Comment by hirsin
10 hours ago
I can't think of a more quintessential crash out of a major brand than Twitter from the past couple years. For a significant percentage (>10% publicly, I'm confident much more than that internally) of users it became unattractive.
If Microsoft did something that resulted in 300 million users leaving it would be considered crashing and burning, but I guess when Elon does the same proportion someone will show up to explain why losing half your revenue is better than losing all of it.
I just want to know who those people are so that I can pitch them on my next investment fund.
Weren’t most of the losses down to Musk’s weird political stance rather than the effects of the staff reduction?
It’s the same for his cars, they haven’t suddenly got worse at building them. It’s just that most people don’t want to buy from someone like Elon.
> It’s the same for his cars, they haven’t suddenly got worse at building them.
Actually, they demonstrably have. The Cybertruck is a technical and commercial disaster.
You're correct that most people don’t want to buy from someone like Elon Musk. A huge additional problem for Tesla, though, is that instead of focusing on the business that he's paid to run, its CEO has busied himself with far-right demagoguery for the last couple of years. While that was going on, a variety of Far Eastern companies quietly brought a bunch of EVs to market, that are mostly at least as well-made as Tesla's vehicles, while also being cheaper.
On the roads where I live, I now see about ten of these competitors' cars for every Tesla.
> It’s the same for his cars, they haven’t suddenly got worse at building them.
The Cybertruck begs to differ.
I mean your point isn't unfair, but the conversation so far os going something like
>"Other companies are following the example set, they fired 70% of people without damaging the company"
>"But isn't the company in shambles?"
>"Well sure, but that's for unrelated reasons."
Surely even if that's true these famously superstitious cargo-culting executives wouldn't want to follow that example?