Key Points

  • Tesla’s Q1 2025 earnings showed a 71% drop in net income and a 9% decline in revenue.
  • Elon Musk attributed some of Tesla’s struggles to “rapidly evolving trade policy” and “changing political sentiment.”
  • Analysts express concerns about near-term uncertainty for Tesla, linking the company’s future to Musk’s involvement with the White House.
  • Not_mikey@lemmy.dbzer0.com
    link
    fedilink
    arrow-up
    11
    ·
    9 hours ago

    And there stocks price went up 7% today …

    If anyone still needs proof that financial speculation and stock valuations are as real as fairies, here you go.

  • grue@lemmy.world
    link
    fedilink
    arrow-up
    18
    ·
    14 hours ago

    9% decline in revenue.

    Those are rookie numbers. We gotta pump those numbers up!

    Seriously though, we need to be forcing a 71% drop in gross revenue, not just profit. A 71% drop in profit is not the same as a loss.

  • givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    33
    ·
    17 hours ago

    Elon Musk attributed some of Tesla’s struggles to “rapidly evolving trade policy” and “changing political sentiment.”

    Considering how much he paid to get trump in office…

    I feel like both those problems are things Elmo is personally responsible for

    • Pennomi@lemmy.world
      link
      fedilink
      English
      arrow-up
      7
      ·
      16 hours ago

      The public political sentiment never changed, Elon just decided to openly choose fascism. This is peak victim blaming.

        • Pennomi@lemmy.world
          link
          fedilink
          English
          arrow-up
          3
          ·
          13 hours ago

          No, Elon saying “changing political sentiment” as the reason Tesla is failing is victim blaming. He basically slapped us in the face and then told us that it’s OUR fault we won’t buy his cars any more.

          • P00ptart@lemmy.world
            link
            fedilink
            arrow-up
            3
            ·
            12 hours ago

            Ok, thanks for the clarification lol. I read that in a way that was like, alright even Elon would have a hard time convincing himself of this. My bad.

    • P00ptart@lemmy.world
      link
      fedilink
      arrow-up
      6
      arrow-down
      3
      ·
      14 hours ago

      When can we start vandalizing Tesla owners? 6 months? That should be fair right? If they bought a $100k + car, they should have the financial freedom to get rid of it by now, right? I’m done with the bumper stickers. That doesn’t save you anymore.

    • tux@feddit.it
      link
      fedilink
      arrow-up
      12
      ·
      16 hours ago

      If I read well, more than 100% of the profit was tax rebates, i.e. without government subsidies they would have lost money

      • iamnotafishuq@lemmy.zip
        link
        fedilink
        arrow-up
        4
        ·
        15 hours ago

        I wonder if their accounting is still showing the ones that Canada was refusing to pay out due to suspected fraud? Thinking they may get them back in court. If so, that could make it look even worse. Fingers crossed.