Tesla’s $800 Millionen Rückschlag: Wie ein schwindender Auftrag das Board in die Knie zwingt
Die Luft wird dünn in der Chefetage. Ein einziger, schrumpfender Auftrag hat das Tesla-Board um satte 800 Millionen Dollar leichter gemacht – ein Vermögen, das einfach verdampfte.
Das Domino-Prinzip in Aktion
Es begann mit einer Bestellung, die nicht hielt, was sie versprach. Was als solides Geschäft geplant war, entwickelte sich zum Albtraum für die Verantwortlichen. Jede Prozentpunkt, den der Auftrag schrumpfte, zog direkt an der Wertuntergrenze der Beteiligungen. Kein schleichender Prozess, sondern ein Sturz in die Tiefe.
Die Mathematik des Misserfolgs
Achthundert Millionen. Eine Zahl, die in Präsentationen beeindruckt und in der Realität wehtut. Das Board sah zu, wie persönliche Vermögenswerte sich in Echtzeit auflösten – getrieben von einem einzigen, fehlkalkulierten Deal. Ein klassischer Fall von „zu viele Eier in einem Korb“, der prompt zerbrach.
Die Nachwirkungen
Vertrauen ist jetzt die knappste Währung im Konzern. Aktionäre fragen sich, ob die Führungsetage noch die Risiken im Griff hat, während die 800-Millionen-Lücke wie ein Mahnmal für fehlgeleiteten Optimismus steht. Die nächsten Quartalszahlen werden nicht nur über Umsätze, sondern auch über Glaubwürdigkeit entscheiden.
Am Ende bleibt die bittere Erkenntnis: Im modernen Business entscheiden nicht Visionen über Erfolg, sondern die gnadenlose Buchhaltung des Scheiterns. Die 800 Millionen sind weg – die Frage ist, was noch folgt.
Tesla’s Cybertruck delay kills a key EV battery deal
L&F builds high-nickel cathodes for electric vehicle batteries. These were supposed to go straight to Tesla for the Cybertruck. But that model ran into constant delays, and buyers just didn’t bite.
No one’s seen much of the angular truck, and L&F’s order quietly died behind the scenes. The company confirmed this week that the massive order is now worth less than $10,000.
The stock market didn’t wait for the news. L&F shares have been dropping since their 2023 peak, when the Tesla contract was first announced. They’ve now plunged more than 70%, dragged down by the collapse of the order and a general slump in EV demand worldwide.
It didn’t help that L&F was leaning heavily on LG Energy Solution Ltd., its top customer, and investor confidence began to crack long before Monday’s shock filing. Still, analysts say this isn’t a full break-up between L&F and Elon Musk’s company.
“L&F had probably already stopped supplying cathodes to Tesla since last year,” said Changmin Lee, an analyst at KB Securities. The materials were only meant for some Cybertruck models, and with that project stalling, the deliveries never picked up. Lee added that the recent filing “will likely be extremely limited” in terms of market impact, since the contract had already been factored out of forecasts.
L&F’s long-term partnerships now under pressure
Even though the Cybertruck plan crashed, L&F’s business with Tesla still supplies Model Y components indirectly through LG Energy Solution, which accounts for around 80% of its total sales. That pipeline is running without disruption for now.
But the loss of the direct Tesla order smashed L&F’s diversification strategy.In 2021, the company inked a deal with Redwood Materials, the US battery recycler run by Tesla’s ex-CTO, JB Straubel.
That partnership was supposed to help L&F lower its dependence on LG Energy Solution to 50% by 2025. That goal now looks shaky.
There might still be a way out. Anna Lee, an analyst at Yuanta Securities Korea, said L&F is expected to begin production for Rivian in 2026, after securing a deal back in March. They’re also sending mid-nickel cathodes to SK On Co., used in Hyundai Motor’s EV batteries. That means they’ve still got irons in the fire.
“A short-term damper in investor sentiment is inevitable,” said Anna. “But there is an increasing possibility that the sector will regain attention in 2026, specifically centering on energy storage systems for AI data centers.”
Still, none of that changes the fact that a $2.9 billion Tesla contract just evaporated into dust, and L&F’s billionaire dreams were smashed into seven thousand bucks.
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