lmao this is how you preserve value on your freefalling stock

the dude just can't help himself

"Excellent dig sir, got 'em again and call the burn unit, but please elon please do something my retirement depends on this elon please."
I'm guessing he was on the receiving end of some pretty spicy DMs from elon stans
Someone help me my company is dying
Tesla Reportedly Plans Layoffs And Hiring Freeze Amid Stock Turmoil And Musk’s Twitter Meltdown

Tesla Stocks have plummeted 64% since Musk announced his 9% stock in Twitter on April 4.

Forbes
Nothing says growth industry like mass layoffs
"If Tesla's stock is going to crater I want people watching it fall on Twitter!"

oh my god

he's trying to get his weirdo followers to juice the stock back up

Tesla stock is down worse than BTC, lmao
His own cars are trying to finish off what his McLaren didn't.

usually when companies get started and grow, their products get better over time as learning effects kick in and they fine-tune the production process and catch and fix problems. tesla is unusual in that their cars are getting worse the more of them they make

they are still building them outside in a circus tent haunted by the ghosts of murdered clowns, aren't they?

https://www.teslarati.com/tesla-placed-bottom-consumer-reports-reliability-rankings/

Tesla crushed in Consumer Reports reliability rankings despite improvement

Consumer Reports released their annual reliability rankings, and Tesla fell to near the bottom of the list despite improving considerably.

TESLARATI
<strong>Musk Says Again Tesla Share Sales Will Stop After Stock Tanks</strong>

Elon Musk said again that he’ll stop selling Tesla Inc. shares, after disposing almost $40 billion of his holdings contributed to the stock plummeting to a two-year low.

Bloomberg

lmao that's like 5 "um er" per actual word

https://nitter.net/williamlegate/status/1606125506889392131#m

William LeGate (@williamlegate)

oh, and here’s another brutal video of another tesla superfan confronting Elon. his response was… incoherent

Nitter

crazy how long it's taken legislation and enforcement to catch up, but things are at least happening at some pace

https://www.sfchronicle.com/tech/article/New-California-law-effectively-bans-Tesla-from-17672908.php

New California law effectively bans Tesla from advertising its cars as Full Self-Driving

Starting next year, Tesla will effectively be banned from advertising its vehicles as Full...

San Francisco Chronicle
Excellent job 👍
National Storage Sees Big Insider Stock Buys

Self-storage firm National Storage has seen shares tumble in 2022. A company founder and a trustee have just bought a total of $3.4 million of stock.

Barrons
mycrimes.mov
Elon Musk’s Tesla Comes Up Short of 2022 Delivery Target as Growth Slows

The electric-car maker didn’t meet its initial goal of increasing annual deliveries by 50% or more last year

WSJ
Tesla shares slide on delivery fears as Apple’s value dips below $2tn

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Financial Times
South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc <a href="https://www.reuters.com/companies/TSLA.O/"target="_blank">(TSLA.O)</a> for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures.

Reuters
Hang on, what?
Two children unharmed, parents suffer non life-threatening injuries after Tesla Model Y falls 250ft down steep cliff [Update]

The Tesla Model Y has a perfect five-star safety rating, and is one of the safest cars ever tested. That high level of safety was on full display after a serious crash in California on [...]

Drive Tesla
BREAKING: Tesla
Incredible final sentence
If you thought the Tesla folks who were transferred over to Twitter were safe, lol, lmao
Fire sale in more ways than one lol

Sarah Michelle Gellar! What do you think about Elon Musk!?

Sarah Michelle Gellar:
*rolls eyes*
*jerk-off motion*

https://www.hollywoodreporter.com/tv/tv-features/sarah-michelle-gellar-interview-wolf-pack-buffy-the-vampire-slayer-1235302016/

Sarah Michelle Gellar on Wolf Pack, Buffy the Vampire Slayer, Career

Twenty years after 'Buffy the Vampire Slayer,' its star is back with more high school horror as she battles to protect her younger 'Wolf Pack' co-stars — and her daughter — from industry abuses: “I hope that I’ve set up a safety net for these actors that I didn’t have.”

The Hollywood Reporter

"Musk tweeted about the allegedly pending deal after the Financial Times reported that the Saudi Arabia government's Public Investment Fund had acquired a $2 billion stake in Tesla."

https://arstechnica.com/tech-policy/2023/01/elon-musks-lies-about-tesla-deal-cost-regular-people-millions-jury-hears/

Musk lawyer argues false tweets were just “technical wordsmith inaccuracies”

Tesla investors' lawyer tells jury Musk's lies cost "regular people" millions.

Ars Technica

they literally worship him as a god

blood sacrifice and all

die for dorkseed

Elon Musk’s Appetite for Destruction

A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?

The New York Times

every time a company Musk runs puts out lousy, smug voiced copy like that disclaimer and "this is a legacy verified, it may or may not be notable" you can safely bet that he personally dictated it and ordered it to be put in

https://www.bloomberg.com/news/articles/2023-01-19/elon-musk-directed-tesla-autopilot-video-saying-car-drove-itself-tsla?srnd=premium

It's clear Walter Huang's family lawyers have these emails. They repeatedly ask Elluswamy about musk involvement in the video and the fact that it's 'Continuous.' The Elluswamy dood goes on a pedantic back and forth about what 'continuous' means as if the lawyers are likening it to the opening scene of Touch of Evil. They also ask how involved he was who did what and whether musk was keeping tabs on what was going on while Ellusswamy does his clueless routine the whole time.

many board members have said that they don't like my tweets or me tweeting

https://www.theverge.com/2023/1/20/23564629/elon-musk-twitter-testimony-securities-fraud-trial

"Elon Musk admits at trial that he ignored pleas to stop tweeting

They have a list.

Among the people who asked him to stop tweeting are Antonio Gracias, a former director on Tesla’s board, investors Ron Baron and Sam Teller, Musk’s former de facto chief of staff, and other close associates.

"I suppose I continued to tweet, yes,” Musk replied when asked if he ignored his advisors and investors"

Elon Musk admits at trial that he ignored pleas to stop tweeting

Elon Musk took the stand in his securities fraud trial and was peppered with questions about his Twitter habits. He admitted to ignoring the advice of close associates to quit the site.

The Verge
smoke and mirrors
Tesla, insurers take different paths to deal with expensive repairs

Tesla Inc's <a href="https://www.reuters.com/companies/TSLA.O" target="_blank">(TSLA.O)</a> electric vehicles are expensive to repair - so much so that the automaker and insurers are addressing the issue in sharply different ways.

Reuters
Remember folks, the shining future of transportation is shitty overpriced tunnels that can allow one car at a time.
Tesla spontaneously combusts on Sacramento freeway

A Tesla spontaneously combusted earlier Saturday in Sacramento while being driven on a freeway, authorities reported.

KTVU FOX 2
Bucky Take the Wheel

YouTube

if you were wondering how things are going over at tesla, hoo boy they're going swimmingly

https://threadreaderapp.com/thread/1621164097470607361.html

Thread by @MoodyHikmet on Thread Reader App

@MoodyHikmet: So, Tesla's lawyers saw my tweets from a couple weeks ago about the deposition transcripts and they didn't appreciate them very much. Here is a video about it: In Huang vs Tesla, Tesla has filed...…

I don't know whether it is sad or funny that the guy who posted Tesla self driving fucking up and made the news still owns a Tesla, but Tesla has blackballed him from receiving repairs to his Tesla.

Imagine posting "my shitbox civic broke down again" on Instagram and having the CEO of Honda turn up and have a meltdown on your doorstep.

https://www.cnbc.com/2022/03/15/tesla-fired-employee-who-posted-fsd-beta-videos-as-ai-addict-on-youtube.html

Tesla fired an employee after he posted driverless tech reviews on YouTube

John Bernal was a Tesla employee who showed FSD Beta to the world on his YouTube channel, AI Addict. He was fired in February.

CNBC
where's the legally required high-center brake light (mandatory on light trucks since 1994)?

Steering wheel fell off, just normal car things. But we’ll buy back your car (which has nothing wrong with it anyways

https://www.nj.com/news/2023/02/tesla-replaces-car-from-man-whose-steering-wheel-fell-off-while-driving-motorist-says.html

Tesla replaces car from man whose steering wheel fell off while driving, motorist says

The man and his family were driving home from the Woodbridge Mall when the steering wheel fell off, he said.

nj
White House aides asked Elon Musk for help with Biden climate goal

White House officials are hoping Tesla's charging stations can be converted for use by other electric vehicles.

The Washington Post
rip buffalo tesla plant, you never scored

I am sure the NLRB will take it very seriously and may even tut-tut musk, maybe even strongly

https://www.bloomberg.com/news/articles/2023-02-16/tesla-tsla-fires-unionizing-workers-after-labor-campaign-complaint-alleges

Tesla Just Terminated Dozens in Response to New Union Campaign, Complaint Alleges

Tesla Inc. terminated dozens of employees Wednesday at its plant in Buffalo, New York, one day after Autopilot workers at the facility announced a union campaign, organizers said in a complaint.

Bloomberg

just another software update "recall"

apparently it just disables the rolling-stop feature

now they just need to disable the "hits curbs in the snow", "hits stationary objects at highway speeds", and "runs over children" features

https://www.cnbc.com/2023/02/16/tesla-recalls-362758-vehicles-says-full-self-driving-beta-software-may-cause-crashes.html

Tesla recalls 362,758 vehicles, says Full Self-Driving Beta software may cause crashes

The Tesla recall notice was posted on the on the website of the National Highway Traffic Safety Administration on Thursday.

CNBC
I assume they found out about their (lack of) unemployment benefits tho
It keeps happening

Eberhard, who Musk ousted as CEO of Tesla in 2007, said creating software for the electric cars to drive themselves was the least of his concerns when he was at Tesla.

"So, keep in mind that all this FSD autonomous, autopilot crap — none of that existed when I was there," he said. "We were still busy trying to make the car work and we never thought about that at all. That came later. That requires a much, much bigger budget than we had."

https://www.autoblog.com/2023/02/18/tesla-cofounder-calls-autopilot-and-fsd-software-crap-that-could-risk-the-carmaker-s-future/

Musk can fix this
I'm excited for the casting on what will be a theranos/the dropout season 2. someone suggested kathy bates could play lonny
"I didn't use government money! I used money from my dad's apartheid emerald mine!"

this shit has a long way to drop, but if his song and dance press event is no longer wowing rubes, it might even happen

and all it took was him pissing off the business and tech press by running twitter into the ground

@cspam They're both wrong. Elon didn't start Tesla.
@cspam Just a minor fact-check: the emerald mine tale is 95% bullshit. It should be "from my dad's apartheid property development" 😉
@cspam why are all their cars/trucks/whatever so fucking ugly
@cspam what about the "combusts for no reason" "feature"?
@cspam
It will be in the $20k upgrade along with the ability to disable dying in a fiery blaze in your car.
@cspam apparently if you throw a metal sphere at its bullerproof windows, they will shatter
@cspam have they still not fixed that?
@cspam if the property rights people could give an ounce of that energy to actually preserving the spirit of what it means to actually own something by idk supporting right to repair or something, that'd be pretty cool
@cspam lmfao yea ok, good

@cspam And I bet that rather than fixing it, Musk will just ban that person's twitter account and pretend nothing happens until the regulators start moving.

#SafetyFirst

There are very few scenarios where over-engineering something is bad (they are all where you want something to fail in a specific way if it fails to try and avoid harm, such as scuba tank burst discs). This steering column has very clearly had some metaphorical, and possibly literal corners cut.

@cspam yeah lithium will do that sometimes, and once it starts it doesn't stop

don't fuck around with batteries, especially the rechargeable ones.