The Tesla takedown has begun. A national protest movement seeks to strike a blow to Elon Musk’s net worth

Breh13

Smh.
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He got out from the manufactured PR fluff pieces. Showed his real self and destroyed his Tony Stark PR BS he tried to create for a few years.

Plus at Twitter it's all him, there's no team of people actually handling and running the company day to day.

He got lost in the sauce and thought people actually liked him.
 

ORDER_66

I am The Wrench in all your plans....
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The board is full of true sycophants and his family members.

It's going to be insanely difficult.

Facts...:francis: but I guess the stock has to crater REALLY bad if they gonna force him out... those family members will protect him.
 

DetroitEWarren

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Detroit You bytch Ass nikka
I swear if I was a gazillionaire, and see a failed billionaire that has a reign of terror on every single thing he touches.

I'm crossing the other side of the street like a black cat is approaching me :huhldup:

I'm trying to backstroke in my riches, not seen the shyt go up in smoke because owning libs babble.
Id just kill him in front of the whole team 🤷🏾‍♂️.

Sometimes the savage way is the best way. People like Musk deserve to be treated savagely, in public, in front of a lot of people.
 

bnew

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[Soft Paywall] New York Moves to Shutter Tesla Dealerships in Blow to Musk



Posted on Mon Apr 28 03:04:05 2025 UTC



Commented on Mon Apr 28 04:06:24 2025 UTC

NY should demand that Musk personally send them an email every day detailing five things Tesla did for NY that day.

If he misses a day or a bullet point, then they fire Tesla from the state.

All part of state efficiency you know.
 

bnew

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Tesla faces collapsing sales in Canada's Québec province, with new registrations tumbling 85%​


By Thibault Spirlet

Elon Musk in the Oval Office at the White House in Washington, DC, on May 21, 2025


Elon Musk's Tesla registrations suffered a drop in Québec. Chip Somodevilla/Getty Images

May 30, 2025, 7:35 AM ET

  • Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe.
  • Canada has frozen $43 million in Tesla EV rebates due to Trump's tariffs and fraud concerns.
  • Musk's DOGE work sparked backlash, boycotts, and dealership vandalism across the US and Europe.

Tesla's sales woes have reached Canada.

Data from the vehicle registration authority in the province of Québec shows a dramatic decline in Tesla registrations in the first quarter of 2025.

Only 524 new Tesla vehicles were registered in Québec between January and March 2025, down over 85% from the 5,097 units logged in the final months of 2024.

The company's top-selling Model Y saw the steepest drop in terms of pure numbers, falling from 3,274 units in the final quarter of 2024 to 360 in the first quarter of 2025. The Model 3, Tesla's cheapest car, plunged from 1,786 to just 96 units over the same period, a fall of 94%.

While the drop is precipitous, it should be noted that auto sales are generally lower in the first quarter of the year than later in the year.

Though confined to one region of Canada, the collapse mirrors similar issues in Europe, where Tesla sales fell by nearly 50% in April despite overall EV demand continuing to grow.

In Québec, as in Europe, demand for electric vehicles remains strong, suggesting that Tesla's slump is less about market conditions and more about the brand itself.

Rebate freeze and trade tensions​


Several factors appear to be converging.

Tesla has been excluded from Canada's federal EV rebate program, with $43 million in rebates frozen and each individual claim now under review.

Transport Minister Chrystia Freeland ordered the freeze in March following a last-minute surge in Tesla rebate applications — from 300 a day to nearly 5,800 — which triggered a probe into possible abuse.

Freeland also said that Tesla would remain ineligible for future incentives as long as President Donald Trump's 25% tariffs on Canadian goods are in place.

In parallel, provinces, including British Columbia, Prince Edward Island, and Manitoba, have removed Tesla from their rebate programs.

Political backlash​


Tesla's registration drop in Québec also comes amid a broader global backlash, especially in Europe, against CEO Elon Musk, who has endorsed a number of European political parties, including Germany's far-right AfD party and Britain's populist Reform UK party.

In North America, Musk's role leading the Department of Government Efficiency has led to protests, boycotts, and vandalism of Tesla dealerships across at least a dozen states.

Musk said this week he was stepping away from DOGE after months of involvement as a "special government employee." Federal law stipulates that those with this title cannot serve for more than 130 days in a 365-day period.

Tesla's shares, which had come under pressure during Musk's DOGE stint, began rebounding in April after he announced he would step back from government work and "spend 24/7 at work" on his companies.

In a Q&A published by Ars Technica on Tuesday, he said he'd been too involved in politics since wading into the 2024 presidential race last year — a campaign he heavily financed to the tune of nearly $300 million.

In a sit-down with Bloomberg at the Qatar Economic Forum last week, he said he's no longer going to be spending big on politics, like he did in the 2024 election.

Tesla did not immediately respond to a request for comment from Business Insider.
 

bnew

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Tesla Banked $11 Billion By Selling Regulatory Credits. Now The Party's Over.​




For more than a decade, Tesla turbocharged its earnings by selling billions in carbon credits. That's now drying up.​


Tesla Lot Hero - Logo


Photo by: Tesla



Rob Stumpf


By: Rob Stumpf

Aug 14, at 2:50pm ET

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  • Tesla made over $11 billion by selling regulatory credits over the past decade.
  • Its CEO, Elon Musk, called on the federal government to end all subsidies because doing so would "only help Tesla."
  • The government did end all subsidies, and also ended the fines that incentivized automaker to purchase credits from Tesla.

Tesla CEO Elon Musk has personally supported the end of U.S. subsidies in the automotive sector. This was mainly a rebuke to those calling for the end of the EV subsidy by also calling for oil and gas subsidies to be scrubbed, but his preferred solution eventually morphed into a push to get rid of all subsidies, including the EV tax credit and the like.

Well, Musk got his wish—kind of. With the passage of the Big Beautiful Bill, the EV subsidies are going away, and with it, the monetary implications of automakers not being compliant with fleet-wide Corporate Average Fuel Economy (CAFE) requirements. That single move will eliminate a revenue stream that has made Tesla nearly $11.8 billion over the last decade.

Tesla California Elon Musk


Photo by: InsideEVs

Tesla's electric empire wasn't just built on the back of its battery-powered cars. It was subsidized by automakers who purchased regulatory credits from Tesla in order to continue to build gas-guzzlers while avoiding fines from the U.S. government.

Here's how the scheme worked: All automakers have to hit CAFE and emission requirements set by the Federal government. The CAFE requirements have increased fairly steadily year-over-year since 2010 and sat at 49.2 miles per gallon in 2024, although this number includes EVs, changes based on vehicle size and is massively complicated by a variety of factors. Any automaker that didn't meet this requirement could purchase carbon credits from automakers who had a surplus of credits (like Tesla) to bring themselves below the cap, avoiding fines with (typically) cheaper credits.

It started out small, but as Tesla made more and more vehicles, it began to amass a large number of these credits that it could sell to other brands. Eventually, hundreds of thousands of dollars in revenue turned into millions. Millions turned into billions. And even recently, the sale of regulatory credits have become nearly a third of Tesla's revenue.

“These regulatory credit sales are the reason that Tesla exists today,” said Gordon Johnson, an analyst with GLJ Research. He continued: “Without regulatory credit sales, Tesla loses money in its core business."

To Johnson's point, Tesla is reliant on regulatory credit sales today as a foundational part of its revenue. These credits have been so in-demand in the past that automakers have reportedly turned to long-term contracts with Tesla so that they could purchase them.

These credits will soon become worthless under the new Republican-led tax and spending bill. The financial penalties for automakers not meeting CAFE requirements are removed, meaning that automakers won't be penalized for failing to hit that MPG requirement that incentivized them to spend money with Tesla for the past decade.

Analysts at William Blair and Co. say that the loss of regulatory credit revenue will “result in a direct hit to profitability [for Tesla]” and anticipate demand to fall by around 75% in 2026 before completely disappearing in 2027.

This is what Musk asked for, after all.

Actually, it wasn't as much of an ask as it was a demand—and eliminating wasteful taxpayer spending was one of the core pushes he had when leading up Trump's Department Of Government Efficiency. Now Tesla is reaping what its CEO sowed as its sales have dipped tremendously worldwide thanks to Musk's political activism.

Tesla's brand image has turned toxic. This has led to a global slippage of sales directly correlated with its CEO's involvement in U.S. politics. Perhaps even worse is that with the $7,500 EV tax credit going away, EV sales are expected to "collapse" in the U.S. Meaning that Tesla's home turf will have fewer people buying EVs while the rest of the world looks to other growing options as Tesla's lineup continues to show its age.

Tesla is also rewarding its CEO with a new $29 billion pay package to incentivize him to continue leading the company despite all of this potentially negative news.

Tesla's profitability has long leaned on regulatory alchemy. While it hasn't needed these credit sales to be profitable in years, its reliance on them has certainly grown over the last few quarters (especially as sales have slipped in recent months). Soon that lead will no longer shine like gold and Tesla will have to lean into its actual sales performance for all of its income. This could mean that some drastic cost-cutting is on the horizon, or a serious sales push is needed.

Either way, Tesla's CEO got what he wanted: the EV subsidy is gone. And while it might not "help Tesla" like he predicted, at least not in the short-term, it certainly isn't helping any other automaker either.
 
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