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Things are undoubtedly bad at Tesla. Its sales are dwindling. Its profits are plunging, as is its share price. There are regular protests outside its showrooms. The Cybertruck is a flop. And somehow, it’s actually a lot worse than that.

The 71% drop in net income it just reported may have been overshadowed by CEO Elon Musk’s announcement that he would be stepping back from his controversial duties at the Department of Government Efficiency (DOGE). But that drop is just one indication of serious financial sickness at the EV maker, problems brought on by falling sales for the first time in its history and falling prices for electric vehicles.

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.

It was only able to post a $409 million profit in the quarter thanks to the sale of $595 million worth of regulatory credits to other automakers.

But if the Trump administration gets its way, the company can kiss those regulatory credits keeping it in the black goodbye, too.

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[-] AA5B@lemmy.world 0 points 1 month ago* (last edited 1 month ago)

Not good. There’s still some remnant of the idealistic vision, hiding from the Nazi.

  • robotaxis will eventually be a good thing, but it will be a long time before they’re profitable. I’m all for the experiment, whether teslas approach succeeds or not, but Tesla can no longer afford to stick to a money losing experiment
  • the semi has huge potential to disrupt the trucking industry and rapidly decarbonize it. While I do see other companies experimenting with battery trucks, no one else has the potential combining mass produced parts from other vehicles, mass produced charging stations and mega storage, nor are taking the risk to scale up manufacturing. We need to electrify trucking and like it or not Tesla has some unique strengths that may help them succeed first. We need this
  • these are teslas big upcoming efforts and they’re both an attempt to be revolutionary, which means risky, money losing. While I can get onboard the protest bandwagon, deprive the Nazi of his god level wealth, we need the EV revolution in trucking
[-] tfm@europe.pub 0 points 1 month ago

robotaxis

It's going to be a disaster. Tesla "FSD" is glorified cruise control on level 2 on the autonomous driving scale.

semi

It's already a disaster. The economics don't add up and the few on the road break down all the time.

[-] lowered_lifted@lemmy.blahaj.zone 2 points 1 month ago

don't other truck manufacturers that actually know how to build a truck also make electrified models?

[-] NotMyOldRedditName@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

There are other electric semi trucks out there, but none (at least as of last year) compare in specs and capabilities. The big issue is their power consumption is much higher than the Tesla Semi which has been repeatedly validated by their testers as even better than what Tesla advertises. Efficiency will be king in this kind of business.

Worse efficiency = less range = more batteries = less load capacity = less money per delivery

E.g this is from DHL

https://www.dhl.com/global-en/delivered/responsibility/dhl-tests-tesla-semi-electric-truck.html

Over a two-week trial period this summer, DHL Supply Chain USA took a thorough look under the hood of the Tesla Semi, integrating the e-truck into 3,000 miles (5,000 km) of normal operations out of Livermore, California. The trial included one long haul of 390 miles (625 km) – fully loaded with a gross combined weight of 75,000 pounds (34 metric tons) – confirming the Tesla Semi’s ability to carry typical DHL payloads over a long distance on a single charge.

During the trial, the trial vehicle averaged 1.72 kWh/mile operating at speeds exceeding 50 mph (80 km/h) on average for over half its time on the road. The result exceeded our expectations and even Tesla’s own rating.

Putting the Tesla Semi to the test allowed us to validate whether it could travel 500 miles with a fully loaded trailer and see what our drivers thought of the truck’s performance. We were encouraged by how quickly they gained confidence with the vehicle and leveraged the Tesla’s smart features to help improve performance, comfort, and the overall driver experience.

Edit: Just some examples... I don't know if these have been verified in use unlike the Tesla, so all theoretical based on the advertised miles/battery size.

  • Mercedes: 1.935 kWh/mile (310 miles)
  • Kenworth: 2.5 kWh/mile (200 miles)
  • Volvo: 2.05 kWh/mile (275miles)

And those are all shorter range at that.

Edit: I should also add... we don't know the price of the Tesla Semi. Its possible that its ridiculously priced and the increased efficiency is negated even over the life of the vehicle compared to the other trucks. That's a big unknown given these are pilot vehicles.

[-] AA5B@lemmy.world 0 points 1 month ago

I tried fsd demo this spring and it’s getting pretty good. I wouldn’t use it but it was perfect on well marked roads. The thing is it made me realize just how poorly maintained our roads are and everything is an edge case. For example it didn’t stay in lane at one Intersection but the intersection was a weird offset plus the lines were all faded away. Although I also disnt give it any chance to recover so I suppose it could have been ok: Im not risking it not recovering

It might surprise everyone but mostly by staying in a well maintained well mapped area, like Waymo did. There’s no way it fulfills the claim of self-driving everywhere without more improvements

The robots is will have the next generation computer and higher resolution cameras which may help. However that also allows more overhead for the next ai update

[-] tfm@europe.pub 0 points 1 month ago

I get what you mean but it's still stuck at level 2 and it always will be. No matter how good it is, if you move your eyes from the road, it will eventually kill you. Cameras alone are not sufficient enough for autonomous driving.

[-] AA5B@lemmy.world 0 points 1 month ago

Cameras alone are not sufficient enough for autonomous driving.

I disagree with this assertion, because they’re correct that the only being that can currently drive is relying on vision. Vision alone is sufficient for driving.

But autonomous driving really hasn’t succeeded yet. We still have no idea what is required for autonomous driving or whether we can do it at all, regardless of sensors.

So you’re implying that we can definitely do autonomous driving but can’t do it the way humans do, whereas I say we won’t know the requirements until we find some that succeed, and we may never

[-] tfm@europe.pub 1 points 1 month ago

Yeah sure. If you want the same bad results as humans deliver, in terms of crash rates, than it's possible. I wouldn't trust it. Also human vision and processing is completely different from computer vision and processing.

[-] AA5B@lemmy.world 0 points 1 month ago* (last edited 1 month ago)

Presumably we have the intelligence to set requirements before something can be called self-driving - that’s usually what the fuss is about, whether the marketing is claiming it’s something it’s not.

If they fail with their approach, I’m fine with that, just like I’m fine if Waymo fails with their approach. Of either succeeds, why should I care how? Obviously there’s a problem if it runs over some old lady at a stop sign and drags them down the street but that’s clearly a failure for them

[-] tfm@europe.pub 0 points 1 month ago

Presumably we have the intelligence to set requirements before something can be called self-driving

We already have that https://www.sae.org/blog/sae-j3016-update

[-] AA5B@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

The thing is humans are horrible drivers, costing a huge toll in lives and property every year.

We may already be at the point where we need to deal with the ethics of inadequate self-driving causing too many accidents vs human causing more. We can clearly see the shortcomings of all self driving technology so far, but is it ethical to block Immature technology if it does overall save lives?

Maybe it’s the trolley problem. Should we take the branch that leads to deaths or the branch that leads to more deaths

[-] tfm@europe.pub 0 points 1 month ago

The thing is humans are horrible drivers, costing a huge toll in lives and property every year.

True

We may already be at the point where we need to deal with the ethics of inadequate self-driving causing too many accidents vs human causing more.

Are you talking about waymo vs human driver? It's currently (and maybe never) economical to roll that out globally. That would cost trillions and probably wouldn't even be feasible everywhere.

Teslas aren't autonomous but just mere driving assistants so you can't compare them. Otherwise you'd also have to include the Mercedeses (which btw have the first commercial Level 3 car), BMWs, BYDs, ...

but is it ethical to block Immature technology if it does overall save lives?

It would be very unethical to allow companies to profit from dangerous and unsafe technology that kills people.

[-] AA5B@lemmy.world 0 points 1 month ago

No manufacturer does good self-driving yet.

Several manufacturers including Tesla make driver assistants more reliable than humans in at least some cases, possibly most of the time.

It’s easy to say you don’t want to allow companies to profit from unsafe technology that kills people but what is the other choice? If you send the trolley down the other track, you’re choosing different deaths at the hands of unsafe humans. We will soon be at the point, or already are, that your choice kills more people. Is that really such an easy choice?

[-] tfm@europe.pub 2 points 1 month ago

We will soon be at the point, or already are, that your choice kills more people.

Where do you get that? From Elon?

Yes safety features and driving assistants make driving safer. Letting the car drive by itself not (especially with Teslas).

[-] AA5B@lemmy.world 1 points 1 month ago

Elon claims Tesla is already past that point. I’ll accept a much larger approximation that several manufacturers are past or near that point. Even if you’re skeptical of the claim, it’s clearly close enough to be concerned about.

[-] tfm@europe.pub 1 points 1 month ago

Elon claims Tesla is already past that point.

Elon claims a lot of shit. Most of them are lies. He cannot prove with real data that "FSD" really crashes less.

Even if you’re skeptical of the claim, it’s clearly close enough to be concerned about.

Again, Teslas aren't even considered autonomous cars.

Don't get me wrong, I want to be optimistic. But currently it looks like this will take much longer to succeed than Elon and other hype men claimed.

[-] AA5B@lemmy.world 1 points 1 month ago

You’re being too pedantic. We clearly have cars that do a lot of their own driving, we clearly have people (multiple) making claims, and we clearly have at least one company piloting self-driving taxis. Let’s consider our ethics before it’s too late

this post was submitted on 09 May 2025
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