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#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy

The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.

#ElonMusk #Musk #finance #investing #StockMarket #business #egomaniac #EV
https://www.nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb


Injury rates at SpaceX facilities continued to exceed an industry average in 2023, according to a Reuters review of safety data reported to U.S. regulators by the space venture controlled by billionaire Elon #Musk.
https://www.reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
#musk


😂Elon #Musk’s Robotaxi Dreams Plunge #Tesla Into Chaos https://www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024


I did a quick check of online traffic, and where Twitter was once bigger than Facebook, FB now sees 5.5x as much traffic per week than "Twitter".

1.3B organic visits per week is nothing to sneeze at, but where they were once ranked #2 or #3 for the busiest website, they are now #9 and sinking fast. #Musk #MoreMoneyThanBrains


Elon #Musk drops into the #Twitter offices to provide on-the-spot guidance.


“Elon #Musk Didn’t Want His Latest Deposition Released. Here It Is.

Musk is being sued for falsely suggesting a 22-year-old Jewish man was part of a neo-Nazi brawl.”
https://apple.news/ARduOjaZARZO67NtdderVAA

#musk


Name this Band!
Benenne diese Band.

#Music #Band #Musk #Milei


“Musk has promised full autonomous driving…for nearly a decade. …Musk’s false…claims are now the object of consumer lawsuits and a federal criminal probe. … But that’s just one of many broken promises. … All this has seriously damaged Tesla’s brand.”
https://www.fastcompany.com/91086771/6-reasons-why-tesla-is-failing-and-they-all-have-to-do-with-design
#musk #tesla


Lol

“It appears that Elon #Musk’s X, formerly known as #Twitter, has restored blue check marks to popular users overnight — and some of them are taking to the platform to clarify that they didn’t pay for the perk.”

https://variety.com/2024/digital/news/elon-musk-restores-blue-checks-x-influential-users-1235960188/


Not nearly enough.
The story of #Tesla reminds me of a #bubble, very much like the excellent article Cory @pluralistic wrote last December about two kinds of (tech) bubbles.*

Even though Tesla is just a company, its market cap and the weight of all of the #Musk brands taken together easily make up for lack of other competitors in this hypothesis.

The #TeslaBubble will be of the type that leaves something behind. A shaken up old car industry.

We'll see.

*
https://locusmag.com/2023/12/commentary-cory-doctorow-what-kind-of-bubble-is-ai/


#Shrinkage

Would-be #Tesla buyers snub company as #Musk's reputation dips

“The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by market intelligence firm Caliber, which attributed the drop in part to CEO Elon Musk's polarizing persona.”
https://www.reuters.com/business/autos-transportation/would-be-tesla-buyers-snub-company-musks-reputation-dips-2024-04-01/


As X further descends into the abyss, the platform becomes more X-rated & discourages those who provide content that helps the world know the news, politics & culture in "real-time" to stay.

It was Musk's intent, make X into a platform that props up his businesses, RW ideology, conspiracy theories, crypto shills, deviant content, while harming Dems, immigrants, unions, LGBTQ ppl, democracy, discourse, community, activists for climate, science, environment...

#Musk #X
https://www.bloomberg.com/news/articles/2024-03-28/elon-musk-s-x-is-testing-adult-content-groups-for-users

#musk #x


Ukrainian front-line troops say they are experiencing connection problems with the vital Starlink internet service, owned by Elon Musk and used to run Kyiv’s fleet of attack drones, while also reporting an increase in Russian use of the devices, despite this being prohibited by US sanctions.

https://edition.cnn.com/2024/03/25/europe/ukraine-starlink-drones-russia-intl-cmd/index.html

#Ukraine #Russia #Starlink #Elon #Musk #ElonMusk #US