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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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[-] 800XL@lemmy.world 1 points 1 month ago
[-] 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.

[-] 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

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this post was submitted on 09 May 2025
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