In a video taken by an investor who used to host a Tesla podcast, the Model Y he’s riding in enters an Austin intersection in a left-turn-only lane. The Tesla hesitates to make the turn, swerves right and proceeds into an unoccupied lane meant for traffic moving in the opposite direction. 😳
Over the past year alone, Tesla has seen the exodus of a number of top executives, who have either resigned or been shown the door—some more publicly than others.
Here are just a few of the more high-profile separations since 2024:
SOURCE insideevs.com/news/761609/...
"Its gross profit margins have eroded as volumes have fallen, and they are expected to go lower still. And the other parts of its business have had major obstacles: its higher-margin battery business has been disrupted by tariffs, while its robotaxi fleet is falling behind competitors like Waymo."
“Tesla’s stock price volatility, declining sales, as well as disconcerting reports regarding the company’s human rights practices, and a plummeting global reputation are cause for serious concern.”
"Musk's departure from DOGE will improve market sentiment, but I see no real change for Tesla," said analyst Seth Goldstein.
"Tesla's deliveries decline shows its current product lineup is at market saturation and facing strong competition in all three key markets of the U.S., China and Europe."
From what we saw in this incident, it would seem as though Tesla needs to go back to the drawing board and rethink its FSD system, especially as it plans to rollout this self-driving tech on Robotaxis in June.
The Cybertruck has depreciated by 45% after only one year, according to CarGurus. The depreciation is so bad that Tesla wasn’t accepting its own children as trade-ins until three days ago, as the Cybertruck Owners Club found out.
Tesla's recent struggles in Europe are not an industry secret. Earlier data showed Tesla registrations also fell in key countries, including France (down 59%), Denmark (down 67%), Sweden (down 81%), the UK (down 62%), and Germany (down 46%).
Some AV experts question whether Tesla's system — which relies on AI and a handful of inexpensive cameras, rather than a suite of redundant sensors — will be able to handle unexpected situations.
📉Tesla is now accepting Cybertruck trade-ins, showing owners a glimpse of its depreciation rate.
📉Two owners shared their trade-in estimates, showing a roughly 37% to 38% depreciation after a year.
📉EV depreciation rates tend to be higher than other cars, but the Cybertruck's seems to outpace rivals
When asked about the difference between Tesla and Waymo on self-driving, Elluswamy says that Tesla’s approach is much cheaper.
Tesla VP answers:
Equal quality. Technically, Waymo is already performing. We are maybe lagging by a couple years.
The anti-Tesla movement is one of the most successful cases of social coordination in American history. In the span of six months the Tesla brand has been made radioactive.
This isn’t a subjective view. You can see it in the data.
This week, Reuters published an exclusive report detailing how the company misled Tesla lessees about why they were not allowed to purchase the vehicles at lease end.
Incentivizing demand after just four weeks in the market suggests any appetite for the model at full price and the going market interest rate has already been largely absorbed. Tesla did not cite a reason and did not respond to a request from Fortune for comment.
Tesla shares slipped on Monday after rising in each of the past two weeks following the EV maker's latest earnings report.
An auto industry group in Spain said EV sales rose in the country in April, while Tesla's sales declined.
The electric crossover has long been the company’s breadwinner, and has led the sales charts in Europe. But even with styling and under-the-skin upgrades courtesy of the facelift, the crossover has had a hard time recapturing Europeans’ attention.
Musk had often promised more than he delivered. Tesla frequently delayed product rollouts. Tesla owners experienced service, software and quality issues with their cars. The company sometimes lost money.
New car registrations in France fell 5.64% in April from a year earlier to 138,694 vehicles, data from French car body PFA showed on Thursday.
Board members reached out to several executive search firms to work on a formal process for finding Tesla’s next chief executive, according to people familiar with the discussions.
Waymo and Toyota announced a preliminary agreement on Tuesday to “explore a collaboration focused on accelerating the development and deployment of autonomous driving technologies.” Simply put, they are working on self-driving cars for consumers and commercial applications, such as robotaxis.
▶️Elon Musk may have become bored with the solved problem of manufacturing EVs.
▶️Musk's focus shifted from EVs to AI, robotics, and politics, leaving Tesla's core business untethered.
▶️A Tim Cook-style CEO could take Tesla operations to new heights, similar to Apple's post-Jobs success.
Now the market for electric trucks has a key player, one who is already competing with Musk on multiple fronts. Amazon founder Jeff Bezos is backing a fast-growing EV startup called Slate Auto that is advertising customizable electric pickups with a significantly lower price tag than the Cybertruck.
Without the revenue from selling credits, Tesla would have posted a $186 million loss. Now, President Trump is actively trying to dismantle the system that makes the credits possible. Republicans in Congress are helping that effort.
On April 22, Tesla reported Q1 earnings as both investors and consumers tuned in early to learn about Musk’s plans for the company’s future. The decision to focus on his Capitol Hill responsibilities rather than his companies has generated concern among even bullish analysts.
Co-sponsor of a bill currently moving through both houses of the state legislature, Fahy called Musk “part of an administration that is killing all the grant funding for electric vehicle infrastructure, killing wind energy, killing anything that might address climate change.”
“If I had the finances that we could just take our Tesla out to the desert and blow it up and have a little bonfire around it, sure. But we need our car, and we’re not able to replace it right now.”
www.nytimes.com/2025/04/26/u...
The bottom line problem at Tesla is its vanishing bottom line. A deeper look at its first quarter report shows it’s now losing money on what should be its ostensible reason for existence – selling cars.
