• ExLisper@lemmy.curiana.net
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    6 hours ago

    The company missed Wall Street expectations, despite its core automotive segment generating just over $20 billion in revenue, up 23 percent from a year ago.

    How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?

    • Quazatron@lemmy.world
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      5 hours ago

      When I see people drive them, I wonder why you would buy such a thing.

      After a few years on this country’s hole filled roads and stone paved streets, they start to break down and develop a distinct squeaking noise, indicating that the build quality is not good at all.

      Still, I think it’s more of a fashion statement from vain people that will trade it for a new car in 4 years, so build quality does not matter. It says “Look, peasants, I have an imported american car. Envy me, you Peugeot driving scum.”

      • TBi@lemmy.world
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        3 hours ago

        I read the front suspension has a design flaw and needs the rubber parts replaced often to stop the squeak.

    • kalleboo@lemmy.world
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      5 hours ago

      As always, people have short memories, or just do not give a shit about ethics

      https://www.nytimes.com/2026/06/26/business/tesla-elon-musk-europe.html

      Tesla’s vehicle sales rose 77 percent from January through May compared with a year earlier, the European Automobile Manufacturers’ Association said this week. In May, Tesla sold 22,000 cars in Europe. That’s more than Ford, Nissan or Honda, even when including their fossil-fuel models.

      Many people seem to have put aside their personal feelings about Mr. Musk after Tesla cut prices for its entry-level models to levels that are competitive with comparable gasoline or diesel vehicles and inexpensive cars from China. In some countries, Tesla’s Model Y sport utility vehicles can be leased for less than 300 euros, or about $340, a month.

      “Once you go down the pricing scale, people pay less attention to ethics or morality,” said Matthias Schmidt, an independent analyst in Berlin who tracks electric vehicles sales. “Tesla’s product has become so appealing from a price perspective, it’s almost too good to refuse.”

      • ExLisper@lemmy.curiana.net
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        2 hours ago

        I remember Tesla sales dropping after this

        so I hoped people are still capable of using ethics when making financial decisions but it looks like I was wrong.

      • tias@discuss.tchncs.de
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        3 hours ago

        The people I know who bought one don’t give a shit about ethics. They stayed away from them for as long as they were socially unacceptable, but as soon as the storm blew over they saw their chance to buy one.

        Just… a data point. My experience is that at least 20% of a population doesn’t care about stuff like this. They care about their own social status, but not ethics.

        • 0tan0d@lemmy.world
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          3 hours ago

          Targeting 20 percent of the population isn’t the type of business model that puts your stock this far above all the established automakers though. The correction on the junk stock can’t come soon enough.