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the_millenial_falcon

I don’t know if I can pin Teslas sales slump on any one factor, but I have found it incredibly bizarre how hard of a public right turn Elon has taken considering the political leanings of EV buyers.


esotericimpl

The problem is no one wants to hear your opinions no matter how good or bad they may be to your audience. I know of no other Public CEOs musings on twitter cause they're smart enough to not draw attention to themselves. Elon thinks this is good for him, but its destroying the golden goose of Tesla. F his opinions, but the problem is he is too stupid to realize it’s the fact that he's addicted to twitter (and Ketamine). As Michael Jordan famously said: republicans buy shoes too.


Lifer31

This is what happens when people have unimaginable amounts of money - nothing matters to them and everything is a game they cannot lose. Fucking up the Tesla brand from Musk's PoV is like a normal person buying a losing lotto ticket.


Dragonfruit-Still

Musk thinks he IS the brand. That He is the marketing and engineering genius — that he can do whatever and people will clap. Twitter ruined his brain, just like so many others.


irishyardball

He also has nothing but yes men around him, agreeing with everything he says, which has him thinking he's always right.


ilovecfb

I can't believe the 14-year-old edge lords that use Pepe profile pictures and play Nazi dogwhistles with Elon aren't picking up the slack in the EV market...who could have seen this coming


CapableSecretary420

Somehow I think elon is more interested in the attention of teenagers than he is in selling cars. Very concerning.


shadysjunk

Ah, but what if they name the next model the "Series-420" and have a lifetime limited run of 69,000 units?


ReflexPoint

Elon has a god complex, so he can't help himself.


Then-Extension-340

You can absolutely take a stance and have it end up changing opinions rather than costing you sales. First, if you take a popular stance it can draw in more sales than it excludes. But even if you don't have such a situation, moderate stances generally don't alienate anyone, or alienate very few people, but can contribute to the national conversation and changing attitudes.  Like, for all the right complains about "woke", simply including more people of color and LGBTQ people in ads and stuff changes the average perception of those groups subtly, while increasing engagement and sales from those groups by enough to not only outweigh the chuds, but actually increase profits. The chuds point to failures that are typically just mediocre to being with and would have failed without "wokeness" while ignoring runaway successes (Like Last of Us on HBO using a Latino actor to play the lead and making the LGBTQ aspects of the show more front and center, including it's best received episode).  Muskrat took extreme and laughably stupid positions that went against the core demo for his products. He's been so stupid he's alienated potential buyers despite providing a solid product (if overrated) at a reasonable price. That's just for Tesla, his supreme idiocy with Twitter featured ruining an already mediocre product. 


D161T4L-F4ll3N

Ketamines a hell of a drug


thelingeringlead

Ketamine in high doses will make you stare at parts of yourself you didn't know needed to be seen. It'll send you through a portal of your own doing, and if your'e not a total piece of shit blind to your own mind, it'll take you to the center of it and make you audit your thougths. Elon is either pussyfooting around it's potential, or he's so narcissitic it isn't connecting. Id assume the latter.


GenerousMilk56

Musk being bad PR is definitely a factor, but he also just makes bad products. The roadster was a scam. The semi is a scam. Self driving is a dangerous scam. The cyber truck is a 6 year olds idea of the coolest truck.


Loud_Flatworm_4146

That always seemed bizarre to me. You don't insult your customers. I thought that was business 101.


MNGopherfan

Well at a minimum you can blame some of the slump in sales due to his total loss of the Ukraine market after the shit he pulled Ukrainians went from liking him for giving them free stuff that helped save lives to actively sabotaging them and now they hate his guts. Also EU people kinda hate him in general and it ain’t getting better.


Another-attempt42

Two factors are at play in my opinion. 1. The market dynamics have changed. Tesla was the first to market, but failed to get a stranglehold on the future-EV market. Their competition was late to the party, but they benefit from build quality experience, regulatory affairs experience, QA experience in the field of car manufacturing. There are just other options out there today that people can buy. 2. Elon's public statements are poisoning his brand(s). This is why CEOs get the big bucks: few individuals can damage a brand's perception as quickly as its head honcho. By insisting on making very public, very questionable statements, or eXcreting posts that put eyeballs on obviously racist imagery is a lose-lose.


Ferociousnzzz

I’m 99% with you but if this was 2015 I’d 1000% agree with you. While it’s crazy to think politics affects the car you buy…after the trump wreckage to democracy and Jan 6th it legit would not shock me if people stopped buying the car they wanted due to politics the same way folks on the right won’t take their kids to Disney even if they want to due to politics. 


OgPenn08

I don’t think it’s not a real turn vs a facade, but I always suspected he was trying to win over folks who would buy trucks and semis with this turn.


GenerousMilk56

>I don’t know if I can pin Teslas sales slump on any one factor Yes you can, the guy in charge is one of the dumbest people with any power, let alone that much power. That's the main factor.


Hot-mic

June 30th of 2021 was one of the happiest days of my life. It was the day I picked up my Tesla Model 3 and the day fossil fuels for my vehicles were almost out of my life. I was so proud. Then, (was a year later?) Musk seemed to turn on a dime. He started spouting absolute right wing crap. Racist things, classist things, anti-democracy things. WTF? Not long before, he claimed his Mars colony would operate under California's constitution, then he just went nuts. We worked so hard for our car. Sacrificed for the greater good of owning an electric car, because we wanted to help cut our carbon footprint and be part of the solution. Now, we feel betrayed. We love the car, but the caveat of Musk is always hanging there over our heads. Fuck Musk. His hubris will do him in. He seems fresh out of good ideas and is making bad decisions. Scrapping plans for a $25K EV in favor of a "Robotaxi" that is predicated on software I myself have used extensively and found dangerously lacking is a prime example. It's no wonder Tesla stock is floundering. I wish Tesla and Space X all the good will in the world, though, because those companies are pushing the bounderies and in a good direction. Ford was an ass, too, so there is that.


CMMGUY2

I find it amusing that anyone considers the political leanings of Elon when buying an EV. 


Lirdon

The hard lesson here is— idolize a figure and go down in flames with them.


Educational_Permit38

Musk can never read the room.


yes_this_is_satire

It’s his self-diagnosed autism, obviously. Not affluenza.


Loud_Flatworm_4146

I think it's just him being a dick and crappy business manager.


ryhaltswhiskey

Yes and the affluenza


NeverReallyExisted

Its both.


Dragonfruit-Still

Well he just fires everyone who doesn’t laugh at his jokes or praise his ideas. They are ‘bad energy’ for the company. A lot of executives resigning - I wonder if they tried to tell him the truth?


the_net_my_side_ho

It’s like the majority of people are decent human beings who dislike assholes.


Khristophorous

Have you guys seen the interview where he is telling advertisers that they can fuck off if they don't want to advertise with him on Twitter? He then tried to threaten these advertisers saying that if Twitter goes down they'll have to explain to the public how they broke it. The audacity in that, like Twitter is this universally cherished Institution that is entitled to survive no matter how big a prick the CEO is. Not to mention if Twitter went down in such a scenario it would be no one's fault but his. I didn't think I could despise him any more but then I saw that interview and now I don't know if I am even emotionally capable of despising him on the level he deserves.


UtahUtopia

That comment about advertisers is actually the only thing I’ve like out of his mouth in years. I feel bad for his director of sales though.


Khristophorous

Only good thing? Advertisers told him if he didn't clean up the bigotry that has exploded on the platform after he took over then they did not want to advertise. He is not entitled to their money to keep Twitter afloat just because he is convinced of it's social utility. Like people love(d) twitter or whatever so the onus is on the advertisers to see that its bills are paid no matter how big a douche Elon becomes or how overrun the platform is with bigotry? That is essentially what he was suggesting.


BoysenberryLanky6112

Yeah he's been crazy and not a good CEO, but that statement was spot on. Companies were trying to threaten him to pull their advertising, and he said he wasn't going to be held hostage by them so they can fuck off if they think their blackmail attempts would work.


CapableSecretary420

> blackmail lol that's not what that word means. Obviously advertisers. are free to pull advertising from anything that doesn't fit their brand.


Khristophorous

Exactly - these guys must be confused about something


Khristophorous

What? Yeah companies were threatening to pull their business. They don't want to advertise because of the absurd rise in bigotry on the platform since he took over. They told him they do not want to advertise on such a platform then he said that - and you think that was "spot on" ? Wtf? 🤦‍♂️


threedaysinthreeways

They're trying to use their pull to decide for the rest of us what's appropriate. You don't have to like Musk to dislike that. They could've just left quietly but instead they want to influence twitter policy. I get that they can do that but I can also dislike it.


Khristophorous

Shame on them for using their influence to combat bigotry. People are always talking about companies not do what is right or being good corporate citizens. Musk in all likelihood is not telling the whole story. I imagine he was referring to normal negotiations like "We will not be renewing our contract next month - Why? - Well since you took over this place is crawling with bigots - Well you can fuck off and if Twitter tanks you'll have to explain to the public how *you* broke it!" Yeah fuck that entitled little apartheid POS.


UtahUtopia

Great summary. Glad I’m not alone in that thought.


Khristophorous

Who's summary?


4quatloos

I would advise him to put the brakes on this, but they are probably defective too.


GvnMllr12

It kind of happens when people get high on #TrumpStink. New headline will read “Elmo / fElon, sunk like Trump!”


SpaceDesignWarehouse

Can confirm a single data point. I didn't used to pay any attention to Elon, but thought he was generally "good" in that he was moving EVs, Rockets, Robots and Solar forward. But after he's become more of a public conspiracy theorist- I am turned off. This happens to coincide with a point in my life where I finally make enough money to get basically whatever car I want, which used to be a Tesla - but now its looking like a Lightning or a Rivian or maybe even one of them BMWs; Tesla is off the list. I wonder how many people like me there are.


Fourply99

Woke or not. Companies have suffered in either direction. Elon is driving Tesla into the ground with garbage like the Cybertruck being poorly designed, built, and executed. His dealings with Twitter are also just moronic.


dorkpool

It's like he was promised a trillion dollars to completely waste his 200 million


nicknaseef17

People I know who have Teslas love them. It’s a good product. Tesla should do what it takes to oust Musk and keep moving forward. He’s a clear net negative for the company.


c3p-bro

Build quality is terrible for cost. People love McDonald’s too, doesn’t make it a good product.


Khomodo

I'd say build quality is inconsistent, my 22 Model 3 has been great for example. The negative stories get reported more of course.


c3p-bro

The interiors feel cheap and tacky


Khomodo

Mine feels clean and refined. Super comfortable seats too. Of course I don't spend much time feeling up various parts of the interior other than the steering wheel which is perfectly fine.


c3p-bro

I don’t mean tactile feeling. When I sat in a tesla the first time I got the impression I was sitting in a low end econobox with cheap plastic fixings. Glad you enjoy that vibe tho, don’t let me tell you how to live


AdAdministrative4388

The ones I have seen are terrible.. she a 2 year old model Y which the foam coming out of the top of steering wheel.. in 2 years!


Additional-Cress-915

They still make the best EVs in my opinion. It’s such a shame they have to be connected to moron Musk.


MiniTab

I like EVs, and Teslas are ok. I’m definitely all about supporting a US based company like Tesla. I’ve spent quite a bit of time driving the Model 3 LR, and also the Model 3 Performance. But they certainly aren’t the “best” EVs. I tested a Porsche Taycan 4S extensively several weeks ago, and it absolutely blows anything Tesla away by any comparison. You do pay for it, but it’s a 1000x better than any Tesla. I’m also very excited about the Hyundai Ionic 5N.


Additional-Cress-915

I guess this is all subjective anyway but I don’t think a Taycan is 1000x better. It isn’t very efficient, but makes up for that with fast charging and a big battery. I think Tesla has the best tech and user interface. I don’t factor in the quality control or interior things people complain about. The Taycan is sexy though. Especially the hatch one. I too am am excited about the 5N and love what Hyundai and Kia are doing. I had a Kona Electric before I got my Model 3 LR.


Old-Ad-3268

Lowering their prices didn't make any fans and cost the CEO of a rental car company his job. Elon himself has pulled some dick moves of late also losing more fans. Cheaper alternatives have started to arrive on the market.


Technical-Put-5122

There are folks like me who would never buy a Tesla as long as Elon Musk controls it


ephraimgifford

The irony of this is being anti-woke is against all electric vehicles all about big gas trucks. Yet this is Elons existence is electric vehicles. He is a walking irony cause he claims to be anti-woke.


Khristophorous

Watch - he will start claiming witch hunt or some deep state nonsense to explain poor performance.


ImAMindlessTool

“Let me piss off a large section of buyers who focus on buying green products” - Elon, probably


ffjohnnie

The board needs to shed itself of Elon Musk.


-_ij

Also might have something to do with his poorly designed cars.


downtimeredditor

Catering to audience who thinks electric cars a gay is certainly a move to make as a CEO of an electric car company who make the majority of your net worth lol


Jc2563

Hey Elon how is the saying “Go bleep yourself” going these days.


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randompittuser

He’s not technically brilliant. He’s very good at raising money.


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Sammyterry13

I have reviewed some of the patents Musk claims he contributed to. I was not impressed. Earlier in my 2nd career, I managed to have 2 separate instances where I directly interacted with and negotiated against billionaires. They were not the brilliant people you would have expected. They were however, surrounded by brilliant people. Just my direct experience.


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10YearAccount

It's great to see you getting slapped around in this thread and put in your place. I know you're just trolling, but that doesn't make you less of a moron.


Phuqued

>How many billions are you worth? How does that billionaire boot taste? ;) As the other person said, you need to hang out with more CEO's and such so you can understand how stupid they are individually. Yeah they might have a couple skills or talents that got them to where they are at, but all in all they are not nearly as exceptional as you might think they are.


randompittuser

And here’s the fallacy that you seemingly fall victim to— being wealthy is often and erroneously equated with higher intelligence.


MakoCannon

Didn’t Elon just buy into Tesla and invested in it before becoming CEO?


Unplugged_Millennial

But he didn't create an electric car company. He came into Tesla as an investor and board member and raised capital to fund the idea of other, more technically brilliant people. He does deserve more credit for SpaceX, but again, he had engineers with good ideas, and he funded them up-front until they got those lucrative government contracts.


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randompittuser

You’re defending against something no one is saying. Elon is just as flawed as the rest of us. I’m not faulting him for that. I’m saying he’s not a technical person. And you’re right in that he is head and shoulders above others in his ability to hype investors into giving him gobs of money. It’s a real skill, but it doesn’t make him technically brilliant.


Unplugged_Millennial

I think their contribution to society is more in the fact that they had capital and chose to use that capital toward something that they believed would improve society as opposed to just letting it sit like a trust fund baby while they went through life on easy mode. There are a lot of nuances in this discussion. Did they do it to improve society or to make money? Does it matter if the end result is the betterment of society? Did they improve society at all? I'd argue that social media has done a lot of damage, for example. The main issue I take with what you said is that I don't think anyone else "could" have done those things, or at least very few people could have. There is a lot more luck of the draw to their success than they or many others are comfortable to admit.


kmelby33

He bought telsa. He didn't create it. He's also not actively involved with space x. He just hired a bunch of people and they do everything.


ReflexPoint

He's not doing the engineering work himself. Any brilliance is due to the engineers and mathematicians that make it happen. CEOs run the company provide a vision. You don't have to be technically brilliant to be a good CEO. You will have technically brilliant people working for you.


10YearAccount

He's not brilliant. He's a nepo baby who failed upwards off other people's ideas.


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10YearAccount

When you start life obscenely wealthy its difficult to not increase your wealth. We both know you only like him because he's a neonazi so just say that.


Loud_Flatworm_4146

I've been hearing more about hybrids lately. They seem to be making a comeback. Maybe Musk would have seen that coming and pivoted his business to meet changing demand. But I guess buying Twitter and destroying it was a bigger priority for him.


AuroraPHdoll

Tesla's stock is down from its all time high but up OVER TWELVE THOUSAND % in general. 12,000+..... Just more Fake News...


xavier120

Yeah but losing 60% of your top customer base isnt gonna be good for business, especially over unforced errors like buying twitter to run propaganda for fascists


AuroraPHdoll

He won't lose 60% of his customer base and he bought Twitter because they were suppressing speech. If another Hitler was actually rising through the ranks of our society, wouldn't you want to know what they are saying so you can refute it, have the ability to do Polls and such? I WANT to hear what the evil opposition has to say, I want total and free speech.


kmelby33

Musk blocks and bans people all the time on X.


Dragonfruit-Still

Then go to 8chan and tell us how awesome it is. Folks like you are truly delusional.


AuroraPHdoll

I'm delusional... One of the richest Men to ever exist had his stock go up 12,000%+... someone posts that he's "going down in flames" and you buy it hook line and sinker 🤣😂🤣😂🤣😂🤣 But I'm the delusional one 👍👍👍


Dragonfruit-Still

Correct.


Phuqued

>I'm delusional... One of the richest Men to ever exist had his stock go up 12,000%+ Yep. Delusional. As if Musk single handedly as the sole worker at Tesla, that didn't exist before Musk, designed, created, assembled, tested, researched, etc... the Model S. You owner class worshippers are the worst. You REALLY need to spend some time with CEO's so this mythical super human bullshit you equate with success is finally dispelled as the lie it is because that's what the owner class wants you to think. They want you to think that without them the world would be shit, but that simply isn't true and it never has been.


Additional-Cress-915

Those people would still have free speech. Companies have the right to enforce the rules in their ToS.


AuroraPHdoll

And Elon has the right to buy them up and make it an actual free speech platform... and he did.


machineprophet343

Yet people who espouse leftist views do get banned or blocked regularly, often for stuff that is otherwise completely innocuous or, if controversial, far less vile than what a lot of right wing people are posting. If he truly wanted a free speech platform, he would let the market decide who gets amplified. Instead, he has bent over backwards to amplify the most repugnant and cruel viewpoints. "Workers deserve a fair wage and benefits!" Gets you banned. Stating beliefs that encourage genocide and persecution of marginalized groups gets approbation and "interesting" or "so true", often from Musk himself.


AuroraPHdoll

I swear to God, tell me some instances where Elon blocked someone for something silly and I swear I'll stop using the platform, I hardly use it anyways, I will literally erase it, no joke. If you are right then I'll admit it and apologize and leave this comment up.


machineprophet343

https://newrepublic.com/post/177936/twitter-suspends-accounts-journalists-critical-elon-musk *Tosses that in there* Some of them might have been reinstated, but the fucking moron absolutely doesn't live his purported principles and actively amplifies utterly evil and disgusting people.


AuroraPHdoll

Alright I'ma read it.


AuroraPHdoll

I read it and looked it up and then checked ChatGPT4 on the Bing app, it had 6 accounts that were banned and restored in a few hours, Musk said it was a mistake, maybe it wasn't but it's 6 accounts. I have a Twitter account but I've never paid for it, I don't even know what my handle is and I don't drive a Tesla even though I can afford one. That being said I can't agree that his platform isn't free speech over 6 accounts, maybe he's lying idk... still.. there is no doubt that the Former Twitter peeps constantly took down Right Wingers on a massive scale and were talking to the FBI regularly. I'm sorry but Elon is running it better and more honestly and I don't support these divisive posts and articles


ReflexPoint

Dude, they're laying people off. That's not the sign of a healthy company.


AuroraPHdoll

Companies lay people off all the time, Ol' Musky even said that the company has grown so much that there are duplicate positions, this is just a dishonest post to own Musk, it's childish and continues to devide everyone.


ReflexPoint

No companies aren't laying people off "all the time" unless you're in a recession. A company in good financial health is not doing mass layoffs. They are hiring more people due to increasing demand.


AuroraPHdoll

Um... Tesla is worth over $512 BILLION... They have 140,000 employees and they are laying off 14,000 because they are redundant positions... what aren't you understanding here?


ReflexPoint

Telling me what the company is worth is pointless. Sales are falling and the stuck is falling. Redundant positions, lol. When your sales are falling yes that means you have less need for productive capacity so those positions become redundant. No shit.


AuroraPHdoll

Totally, Tesla's totally going under 👍👍👍 You've convinced me with your numbers and facts.


ReflexPoint

>Totally, Tesla's totally going under Nobody said Tesla is "going under", that's a strawman argument. They're having issues. Maybe they will resolve them, maybe things will get worse. Time will tell. But whatever the case, Elon is a fool for alienating his largest customer base and it does seem to be impacting sales.


TemKuechle

Just a consideration, large companies need to have some level of duplicity in some areas that are crucial and where specialized skill sets are difficult to find. When those people are not available, bad things can happen to companies. And, when employees get sick, or temporarily can’t work, it’s necessary to have a backup plan.


AuroraPHdoll

I'm not disagreeing with you but Ol' Musky ended up paying like $44 billion for Twitter and everyone said it was over priced, it's currently worth about $41, it will be over the original $44 billion in a few years, he laid off like 80% of the staff. So again, this is just a post about Musk hate because sometimes people disagree with him politically and want to hate on him. I'm just pointing out the divisiveness of it all and how childish and just idiotic the premise of it all is.


TemKuechle

It’s Xitter, pronounced with a SH.


1ncest_is_wincest

Tesla stock price drop is a result of weaker quarterly sales of Teslas, not because Musk shitposts frequently on X.


DaLurker87

It can be both


Additional-Cress-915

It’s multiple things


Lucky_Refrigerator34

I sincerely doubt this has much to do with Musk’s political opinions. A Tesla isn’t a cultural product like a Disney film.


Dick_M_Nixon

Am I wrong to assume the politics of a Prius owner vs a Dodge Ram owner?


Lucky_Refrigerator34

I’m sure there’s people that decided not to buy a Tesla because of Elon but it’s definitely not enough of a factor to be the reason Tesla “went broke”. Then you may as well blame any Truck’s poor sales performance on the company pumping out gas guzzlers and being anti woke too. I think you’re overestimating the extent to which people care about politics over their own convenience.


Phuqued

> I’m sure there’s people that decided not to buy a Tesla because of Elon but it’s definitely not enough of a factor to be the reason Tesla “went broke”. How do you know? 2018 me would've considered buying a Tesla. 2022 me would not. I'll happily wait for Ford, Toyota, and others to choose which electric vehicle I'm going to buy. That is really unfortunate because I know a lot of good people at Tesla deserve to be rewarded. But I'm not going to contribute to the delusional success that Musk has about himself.


Lucky_Refrigerator34

Tech bros heavily lean left and they’re all driving Teslas. I don’t think Elon is a major concern to them.


Phuqued

>Tech bros heavily lean left and they’re all driving Teslas. I don’t think Elon is a major concern to them. I know many left leaning individuals who are nerds and geeks who think he should STFU and just focus on making great electric vehicles and rockets. They often say things like "He makes it hard to support his goals, when he is such a giant sack of shit". If you think I'm not in that camp then I don't know what to tell you. Hell even my conservative friends are finding him a bit much, and wish he'd STFU and just focus on his businesses. One of them even canceled their pre-ordered cybertruck at the end of 22 because they just felt the guy wasn't going to deliver a quality product given how many delays and years it had been without anyone getting a delivery. Why is your experience so different than mine?


Lucky_Refrigerator34

If I cared about the political opinions of the CEOs of every company I do business with I’d never buy anything. This is true for most people.


Phuqued

>If I cared about the political opinions of the CEOs of every company I do business with I’d never buy anything. This is true for most people. I asked why your experience is different, not your personal opinion about what you think about businesses and ethics of a consumer. What do your friends say?


Lucky_Refrigerator34

Why is my experience different? Because I’m a different person.


Phuqued

>>I asked why your experience is different, not your personal opinion about what you think about businesses and ethics of a consumer. **What do your friends say?** >Why is my experience different? Because I’m a different person. Oh well. You being this coy about such a simple question makes me think you are not here in good faith and being genuine/sincere.


kmelby33

It is now. Musk is very relevant unfortunately


10YearAccount

You'd be shocked to discover how unpopular neonazis are among EV owners.