Tesla Axes 10% of Workers; Magna Testing Humanoid Robots - Autoline Daily 3790

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vechicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings snd new car reviews.
0:00 Tesla Axes 10% Of Workforce, Slashes FSD Price
1:31 BP Pulse Cuts 10% Of Workers
2:04 Honda On Pace to Start U.S. EV Production In 2025
2:59 UAW Votes at VW This Week
3:41 Magna to Test Humanoid Robots at Production Sites
4:59 Tesla’s Extraordinary Design Evolution
7:06 Chery To Sign Deal with Premium European Brand
7:46 Cadillac Reveals New Optiq Interior
8:22 Dongfeng’s Wild Off-Road EV May Come to Market
Story Links:
- Tesla Slashes Workforce & FSD Price: www.reuters.com/business/auto...
- BP Pulse Cuts 10% of Workers: www.reuters.com/business/auto...
- Honda On Pace to Start US EV Production in 2025: hondanews.com/en-US/honda-cor...
- UAW Votes at VW This Week: www.bloomberg.com/news/articl...
- Magna to Test Humanoid Robots: sanctuary.ai/resources/news/s...
- Tesla's Extraordinary Design Evolution: • Tesla's Extraordinary ...
- Chery Working on Deal with Premium European Brand: www.reuters.com/markets/deals...
- Cadillac Optiq Interior: www.autoblog.com/2024/04/14/c...
- Wild Off-Road EV from M-HERO: autonews.gasgoo.com/china_new...
- To read the transcript for today's show click here: www.autoline.tv/daily/ad-3790...
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WEBSITE: www.autoline.tv

[@ChitFromChinola]

Tesla makes significant cuts of its workforce every 2-3 years. Most recent were 2022 (10%) and 2019 (7%).

[@mikapeltokorpi7671]

This time it will be closer to Germany numbers (25%) than announced numbers (10%) globally, when this is over.

[@danharold3087]

Exactly. Thesla is moving into robotics big time. Watch as it hires as it staffs that endeavor.

[@mikapeltokorpi7671]

@@danharold3087 I already pinpointed OpenAIs Karphaty (probably the first one to connect the dots). According to The Electric Viking in the last Tesla run Musk gave Karphaty a severe burn out (I cannot confirm), so it is not necessarily a match made in heaven - especially when the old FSD team is leaving.

[@BTC_Minarchist]

​@@mikapeltokorpi7671Electric Viking is a very nice guy, and entertaining, but not a reliable source of news. He makes a lot of assumptions, and he mixes in a bunch of his opinions with facts, often with distinguishing which is which. Seems like a nice person though.

[@bobbbobb4663]

@@BTC_Minarchist They all can't be 100% as reliable as Bobb Bobb aka Tesla Headline News!

[@MrCarGuy]

As automation increases number of employees will naturally decrease

[@joweb1320]

Good you found a more credible person than Munro regarding tear downs.

[@danharold3087]

The carsoft video was like a museum tour as opposed to a Munro tear down. The presenter is a ex GM exec and it shows.

[@BTC_Minarchist]

Funny, you think they're more credible, yet the conclusions were the same. They CareSoft did a nice job explaining things at . 25x speed for those that need is delivered.... Slooooow. And explained the things that Munro expects the audience to Intuit. All in all, CareSoft did a very good job and at a level that even Gary V from AAH might, might appreciate.

[@ethanwelner1230]

@@BTC_Minarchist The real difference is he didn't spend time slavering over the genius and superiority of everything Elon does and whining about the government. At this point Sandy has damaged a lot of his personal credibility. Especially when he does 2 minute ad reads.

[@BTC_Minarchist]

@@ethanwelner1230 I will 💯 agree about the ads. They are torture. I ffwd past them. I agree with Sandy about the government stuff, so that doesn't bug me, but also agree it should not be in teardown videos. I think it would be good if he had separate videos to share his views on politics and his opinions. People can then choose to watch if interested. Lastly, as much as I agree with his admiration of Musk and Tesla, it doesn't add to the quality of the content, and can be a distraction, so I agree with you there as well. That said, I think they do a much more thorough job and are much more technical than CareSoft. I appreciate both perspectives and think they are helpful and informative. I'd love to see more CareSoft in AAH videos. AAH is a complete 💩when they have out of touch, Detroit centric journalists and analysts on.

[@puffnstuff12]

Munro is a Tesla fanboy and it shows.

[@JustWasted3HoursHere]

UAW is part of the reason automakers are looking into automating as much of the assembly process as possible. Robots don't ask for raises, can work 24 hours a day, don't need vacations or pensions and can (eventually) do a better job. See ya later, union!

[@nicholasmuni7995]

No bathroom breaks!

[@scruffy4647]

Robotics is going to change the landscape tremendously. Congress is probably going to rewrite the tax code. Currently, the employer and employee split the FICA tax. Social Security and Medicare combined is 15.3% So an employee pays 7.65%. That money funds SSA & Medicare presently. The impact from less workers paying into the system is going to touch every aspect of your life.

[@Paul-cj1wb]

It's the UAW they really need to be speaking to. Their leaders really want jobs to keep going overseas or staying there and for more and more robots to take over. Robots don't go on strike. It's the UAW leaders who have been forcing all of this. Fair pay and a safe workplace is one thing, outrageous demands are another thing altogether.

[@rogermartinez78]

@@Paul-cj1wbI guess you don’t have a job, it must be nice!

[@stevenbarrett7648]

Do you think Tesla are cutting workers to replace them with robots?

[@danharold3087]

Tesla is cutting workers where it least needs them to hire more where it does. This is not new.

[@drury2d8]

Takes workers to design install and maintain robots, net jobs lost are not significant.

[@BTC_Minarchist]

No. If anything like past layoffs it more about a) better and more efficient allocation of resources, and b) shedding lowest performers. Typically, 5%+ of a large company's workforce do not meet base expectations. It's best to action those individuals. Large RIFs are most effective way to do this, and they can also offer good packages and transition assistance at scale.

[@stevenbarrett7648]

@@drury2d8 I don’t think we will lose any jobs in the long run, as you correctly say we will need humans to fix these things for quite a few years to come plus program and train them, we will move away from the rock face to the back office. I remember in the 80’s as we got computers which would speed things up and people would lose their jobs….it never happened as the same staff moved from typing to programming, the blokes who used to fix the typewriters then started to fix the computers and the world moved on

[@danharold3087]

@@drury2d8 This has been the case in the past. At some point we will have robots doing the instal and maintain parts. Design too but much further out.

[@JustWasted3HoursHere]

As for the 12V accessory battery that EVs come with, people don't realize that if that thing fails you will get all kinds of weird error messages on your display that do not necessarily mention the 12V battery and you may be at a loss to figure out the issue. Lead acid batteries tend to last much longer in EVs than they do in ICE cars because they don't have much of a load (they don't have to turn over a power-hungry starter but just activate a relay that engages the main battery) and they don't run in very hot engine bays (EVs make very little heat), so it's easy to forget about them and that's when they fail. The first thing I did when I got my first EV (a 2016 Kia Soul EV+) was replace the lead acid battery with a lithium ion deep cycle battery and it has been flawless. Lithium ion batteries have many advantages, like power retention for many months of non-use, lightweight, temperature tolerance and so on. If you want to do this, be sure you get one that has a BMS built-in and is deep cycle. They're around $200 on Amazon.

[@spiritedgarage]

Good info. What brand did you get?

[@BTC_Minarchist]

How do you like your Soul EV? I've always liked the look of the Soul... Even the early models. I've never driven one (ICE or EV).

[@rp9674]

In theory lead acid batteries last longer in EVs in practice not as long in my experience

[@rogermartinez78]

You beat me to it my friend, I was thinking about replacing my Mini Cooper electric AGM 12V battery with a lithium battery, but the correct size has eluded me.

[@rp9674]

​@@rogermartinez78I want to find a purpose built one with a good warranty camisole video about a company wants, forgot the name

[@highlanderapparel]

This has been a very interesting podcast, the Highlander.😊

[@christopherdouglas8471]

Whoa there Chery. I’d say we’ve got a trademark infringement with Infiniti on that logo …

[@AuralioCabal-nl8gi]

Good luck to Sien Fein trying to make ROBOTS join his Union.😃

[@pnketia]

The biggest cost to businesses is human labor so it's no surprise companies are looking to reduce human labor in favor of robotics. The auto industry isn't the only one making this change - have you visited a McDonald's lately in Fort Worth Texas? It is 100% robots. It reminded me of the old cartoon the Jetsons.

[@ethanwelner1230]

And they wonder why no one can afford to buy EVs when every business is trying to get rid of workers as fast as possible.

[@bunsw2070]

Cause robots are free and last forever.

[@BTC_Minarchist]

​@@ethanwelner1230people are having trouble affording food shopping and their rent, or a reliable car (any drivetrain) less than 7 years old. Times are tough... No matter the BS we hear in the news. People are struggling.

[@Paul-cj1wb]

It's the UAW which has pushed them the most. Their leaders really want jobs to keep going overseas or staying there and for more and more robots to take over. Robots don't go on strike.

[@DishNetworkDealerNEO]

Perhaps without the salary load of Drew Baglino and Rohan, the Model 3 will be the $25K Car, and Model Y will be the $30K SUV while the margins actually increase! These two executives leaving and not being replaced, will be like an additional 20% rif of the on the assembly line workers in cost savings!

[@BTC_Minarchist]

Those guys made a lot, but not that much. I'm happy they'll be retiring as multimillionaires. They've earned it.

[@ethanwelner1230]

I'd rather they cut Elons absurd pay packages if we're talking about stuff that would actually move the needle.

[@RayNLA]

You’re on to something!!!

[@AuralioCabal-nl8gi]

If GM paid it's CEO what she's worth she'd be lining up in the Soup Kitchen!

[@russh6414]

When do the production numbers make the Cyber Truck eligible for NHTSA crash testing?

[@tesla_tap]

My understanding is NHTSA picks vehicles it's interested in and is not some set production number. Most high-end cars like Ferrari are never tested. If I were to guess, the Cybertruck might be tested sometime in 2026. In 2020, they only tested 49 vehicles. The manufacturer does not have a say in what is tested, but provide vehicles if requested.

[@foxtrotwolf6081]

It's also based on GVRW. Super duty and HD also don't get tested.

[@bunsw2070]

I thought every vehicle has to be tested several times. That's why small companies like Lotus have a hard time coming out with new models. They have to provide 48 vehicles to various regulators just for crash testing.

[@BTC_Minarchist]

I wasn't sure how the selection for crash tests by NHTSA & IIHS was done, so I did a quick search. Here's what I found. Pretty interesting. Hope it helps. The NHTSA and IIHS have different approaches to selecting vehicles for crash testing: **NHTSA (National Highway Traffic Safety Administration):** * **Focus:** NHTSA prioritizes testing vehicles that are: * Newly introduced models or significantly redesigned vehicles. * Vehicles with high sales volumes. * Vehicles with concerns raised about their safety based on data or consumer complaints. * **Selection Methods:** NHTSA uses a combination of factors to choose vehicles, including: * Manufacturer submissions: Manufacturers can volunteer their vehicles for testing. * Government purchase: NHTSA may purchase vehicles from dealerships themselves. * Data analysis: NHTSA analyzes data on crash rates, complaints, and sales figures to identify high-priority vehicles. **IIHS (Insurance Institute for Highway Safety):** * **Focus:** IIHS strategically selects vehicles based on: * Market share and popularity. * Availability of new safety technologies. * Filling gaps in their testing data (e.g., testing a new body style within a particular vehicle class). * **Selection Methods:** IIHS primarily acquires vehicles through: * Anonymous purchases from dealerships: This ensures the test vehicles are representative of what consumers actually buy. * Occasionally, manufacturers may donate vehicles if the testing aligns with their interests. **Key Differences:** * **NHTSA:** More data-driven approach, focusing on high-volume vehicles and potential safety concerns. * **IIHS:** More strategic approach, aiming to test a representative sample of the market and evaluate new technologies. In both cases, the goal is to provide consumers with a comprehensive picture of vehicle safety across the industry.

[@danharold3087]

Why do you ask? Tesla has been crash testing the CT since it was a collection of bits in the computers. They have crash testing in Fremont and built a 2nd crash test facility in Austin presumably to crash test the CT. The geometry of the CT makes it strong. The passengers are protected by a very strong cage with single piece ultra high strength boron steel sides just like the 3 and Y. etc Unless they ding it on ADAS it may well break their scoring system again.

[@juanvga]

Lead acid are so in the past.

[@canlib]

I like living in the past. We're going to be around for a long, long time

[@andybak7575]

Traditional OEM lays off staff, the stock goes up... TSLA drops. What's going on here

[@rok1475]

Some traders are guessing the party is coming to an end - Tesla is reducing the number of employees in response to slowing sales. Tesla have best info on the slowdown and may know something automotive analyst don’t yet understand. In the context of reports floating for a few weeks about EV sales slowing, this could be a point EV market becomes an interesting niche rather than taking over the auto market. Think Apple 8% share in personal computer market and 0% in servers vs Windows/Linux dominance. Time will tell.

[@mowensmd]

@@rok1475 Nah. This isn't it.

[@rotaryenginepete]

massive sales drop

[@rok1475]

@@mowensmd so what is your best guess?

[@canlib]

You are watching the EV bubble bursting in real time.

[@nicholasmuni7995]

UAW will win in Tennessee,it will be a first!

[@rp9674]

I hope

[@mowensmd]

And lose at Tesla. 14,000 people just let go. I wonder why.

[@JohnH1]

Multiple substantial discounts across the board last year, 47,000 unsold vehicles, cancelling new 25k car, very poor CT sales and and nothing new on the horizon. Now sacking thousands of employees, Tesla shares down another 6% yes the company is in trouble.

[@mowensmd]

CT sold out 2024. 25k not cancelled, it's the robotaxi. Tesla trims labor every year. Days in inventory still less than traditional auto. Do you watch real news John?

[@rok1475]

@@mowensmd Tesla stock YTD is -35%. Do YOU watch real news?

[@canlib]

​@@rok1475Ouch!

[@mowensmd]

@@rok1475 Stock is not reality. Execution is however.

[@Dkrpan59]

I never called my dad jack ha

[@outkast40]

VW is already in Mexico. Go ahead UAW and you won't keep VW in the states . Magna needs to build decent cars before even trying robotics.

[@yacahumax1431]

I hope Tesla gets is act together. There are more that a million people waiting for the Cybertruck. EVs are better in almost every way. If you have to do long distances all the time, keep your gas car for now. Otherwise, an EV is far superior to an ice car. Just tried the fsd. They need to add a setting for acceleration and breaking. Right now is too aggressive. I want to be able to adjust that, and the chill mode does not seem to do anything to the acceleration and breaking performance.

[@bobbbobb4663]

Hi Cathie! When was that one million number audited!

[@tesla_tap]

In Autopilot controls there is a setting as to how aggressive you want FSD to act. You might set it lower and see if that is more satisfying for you.

[@danharold3087]

@@tesla_tap In the interest of traffic safety it would be far better if all cars had the same level of aggressiveness.

[@BTC_Minarchist]

I always drive FSD in "Chill" mode with limited lane changes. It's the best way for me to enjoy the ride. Have you tried changing the settings?

[@BTC_Minarchist]

​@@danharold3087I think that happens over time. Of the people I know using FSD today, some drive in chill mode like me, and others in assertive mode , and a couple in the middle. Those that drive in Chill don't care for assertive, and those that drive assertive lose patience with chill. Eventually, when self driving is ubiquitous, I think it will standardize or maybe different modes depending on the lane of a highway, like a dedicated 90 mph lane, for those wanting to go faster in self driving.

[@mikapeltokorpi7671]

25% cuts to the workforce in Germany (confirmed by the local government). Europe figures will be bad?

[@LucasFR11]

Energy too expensive

[@brunoheggli2888]

Thats amazing!They can cut 100%!We dont need Tesla in Europa!Enough jobs everywhere!

[@mikapeltokorpi7671]

@@LucasFR11 I almost called BS with energy prices. But hey, it's Germany, so I cannot argue with that one. So, true (though natural gas prices seem to go down at the moment).

[@BTC_Minarchist]

​@@brunoheggli2888Business is business, and difficult decisions need to be made, sometimes. However, openly hoping for mass unemployment people in the UAW, Tesla, Stellantis, or other workers, in any country is low. 🤦

[@BTC_Minarchist]

Ouch. 25% is tough for Germany. I hadn't seen that reported yet.

[@owggarage723]

Wouldn't the CEO of Chery be called the Cheryman? 😂

[@tedg1609]

Technically, that’s the title name for the Head of the Board.

[@owggarage723]

​@tedg1609 You are speaking of the Cheryman of the board of course. Lol

[@rp9674]

Tesla workers love it, they don't need Union

[@nicholasmuni7995]

But they need their jobs.

[@rp9674]

You don't think they'll be glad to be unemployed if it helps Tesla?

[@AllanSustainabilityFan]

Tesla remains efficient by regularly replacing the underperformers, legacies continue to become fatter and slower thanks to union promoting laziness under job security slogans. In the end legacies end up dying from atrophy, as all laggard companies do during market disruptions, but union goons will spin a positive out of the inefficiency until those jobs are gone.

[@stangman962]

So will the Tesla robots pay union dues?

[@BTC_Minarchist]

No union, so no.

[@MC-bm3cy]

Robot autonomy rights now!!!

[@nickayivor8432]

👍

[@12345682900]

UAW ... "United Auto Wo-bots" 😏😏🙄

[@TheKayakAngle]

Unions fees forced robots, what an ironic turn of events

[@davidmenasco5743]

The drive for increased profits forced robots. Robots have been under development continuously for at least 50 years.

[@ethanwelner1230]

Humanoid robots have no place on an assembly line and don't even make sense. Assembly lines have had far more effective robots that weren't dumb PR stunts for literally decades now.

[@danharold3087]

@@davidmenasco5743 Unions were around during the same 50 years. It does not have to be one or the other, robots are the solution either way.

[@ejd1984]

It appears that the Tesla 10% workforce reduction is really an equalization of the EV industry as more competitors ramp up their electric vehicles will gain market share reducing Tesla's slice of the pie. Which had been predicted to happen for awhile now.

[@mowensmd]

Nope

[@ejd1984]

​@@mowensmd Fact Company | 04-15-2024 TECH Tesla’s place atop the EV market could be coming to an end There was a time when Tesla had a technological advantage over competitors. Not anymore. Ask most people in the U.S. to name an electric vehicle company, and one word will immediately come to mind: Tesla. Elon Musk’s EV firm has dominated discourse-and dominates the market in many areas. It had a 62% share of the EV market in the United States in 2022. But times are tough, and Monday’s announcement that Tesla will be laying off more than 10% of its staff, or 14,000 people, is an indication that dominance is slipping. In 2023, Tesla’s share of the U.S. EV market dropped to 55%. And in China, it’s rapidly losing ground. What’s going on is a simple case of market economics. While Tesla was one of the first to make and sell electric vehicles at scale in the mainstream, others have caught up-and look poised to overtake it, right as interest in the EV sector starts to slow.

[@ejd1984]

@@mowensmd CNBC Tesla’s U.S. electric vehicle market share will drop to 18% by 2026, BofA estimates PUBLISHED THU, JUN 15 2023 UPDATED THU, JUN 15 2023 Tesla’s share of the U.S. electric vehicles market will drop to 18% by 2026, Bank of America analysts estimated in a Tuesday note. That would be a significant drop from the 62% share of the market BofA reported Tesla had in 2022. BofA expects the market to shift significantly from new entrants, such as Tesla, to incumbent automakers.

[@canlib]

Time will tell as BYD swapping places with Tesla in China

[@mowensmd]

@@canlib word salad

[@Snootboopss]

Tesla slashed its workforce like it slashed its prices

[@mikedx2706]

Why has Cadillac styling become so "iq-kie?"

[@gmv0553]

Only in your eyes!

[@MichaelAllen-td1uu]

Toyota has never laid off employees.

[@BTC_Minarchist]

Ever? If that's true, that's very impressive, and I'm guessing, almost unheard of.

[@rp9674]

Just fired

[@dusty-vo8gh]

Except when they laid off 800 employees at the kyushu plant.

[@joweb1320]

The unboxed assembly is stupid because the colors on the different panels won't match because of the flop of the metallics.

[@timmo42]

Tesla is unlikely to paint external panels on model 2/Robotaxi.

[@autodata2011]

Did Autoline have a falling out with Munro?!

[@mikapeltokorpi7671]

Munro co-ops with Meet Kevin nowadays.

[@nicholasmuni7995]

Munro must of been drunk on one of their shows.

[@AllanSustainabilityFan]

Amusing to see Autoline spin FSD price drop as a negative, legacy thinking basically. - What's the most valuable thing in implementing vehicle autonomy? Driving data. - What's Tesla's biggest advantage here beside best in class dev team? The autonomous capable fleet. Result: Three orders of magnitude more driven miles than 2nd place thanks to that, and the gap is only growing. - What does lower price do to FSD adoption? It's not a linear curve vs price, the growth is exponential. Is Tesla better off with (lets say) 100k $199/M customers or 500k $99/Mth customers in terms of recurring revenue and, much more importantly, autonomy miles? (I know I'm tempted to get it now after the month trial, it's such an impressive feature, I love it) - Tesla is no longer compute limited this year. Time to accelerate that flywheel. - FSD is now safe enough for wider deployment, it exited "beta" status and now starting to get treated like Autopilot in terms of customer access. Put 2 and 2 together with that and see what the big picture looks like.

[@wolfgangpreier9160]

Two weeks! This is the start of the beginning of the end of Tesla. Two weeks! Mark my words!

[@mikafiltenborg7572]

😂😂😂😂😂😂😂🤦‍♀️🤦‍♂️🤦‍♀️🤦‍♂️🤦‍♀️🤦‍♂️🤦‍♀️

[@mikafiltenborg7572]

Why don't you Short TSLA???

[@wolfgangpreier9160]

@@mikafiltenborg7572 Because i am not stupid. I am of course long. For my grand kids. The first one is coming soon and i hope for many more. In 30 years when i can go into retirement with 90 they will reap the millions.

[@BTC_Minarchist]

Brad Munchen, that you?

[@BTC_Minarchist]

​@@mikafiltenborg7572Shorting requires 💵

[@777Outrigger]

FSD is addictive. $99/month will sell a lot better than $199 month as recent polls have shown. I'm considering it now at $99, but never at $199.

[@suserman7775]

How 'relaxing' could FSD be if it still requires you to pay attention and intervene anyway ?

[@CJIEngineering]

I agree with you. I'm betting they will get a lot more people onboard at that price

[@tesla_tap]

@@suserman7775 - Quite relaxing. After a 500 mile trip I'm far more relaxed than in prior ICE cars without FSD. You still need to pay attention, but think of FSD looking out for other crazy drivers you might not even see, keeping your car centered in the lane and slowing/speeding up for those ahead. Far better than dumb cruise control.

[@foxtrotwolf6081]

Everything sells better at lower prices. Hyundai is moving many more cars at 239/month (lease) than they are at 1000/month (purchase).

[@danharold3087]

@@suserman7775 The same question can be asked of all driving aids starting with non intelligent cruise control.

[@serafinacosta7118]

Train more workers to program and troubleshoot robots. Whoever takes up on it will get a better rate pay and job stability.

[@donyakusa9187]

It’s only the beginning. It’s going to get worse from here. The EV bubble is about to burst.

[@canlib]

It's bursting in real time with real workers and real money holding on for hope it will come back. Where are the Big 3? Still making and selling ICE vehicles!

[@donyakusa9187]

@@canlib - Toyota got right. Hybrids are selling like hot cakes.

[@lordinquis8r679]

Thanks, Sean! I’m predicting a full on economic depression beginning in Q3, so as a Tesla owner and investor, I welcome the cutbacks to stay ahead of the trends.

[@ethanwelner1230]

The only depression is what Tesla investors are feeling right now. Myself included.

[@rondail5675]

I am amazed how so many people are against Elon Musk. He has done so much good, in many ways. I can't get an EV because my electric is too expensive, $0.33 per Kwh.

[@ethanwelner1230]

@@rondail5675 Turns out, when you stop doing good and start doing harm peoples opinions tend to change.

[@hoppingrabbit9849]

@@rondail5675he went the opposite of woke and is now also going broke 😂

[@suserman7775]

@@ethanwelner1230 He didn't start "doing harm". Being for Free Speech and NOT being a parrot of the mainstream media is only a "problem" to sheep like you.

[@frankcoffey]

FSD produces far more risk than profit. It's time for Tesla to become a car company and fix the basics.

[@danharold3087]

Self driving will be synonymous with cars in the not distant future. With or w/o Tesla this is the path forward. Do you want to delay this for profit or just kill more people. Sounds harsh but it is the reality.

[@BTC_Minarchist]

Completely disagree, but if you are you a shareholder? If so, please submit this as a topic for other shareholders to vote on. The voting site will open soon for the earnings call (you'll see the email soon). If enough shareholders agree with you it will shoot to the top. For those curiou, votes on topics are not weighted by the number of shares you own.

[@frankcoffey]

@@BTC_Minarchist I don't own stock in any company but I have a 3 and Y. I would like to see cross traffic warning, birds eye view, auto lights and wipers that work, and other basic stuff before self driving. By the way my wife did subscribe at $99 a month so we will try it on our next long trip. If it phantom brakes once that's it for me.

[@BTC_Minarchist]

​@@frankcoffeyGot it. Please do try it. 12.3.4 is pretty darn good. Not perfect, but really good. I would really be interested in your thoughts, and what your wife thinks. My wife is much less tolerant than I am of driving mistakes (shocking 😊), so she is my litmus test.

[@nicholasmuni7995]

There will be a lot of liability on Tesla with the robotaxie

[@Chris.Davies]

Tesla: Bankrupt in under 5 years. "Without FSD, Tesla is basically worth nothing" - Elon Musk.

[@mikafiltenborg7572]

😂😂😂😂 Tesla Energy will be bigger than Tesla Auto after year 2030

[@mikafiltenborg7572]

Tesla model Y was the Best selling carmodel on planet Earth in year 2023 😂

[@mikafiltenborg7572]

Why do you not Short TSLA???

[@mikafiltenborg7572]

Fake news

[@BTC_Minarchist]

​@@mikafiltenborg7572BC shorting a stock requires 💵

[@sarabeth8050]

TSLA share price is rich and assumes massive growth. Growing companies add workers and expand. Laying off 10% of workers is a shrinking company. Tesla is about collapse.

[@tesla_tap]

Silly. Tesla sells the highest volume vehicle in the world, the Model Y. It's also one of the most profitable vehicle companies with the least debt. They will survive when legacy dies.

[@bobbbobb4663]

@@tesla_tap Nope! King Corolla on top (as always)! Model Why 400,000 behind!

[@danharold3087]

@@tesla_tap Think of the using the word "arguably" as insurance against having to debate the issue.

[@mikafiltenborg7572]

😂😂😂😂😂

[@BTC_Minarchist]

​@@danharold3087🎯

[@realazduffman]

The TSLA cult will keep defending it though

[@AllanSustainabilityFan]

What is there to defend? Just look at the big picture, not what the lagging sponsors is deflecting with in corporate media as they retreat to hybrids: ICE sales continue to crash, EV sales continue to climb, now ~12 percent of the auto market, which is up from ~6 percent within a single year. EV growth "slowing down" spin, on a growing volume is spun as an EV problem, at a bad economic period and slowest seasonal quarter noless, but the reality is that EV market leaders - Tesla, China, Koreans, possibly BMW - are growing their EV marketshares at the expense of the laggards.

[@benjaminsmith2287]

@@AllanSustainabilityFan Case in point.

[@AllanSustainabilityFan]

@@benjaminsmith2287 It does not matter who understands the disruption and who does not. I find it entertaining up to a point, debating it is just fun sometimes. Remember how Tesla was treated in 2016, and today it's bigger than Toyota in market cap, because the market began to understand the disruption taking place? Another emotional swing in market sentiment is meaningless to the actual reality of disruption taking its course. Quarterly thinkers such as WS miss the boat on such things regularly. You can go ahead and argue that Tesla should not be more valuable than laggard Toyota, that's fine. To me that's just the old guard's stance though, nothing new there in history of many past disruptions. Apple was not supposed to pass Xerox either, nor Ford passing Studebaker, nor Netflix passing Blockbuster. The list goes on. Toyota and other laggards retreating to hybrids is, imho, merely an early admission of defeat. It will become "oh that was so obvious" as usual down the road I'm betting.

[@mowensmd]

Cult = correct

[@AllanSustainabilityFan]

@@mowensmd Luddites.

[@MeaHeaR]

ÕMĞ é PôWéŘ-PhÛľĽ MûřŘíĶâŃś 😲😲😲😲😲😟😰😩😰😩😩😩😨😨😨😨😧😦😧😨😨😳😵😶

[@rotaryenginepete]

bUt mUh eV's arE tHe fUTuRe 🤣🤣🤣

[@cosmostrek512]

To be replaced by Tesla robots. 😂😂😂😂😂😂😂😂😂😂😂😂😂