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hirsin | 2 days ago
If Microsoft did something that resulted in 300 million users leaving it would be considered crashing and burning, but I guess when Elon does the same proportion someone will show up to explain why losing half your revenue is better than losing all of it.
I just want to know who those people are so that I can pitch them on my next investment fund.
tonyedgecombe|2 days ago
It’s the same for his cars, they haven’t suddenly got worse at building them. It’s just that most people don’t want to buy from someone like Elon.
Supernaut|2 days ago
Actually, they demonstrably have. The Cybertruck is a technical and commercial disaster.
You're correct that most people don’t want to buy from someone like Elon Musk. A huge additional problem for Tesla, though, is that instead of focusing on the business that he's paid to run, its CEO has busied himself with far-right demagoguery for the last couple of years. While that was going on, a variety of Far Eastern companies quietly brought a bunch of EVs to market, that are mostly at least as well-made as Tesla's vehicles, while also being cheaper.
On the roads where I live, I now see about ten of these competitors' cars for every Tesla.
zimpenfish|2 days ago
The Cybertruck begs to differ.
BobaFloutist|2 days ago
>"Other companies are following the example set, they fired 70% of people without damaging the company"
>"But isn't the company in shambles?"
>"Well sure, but that's for unrelated reasons."
Surely even if that's true these famously superstitious cargo-culting executives wouldn't want to follow that example?