowly move away from Tesla cars being his primary business. He could also just do a SpaceX IPO for $1.5T

OnTheBeach's profile picture
OnTheBeach8 months ago

@elonmusk Well worth a watch - driverless cars "next year" every year since 2014!

🇬🇧 Stu Anders 👍's profile picture
🇬🇧 Stu Anders 👍8 months ago

@elonmusk Dan, Are you a better business man than Elon? He knows what he is doing, look at the sales numbers. X and S were not selling. Waste of resource, space, time.

Democracy_Works🌊🌊's profile picture
Democracy_Works🌊🌊8 months ago

There was a time in America when folks that lied about products like that would go to prison. Back then they called it fraud. IMO

𝑴𝒂𝒓𝒕𝒊𝒂𝒏 🪐's profile picture
𝑴𝒂𝒓𝒕𝒊𝒂𝒏 🪐8 months ago

@elonmusk

MagnumPOTUS's profile picture
MagnumPOTUS8 months ago

@elonmusk This is so fucking stupid. Do you really see a future without self driving vehicles? It’s inevitable.

DQ 🛼🛼🪩🎖️'s profile picture
DQ 🛼🛼🪩🎖️8 months ago

@thunderf00t @elonmusk Because he’s the biggest con man and grifter ever existed.

Sven Rusticus's profile picture
Sven Rusticus8 months ago

@elonmusk Did you notice that a few years ago the streets were suddenly flooded with battery kickbikes as a service? Now, imagine the same thing but with Tesla Robotaxi? That’s a massive Disruption!

mickeys_MTL's profile picture
mickeys_MTL8 months ago

@elonmusk S was the best Tesla car from the lineup…

Rose Mil's profile picture
Rose Mil8 months ago

@elonmusk I thought you only cared about peoples safety when it comes to FSD? Now it just sounds you have an agenda. It’s over old man it’s over.

Wolfgang Moch's profile picture
Wolfgang Moch8 months ago

@elonmusk sorry Dan, Elon has more IQ in the nail of his little finger than you in your head! Bury your jalousie!

fxy🦇🔊 🇪🇺's profile picture
fxy🦇🔊 🇪🇺8 months ago

@elonmusk The latest hopium is: SpaceX will bail them all out...

Thad_Giannetti's profile picture
Thad_Giannetti8 months ago

@elonmusk Tesla’s valuation was pure fiction from the beginning.

Long Downunder's profile picture
Long Downunder8 months ago

@elonmusk Hey Dan don’t you have a software company that supplies most of the car industry with ADAS systems? All of which are being crushed by FSD. Just admit that all of your Tesla/Elon hate extends from this.

Mr_Robot's profile picture
Mr_Robot8 months ago

@elonmusk It blows my mind that people are stupid enough to buy this stock at P/E 400 🤣 Eventually it will collapse.

Richard(Parody)'s profile picture
Richard(Parody)8 months ago

@elonmusk Tesla stock holders are one of the dumbest people right now.

Steve Bull's profile picture
Steve Bull8 months ago

@elonmusk That’s a lot of false statements for a single tweet. Have you thought about spreading your lies out a bit so they don’t sound so whiney?

Peter P's profile picture
Peter P8 months ago

@elonmusk

BT's profile picture
BT8 months ago

@elonmusk So obvious you are making this personal. Why?? You know how this will end right?

theleap's profile picture
theleap8 months ago

@elonmusk Because of our idiocy

C J's profile picture
C J8 months ago

@elonmusk FSD is close enough for Robo Taxi now . There are peopel that are pretty happy with it . Even the Chinese are using it as Goal Post.

allesglar's profile picture
allesglar8 months ago

@elonmusk Maybe because there are Robotaxis with noone in the car and no chase cars? Maybe?

Headmaster's profile picture
Headmaster8 months ago

@elonmusk Elon has the ability to make things sound credible and real. That must come to an end. Even the most ardent fan boy must have a limit of teslas failure to deliver Year after year, “it’s coming next year” then year after year if fails . The narrative changes to its coming

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