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Elon Musk: Officially a fraud and piece of shit. Official or unofficial war criminal?


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https://www.pcmag.com/news/tesla-s-full-self-driving-subscription-is-now-half-price


 

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Tesla's Full Self-Driving Subscription Gets a Big Price Cut. The move comes shortly after the company started requiring new buyers to get an on-the-road demo of FSD before taking ownership of their vehicles.

Tesla is making it more affordable to take advantage of its vehicles' full self-driving capabilities. The company is knocking $100 off the cost of a monthly subscription for the feature, taking it from $199 to $99 a month.  Tesla officially announced the price change on X Friday.

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Last month, the company announced it would be installing and enabling Tesla’s full self-driving (FSD) feature on every new electric car it sells and showing drivers how to use the feature before they leave the dealership.

After their test-drive, buyers will have to pay for the feature in order to keep using it. Musk also recently announced that “significant improvements” are coming to FSD every two weeks moving forward, with promises it will be “shining bright” by the end of this month or early May.

You can also still pay the $15,000 or whatever rather than the monthly sub, but the full price is only for that vehicle (FSD license attached to the car) and does not transfer.

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Spoiler

Tesla Cybertruck Deliveries Reportedly Halted 

 
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Tesla (TSLA) has halted Cybertruck deliveries, according to social media chatter, possibly to address a problem with the accelerator pedal.

 
 
 
 
 

In recent days, forums dedicated to the Tesla Cybertruck had several posters saying their upcoming deliveries were delayed or canceled.

Others had complained about the accelerator pedal getting stuck.

Tesla does not have a media relations department, and often doesn't disclose key news to the public.

However, on Saturday, noted Tesla influencer @wholemarsblog wrote on Elon Musk's X that "Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal."

 

 

A relatively high number of initial Cybertrucks delivered have broken down and required service, sometimes after just a handful of miles.

Meanwhile, Tesla has told Cybertruck production workers at the Austin factory that their shifts will be slightly shorter as of Monday. That's according to Business Insider, citing an internal memo.

It's unclear if that's a temporary move as Tesla works to address issues affecting deliveries, or if it's a long-term move due to demand.

Tesla slowed Shanghai production substantially starting in March.

Tesla's Fremont plant is still struggling to ramp up production of the updated "Highland" Model 3, with deliveries still being pushed back weeks or months.

FSD Subscription Rate Halved

Late Friday, Tesla cut the subscription priceof Supervised Full Self-Driving to $99 a month from $199. At that lower rate, it would take 10 years to reach the current $12,000 price tag for buying FSD.

On Saturday, Tesla abruptly halted its latest FSD free transfer to another vehicle.

Shares fell 2% to 171.05 in Friday's stock market trading. TSLA stock gained 3.7% for the week, buoyed by Musk's promise of a robotaxi unveiling on Aug. 8.

Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.

 

https://www.investors.com/news/tesla-cybertruck-deliveries-reportedly-halted/


 

 

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2 minutes ago, HenryJames said:
  Reveal hidden contents

Tesla Cybertruck Deliveries Reportedly Halted 

 
FacebookTwitterLinkedIn

Tesla (TSLA) has halted Cybertruck deliveries, according to social media chatter, possibly to address a problem with the accelerator pedal.

 
 
 
 
 

In recent days, forums dedicated to the Tesla Cybertruck had several posters saying their upcoming deliveries were delayed or canceled.

Others had complained about the accelerator pedal getting stuck.

Tesla does not have a media relations department, and often doesn't disclose key news to the public.

However, on Saturday, noted Tesla influencer @wholemarsblog wrote on Elon Musk's X that "Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal."

 

 

A relatively high number of initial Cybertrucks delivered have broken down and required service, sometimes after just a handful of miles.

Meanwhile, Tesla has told Cybertruck production workers at the Austin factory that their shifts will be slightly shorter as of Monday. That's according to Business Insider, citing an internal memo.

It's unclear if that's a temporary move as Tesla works to address issues affecting deliveries, or if it's a long-term move due to demand.

Tesla slowed Shanghai production substantially starting in March.

Tesla's Fremont plant is still struggling to ramp up production of the updated "Highland" Model 3, with deliveries still being pushed back weeks or months.

FSD Subscription Rate Halved

Late Friday, Tesla cut the subscription priceof Supervised Full Self-Driving to $99 a month from $199. At that lower rate, it would take 10 years to reach the current $12,000 price tag for buying FSD.

On Saturday, Tesla abruptly halted its latest FSD free transfer to another vehicle.

Shares fell 2% to 171.05 in Friday's stock market trading. TSLA stock gained 3.7% for the week, buoyed by Musk's promise of a robotaxi unveiling on Aug. 8.

Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.

https://www.investors.com/news/tesla-cybertruck-deliveries-reportedly-halted/

Tesla does not have a media relations department, and often doesn't disclose key news to the public. However, on Saturday, noted Tesla influencer @wholemarsblog wrote on Elon Musk's X that "Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal."

Happy Simon Cowell GIF by America's Got Talent

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1 hour ago, Neonmoon said:

A comment from that article.

 

Electrek’s Take

Top comment by FC

Liked by 5 people

The only new model in Tesla’s lineup doesn’t have sufficient demand to run all the shifts? That’s very troubling but not surprising. I guess the decision to launch an $80,000-120,000 niche truck that’s worst in class in every regard except acceleration wasn’t the best plan. Maybe instead they should’ve been focusing on drastically improving the core lineup and adding additional models that would be easier to produce and potentially sell in the hundreds of thousands to a million units per annum. If the decision to can the $25,000 car in exchange for a “robotaxi” is even the least bit true the future of Tesla looks bleak. Robotaxis are years and years away not only due to their technical challenges that are so far from being solved but also due to government approvals and the market’s acceptance of such a product.

 

Maybe Elon will also learn that the anti-vax anti-Semitic conspiracy theorists he’s trying to be buddy-buddy with on Twitter aren’t exactly the EV buying type either. All he’s doing is turning off the people that actually have and would buy a Tesla. Elon needs to go. It would be best if he left on his own but that’s extremely unlikely to happen. The board is full of Elon apologists but maybe if they see their portfolio crashing that will motivate them to make a move they otherwise wouldn’t have done on a moral or ethical basis.

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20 minutes ago, Pato del Muerto said:

That guy was really proud of his calmness and quick thinking of…applying the brake. 

In the recall story the brake was non responsive while the accelerator was pegged with no input. The accelerator pedal doing a RUD is a separate issue

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19 minutes ago, Hank Kingsley said:

1. Incredible this is not a parody account. 

2. My 6 year old's remote control car handles better than this piece of shit. 


Even the FWD sedans I’ve owned would’ve navigated that segment of trail without issue 

 

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On 4/13/2024 at 8:44 AM, Da Fino said:

Doesn’t it open up like a Chevrolet Avalanche, or did they scrap that design at some point?

the fact that they nixed the midgate and kept the bed so small is example eleventybillion of why it's dumb as hell

side note, the upcoming Silverado EV has a midgate

https://www.motortrend.com/features/2024-chevrolet-silverado-ev-multiflex-midgate-avalanche/

2024-Chevrolet-Silverado-EV-63.jpg

 

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1 minute ago, immamac said:

Don’t tell Rex, economy is BOOMING. NO STRANGENESS IN SIGHT 

All joking aside this is going to be pretty horrible.  Tesla is the largest private employer in Austin now, just recently passing HEB.  

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3 minutes ago, immamac said:

Don’t tell Rex, economy is BOOMING. NO STRANGENESS IN SIGHT 

 

1 minute ago, Hefeweizen said:

All joking aside this is going to be pretty horrible.  Tesla is the largest private employer in Austin now, just recently passing HEB.  

What if I instead posted a bunch of FRED graphs and insisted that ALL IS WELL

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f4e7a98d-70ae-457e-89a6-972d188153d1_tex

major layoffs coming, both open and stealth. somewhere between 10 and 20% (14-28k folks globally?) RIF

firing 10+% of your workforce is a great indicator for growth - right?

+

the CEO of a 140k employee company now saying he must approve ALL NEW HIRES

we've all worked at companies where you have seen a version of this. Elon sending it to all employees is just cherry on top lol

Quote

I would like to gain a better understanding of our hiring. VPs should send me a list of their department hiring requests once a week.

Think carefully before sending me a request. No one can join Tesla, even as a contractor, until you receive my email approval.

and 100% of the time it's bad.

going on a full hiring freeze to the level your micromanager CEO has to individually approve hires is a great indicator for growth, right?

+

cutting shift time on the Cybertruck production line by 12.5% 5 months in to delivery and with 3 days notice is totally normal, right?

https://www.businessinsider.com/tesla-tells-cybertruck-employees-shifts-shorter-austin-gigafactory-2024-4

 

all totally normal things for a company with "unlimited growth potential"

 

Edited by NoName
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2 hours ago, NoName said:

f4e7a98d-70ae-457e-89a6-972d188153d1_tex

major layoffs coming, both open and stealth. somewhere between 10 and 20% (14-28k folks globally?) RIF

firing 10+% of your workforce is a great indicator for growth - right?

+

the CEO of a 140k employee company now saying he must approve ALL NEW HIRES

we've all worked at companies where you have seen a version of this. Elon sending it to all employees is just cherry on top lol

and 100% of the time it's bad.

going on a full hiring freeze to the level your micromanager CEO has to individually approve hires is a great indicator for growth, right?

+

cutting shift time on the Cybertruck production line by 12.5% 5 months in to delivery and with 3 days notice is totally normal, right?

https://www.businessinsider.com/tesla-tells-cybertruck-employees-shifts-shorter-austin-gigafactory-2024-4

 

all totally normal things for a company with "unlimited growth potential"

 

 

2 hours ago, Clintonaldo said:

The best part will be the taxpayer bailing him out.

What's fucking INSANE is that TSLA is literally more than 10X the market cap of Ford, who actually make and sell vehicles! Musk has pumped TSLA's valuation so high on speculation, FOMO, and buzzword technobabble. And a large contingent of suckers willing to pay five figures to beta test their pedestrian and emergency services killing software 

Edited by Captainant
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16 minutes ago, Captainant said:

 

What's fucking INSANE is that TSLA is literally more than 10X the market cap of Ford, who actually make and sell vehicles! Musk has pumped TSLA's valuation so high on speculation, FOMO, and buzzword technobabble. And a large contingent of suckers willing to pay give figures to beta test their pedestrian and emergency services killing software 

once again

is this bad? it seems bad

Quote

Tesla ended 2023 with just more than 140,000 employees. That means Tesla shipped about 13 vehicles for each employee it had at the end of 2023. General Motors shipped 38 vehicles per employee, while Ford Motor shipped 25.

 

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49 minutes ago, Clintonaldo said:

The best part will be the taxpayer bailing him out.

We’ll just roll out hardcore tax credits for hardcore vehicles.  That’s the ticket!

 

The house of cards was always going to collapse.  There are some good things that will come out of the wreckage but it’s going to be a hard landing.

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49 minutes ago, Captainant said:

 

What's fucking INSANE is that TSLA is literally more than 10X the market cap of Ford, who actually make and sell vehicles! Musk has pumped TSLA's valuation so high on speculation, FOMO, and buzzword technobabble. And a large contingent of suckers willing to pay give figures to beta test their pedestrian and emergency services killing software 

I’m not trying to get CR, but based on the facts, this doesn’t sound nearly as insane as an ex-president, who is currently under numerous state and federal indictments, and is currently running for president again, having a publicly traded stock ticker with his own fucking initials based on some backwater social media site that has less than 2 million daily active users. 

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Just now, MrBig said:

I’m not trying to get CR, but based on the facts, this doesn’t sound nearly as insane as an ex-president, who is currently under numerous state and federal indictments, and is currently running for president again, having a publicly traded stock ticker with his own fucking initials based on some backwater social media site that has less than 2 million daily active users. 

it's almost like the entire stock market valuation model is built on speculation and handwaving, and is completely decoupled from actual underlying value, or something.

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13 hours ago, Post Oak said:

I guess the decision to launch an $80,000-120,000 niche truck that’s worst in class in every regard except acceleration wasn’t the best plan.

Not worst in acceleration because of the slipping accelerator pedal cheat code, right?

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23 minutes ago, Captainant said:

it's almost like the entire stock market valuation model is built on speculation and handwaving, and is completely decoupled from actual underlying value, or something.

we are in the post value fomo-as-currency mode of capitalism

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https://www.theverge.com/2024/4/15/24130735/tesla-layoffs-10-percent-workforce-disappointing-sales

 

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As part of the layoffs, Tesla senior vice president Drew Bagliano is said to be leaving the company, Bloomberg reports. Electrek noticed that the Tesla badge has vanished from Baglino’s profile on X (formerly Twitter), as it has from policy chair Rohan Patel. Baglino, who’s been at the company for over 18 years in several roles, is still listed as senior VP in charge of Tesla’s energy and powertrain division on LinkedIn.

 

 

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Just now, hayden_horn said:

we are in the post value fomo-as-currency mode of capitalism

Yep.  While there's ALWAYS been a component of "item X has value because enough people say it has value" (tulip bulbs, Star Wars figures, the McRib when it is back for a limited time only, etc.), the bottom line is that the vast majority of things that can be traded have the value they have because of some underlying fundamental utility/aesthetic (yeah, even gold is shiny and pretty).  Things like Tesla, DJT stock, crypto?  They have value -- or a huge chunk of their value, at least -- because some people have decided that it should have value.  Crypto is worth lots because it is hyped as being worth lots.  Tesla is worth lots because of the hype and aura.  DJT stock is worth lots (although much less) because it's about the personality of the brand and the cult behind it. 

For such things, almost always, the music eventually stops....and people are left holding it with no chair to sit in.

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my uneducated opinion.

  • their base models needed to keep getting cheaper. Make it so it was a dumb financial decision to not buy a Tesla. If a Model 3 could compete with a Honda Civic in price, the game would be over.
  • the truck is beyond stupid and should have never been made. I can't imagine anyone buying it except for those wanting it for their social media content. And those influencers are a mix of Elon fan bois and people who want to hate on the truck.
  • Elon has destroyed the brand. Previously a liberal would overpay for a Tesla because they wanted to be seen as green. Now buying a Tesla is unthinkable for someone who is on the left and somewhat politically active.

Sucks for Austin that a falling company is hq'ed there and isn't the truck made there. I have to guess that Austin will experience much of the layoffs.

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6 minutes ago, Nice Guy Eddie said:

Elon has destroyed the brand. Previously a liberal would overpay for a Tesla because they wanted to be seen as green. Now buying a Tesla is unthinkable for someone who is on the left and somewhat politically active.

This is the most inexplicable part to me.  The other are just sub-optimal business decisions, the sort of thing that happens.

But hyper-politicizing a major consumer product?  I mean, even Michael Jordan observed "Republicans buy shoes too."  Ford and Chevy and BMW and functionally every other auto maker don't tie the image and marketing of their products to a particular (and extreme and polarizing to boot) political ethos.  Sure, there are political identities that identify more with particular products (I'm guessing that more Republicans buy Ford and Chevy trucks, and more dems buy Priuses and Accords), but the manufacturers wisely (well, actually, EASILY, because they don't get in that game to begin with) avoided having their products tied to a politically polarizing position.  Elon....not so much.  AND, he picked the dumbest group to cater to.  Sorry, Elon....incels and blind fanbois aren't going to produce the sales figures you need to succeed.

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19 minutes ago, Brisketexan said:

Yep.  While there's ALWAYS been a component of "item X has value because enough people say it has value" (tulip bulbs, Star Wars figures, the McRib when it is back for a limited time only, etc.), the bottom line is that the vast majority of things that can be traded have the value they have because of some underlying fundamental utility/aesthetic (yeah, even gold is shiny and pretty).  Things like Tesla, DJT stock, crypto?  They have value -- or a huge chunk of their value, at least -- because some people have decided that it should have value.  Crypto is worth lots because it is hyped as being worth lots.  Tesla is worth lots because of the hype and aura.  DJT stock is worth lots (although much less) because it's about the personality of the brand and the cult behind it. 

For such things, almost always, the music eventually stops....and people are left holding it with no chair to sit in.

What if I told you there were never any chairs.

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2 hours ago, NoName said:

the fact that they nixed the midgate and kept the bed so small is example eleventybillion of why it's dumb as hell

side note, the upcoming Silverado EV has a midgate

https://www.motortrend.com/features/2024-chevrolet-silverado-ev-multiflex-midgate-avalanche/

2024-Chevrolet-Silverado-EV-63.jpg

 

Yeah, finally saw one in person.  Surprised how small the bed was.  Basically like a Honda Ridgeline.

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2 minutes ago, Aqua Buddha said:

Yeah, finally saw one in person.  Surprised how small the bed was.  Basically like a Honda Ridgeline.

But less reliable.

With a shitty build.

That rusts in the rain.

And gets stuck accelerating, with no brake function.

And will pinch your fingers off if you close the frunk.

And weighs a ton, so is shitty for off-roading.

And about a hunnert other points of inferiority I'm surely forgetting.

 

There's one reason to buy a 1200px-Cybertrucklogo.svg.png : you're a bro who wants to gobble Elon's knob.

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