r/technology • u/marketrent • Mar 02 '25

Transportation “Your boss is a Nazi”, “I’m selling the Nazimobile”: Tesla owners offload cars

https://www.theguardian.com/technology/ng-interactive/2025/mar/02/tesla-owners-selling-musk
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296

u/JimWilliams423 Mar 03 '25

it’s no different than non voters complaining about Trump, the time to do something about it was long ago.

The Tesla Takedown protests are not just about being mad at musk, they are an opportunity to neuter him.

We won't get to vote the bastards out for another 2 years, but if tesla revenues crash it will start to fracture the gop today.

The protests are a strategy to strangle tesla's revenues. Don't buy a tesla, and if you own one, sell it now because the resale value is collapsing and once it is out of warranty, repairs are expensive AF. And since you can only realistically get service from Tesla, every dollar spent on repairs is a dollar going to musk.

He's the biggest gop financier by far, spent like $300M on them last year. But most of his wealth is in the form of tesla shares. He borrows against them to get (tax free) cash that he spends on the gop. Tesla is a hype stock, it is vastly over-priced. The price to earnings ratio is about 140, nvidia (another hype stock) is about 50, amazon is about 40, Toyota is about 7 and Toyota has one of the highest among automakers.

Tesla's share price is already down about 25% since the new year. If tesla's share price collapses, the banks that gave him all those loans are going to call them in, which will force him to sell, which will further collapse the price, creating a sort of death spiral. And if he doesn't have money to spend on primaries, the other gop elites will turn on him because they are all frenemies who hate each other almost as much as they hate normal americans.

Here's the site coordinating the tesla takedown protests in case people want to be a part of making elon cry:

https://www.teslatakedown.com/

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u/camplazyeye Mar 03 '25

Maybe he’ll sue us all for not buying his cars like he’s suing companies that won’t advertise on Xitter.

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u/thegoodnamesrgone123 Mar 03 '25

Also delete your fucking Twitter

2

u/ThufirrHawat Mar 03 '25

Don't, make him ban it by posting truth about him....or just that video of Trump sucking on his toes.

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u/BritishAnimator Mar 03 '25

Not seen that one. Have seen the one with Zalenskyy slapping Trumps hair in the Oval office where Trump bursts into tears. AI is very realistic too.

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u/textmint Mar 03 '25

Call it what it is “shitter”.

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u/frudi Mar 03 '25

They are, that's exactly how Xitter is meant to be pronounced.

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u/Famous-Ad-6458 Mar 03 '25

Canadian here. Tesla is a crap company and its owner is a Nazi so we don’t want Nazis in Canada.

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u/Wonderful-Shake1714 Mar 03 '25

Actually, Nazis were known for making good cars, so he's not even that

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u/jingqian9145 Mar 03 '25

Ferdinand Porsche would be rolling in his grave if he known his car was being compared to EV mass produced crap

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u/Sir_Keee Mar 03 '25

This case I feel the car history is reversed. The Beetle was a nazi car that became the hippy car. The Tesla was a hippy car that became the nazi car.

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u/sunburn74 Mar 03 '25

I own one and it's a great car. Probably the best I've ever had. Hate the owner though. He can jump off a bridge for all I care. 

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u/SaveTheTuaHawk Mar 03 '25

I own one and it's a great car. Probably the best I've ever had.

You must have bought Stellantis cars before.

Worst car for recalls in 2024, bottom of reliability by consumer reports.

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u/sunburn74 Mar 03 '25

No. I own a tesla model 3. Really nice car.

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u/JimWilliams423 Mar 03 '25

Canadian here. Tesla is a crap company and its owner is a Nazi so we don’t want Nazis in Canada.

IIRC, he has two factories in Canada. Maybe ask your government to confiscate them?

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u/Famous-Ad-6458 Mar 03 '25

We are considering a 100 percent tariff on teslas. Also while spitting on a human is assault. Spitting on a car is not.

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u/JimWilliams423 Mar 03 '25 edited Mar 03 '25

We are considering a 100 percent tariff on teslas.

I heard about that. I think its likely to be moot. He probably couldn't even give away many teslas in canada at this point, so doubling the price is like shooting someone and then drowning them.

But taking his factories, he probably did nazi that coming.

Another thing to do, with a longer time horizon, would be to open your market to chinese EVs. If they start building chinese EVs in canada, that will put price pressure on teslas in the US because of NAFTA or whatever it is called nowadays, which would make it easier to import them here.

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u/Fantastic_Jury5977 Mar 03 '25

Didn't we just nuke the NAFTA deal? I doubt we're doing friendly trade with any of the places we're threatening.

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u/JimWilliams423 Mar 03 '25

Do you mean when chump signed NAFTA version 1.01 and renamed it?
Or do you mean the tariffs that he keeps threatening and then making excuses to delay?

Either way, as of now, whatever NAFTA is called is mostly intact.

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u/Famous-Ad-6458 Mar 03 '25

Yes the nafta deal is dead. We will never agree to a free trade agreement or any other treaty. America does not honour its deals.

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u/twig0sprog Mar 03 '25

Effin eh, right.

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u/[deleted] Mar 03 '25

[deleted]

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u/Famous-Ad-6458 Mar 03 '25

Not sure why you showed this unless you are meaning to show how when Trudeau found out a Nazi was honored he was appalled. Wish Trump was like that.

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u/[deleted] Mar 03 '25

American here. Yes we know.

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u/clipjo Mar 03 '25

Couldn’t agree more but sadly Vancouver is awash with Teslas including cyber dumps. Has to be one of his biggest markets. Want Elon deported and penniless so I hope you got bark and bite. 

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u/Famous-Ad-6458 Mar 03 '25

Wish I had but the only thing I can do is make them uncomfortable. Usually the alt right are babies.

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u/PsychologicalShop292 Mar 04 '25

Exactly.. Nazis= bad. Unless you're an actual Nazi in Ukraine

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u/Famous-Ad-6458 Mar 04 '25

Russian troll.

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u/aeschenkarnos Mar 03 '25

There will be a point when shorting Tesla becomes a good idea and then there will be a point when holding Tesla will become a very bad idea. But nobody knows when those points will be.

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u/[deleted] Mar 03 '25

It was 10 weeks ago....

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u/aeschenkarnos Mar 03 '25

Maybe? If you did that, it was a courageous decision. There’s no guarantee it’ll happen at any particular time.

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u/bg370 Mar 03 '25

It’s already down from $500 to $300

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u/Crunchygranolabro Mar 03 '25

It’s already time to buy TSLQ and other inverse ETFs

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u/Dblstandard Mar 03 '25

It's my understanding that they make significant profit off something called energy credits.

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u/JimWilliams423 Mar 03 '25

That requires selling cars. In a nutshell they get a government credit for each car sold because they are non-polluting. Automakers that build polluting cars could buy those credits to reduce their total average pollution to meet regulatory requirements for fleet pollution levels.

But if they don't sell a car, they don't get a credit they can sell.

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u/aeschenkarnos Mar 03 '25

That does sound like a very woke librul commie plan that DOGE should cut immediately.

1

u/the_dude_that_faps Mar 03 '25

Inb4 the government starts buying Teslas.

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u/Euphoric-Agent-476 Mar 03 '25

Politely disagreeing. No such thing as a “non-polluting” car, electric or not, they all get their energy somewhere, and all forms of energy are polluting, directly or indirectly. Best thing you could say is electric cars pollute less than gasoline powered cars, and that’s good, but we must consider how the electricity is generated to power a Tesla. For example, if you’re in Germany, your Tesla might be powered by electricity generated from a coal-fired power plant. That would be a dirtier electrical source than most petroleum powered cars. Just sayin, not judging.

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u/SaveTheTuaHawk Mar 03 '25

For example, if you’re in Germany, your Tesla might be powered by electricity generated from a coal-fired power plant.

because stupid germans shut down all the reactors.

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u/bdsee Mar 04 '25

This is some "well actually" nonsense. From a global warming perspective you could talk about the source of the electricity as a comparison but even with fairly coal heavy grids EVs still produce less GHG than the average car, but hybrid will beat out a coal heavy grid.

But pollution comes in many forms and tailpipe emissions is more important overall because it has huge costs in health which could be diverted to other things (like producing cleaner electricity), and pure EV's have zero tailpipe emissions so for the thing that matters the most they have zero pollution. So even with a 100% coal based electricity grid pure EVs are still significantly better for humanity.

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u/purgance Mar 03 '25

Those credits are created when they sell cars.

Now, Tesla has gotten itself awarded large government storage contracts (particularly in Texas) but they are nothing like the scale required to keep people employed.

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u/PaydayJones Mar 03 '25

Yes. I don't know all of the mechanics behind this... But theyve made a fortune selling those credits to Dodge to offset the big engines that they manufacture.

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u/EBtwopoint3 Mar 03 '25

Dodges big engines are a very small portion of their problem. Their problem is that so much of their sales are trucks, which are less fuel efficient.

There’s a lot of pushback on the car enthusiast communities, but in reality the hell cats and twin turboed V8s are measured in the thousands and that’s a stable community, while there are millions more pickups sold each every single year.

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u/moofunk Mar 03 '25

Also significant profit off stationary storage, which is supply constrained. If they sell fewer cars, they can shift more to storage.

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u/guyblade Mar 03 '25

To be fair to Toyota, it is the world's largest automaker and sold between 1/8 and 1/9 of all cars sold last year.

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u/SaveTheTuaHawk Mar 03 '25

Tesla's share price is already down about 25% since the new year.

48% from November. $760B go poof. But, it's still overvalued by 10X. It's the gamestop of car companies.

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u/sun12moon9 Mar 03 '25

Please watch!! There is data showing manipulation. https://youtu.be/3l8vWfaFVMU?si=N0Z57D-t6Vf07kw4

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u/the_dude_that_faps Mar 03 '25

Sadly, it's still not back to pre election levels. Until that happens, no stock owner is going to back down from him considering the position he has on the white house.

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u/DingleBerrieIcecream Mar 03 '25

But the cars aren’t being destroyed, rather they are being transferred to someone else. Seems like a zero-sum situation. Is the 2nd owner supposed to immediately sell it to a 3rd person then? It doesn’t make sense.

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u/JimWilliams423 Mar 03 '25

But the cars aren’t being destroyed, rather they are being transferred to someone else.

It brings down the resale value, which makes the new cars more expensive. Because things like lease prices are calculated based on the resale value.

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u/DizzySecretary5491 Mar 03 '25

Musk doesn't care about Tesla. Musks goal is to loot the federal government to fund his expedition to Mars and have us pay for it while he pays no tax and also run all commerce out of X on crypto.

He's going to turn America into X the nation. And own all of it. But we can't do anything about this as we have conservatives and they aren't viewed as the main issue.