• NotMyOldRedditName@lemmy.world
    link
    fedilink
    arrow-up
    4
    arrow-down
    7
    ·
    edit-2
    2 days ago

    It’s unlikely to be worse, especially if he’s stepping down from DOGE as the rumors seem to be.

    Even with all the hate, the new Model Y is now selling, there’s going to be newer more affordable models coming out in a few months, which may sell poorly compared to their expectations, but would still boost numbers above a worst quarter situation.

    Q1 has the Chinese new year as well, so future quarters will have a boost above Q1 until next Q1

    Even the current status and then China alone with the new models could probably prevent a worse situation.

    Numerous quarters / years not meeting expectations absolutely. Less deliveries and production than Q1, unlikely.

    • longjohnjohnson@lemmy.ml
      link
      fedilink
      arrow-up
      2
      ·
      edit-2
      21 hours ago

      Good luck with your position in TSLA.

      Whatever you’ve got to tell yourself to stay invested I guess. 😉

    • cron@feddit.org
      link
      fedilink
      arrow-up
      8
      ·
      2 days ago

      Maybe this will help for US sales, but it Tesla sales will likely stay low in other markets.

      • NotMyOldRedditName@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        edit-2
        2 days ago

        They just have to not crater further to beat Q1 moving forward.

        No Chinese new year will already be a boost against that.

        And then the new models can offset further sales drops.

        • baggachipz@sh.itjust.works
          link
          fedilink
          arrow-up
          3
          ·
          2 days ago

          The whole board is his family and sycophants. Not a chance that happens. He will take the ship down with him on board.

          • NotMyOldRedditName@lemmy.world
            link
            fedilink
            arrow-up
            1
            ·
            edit-2
            2 days ago

            The SEC had him forcibly removed via settlement as board chair before over the 420 stuff. It’s possible (although less given the current Trump admin) that he could lose a shareholder lawsuit over his failure of fiduciary duty to shareholders and force him out of being CEO as well.

            Ultimately, a ruling like that would probably prevent him from being CEO of any public company.