Elon Musk, CEO of Tesla, said he would be spending less time with the Trump administration after first-quarter earnings fell short of expectations.

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.
  • givesomefucks@lemmy.worldEnglish
    33·
    18 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.worldEnglish
      7·
      17 hours ago

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

        • Pennomi@lemmy.worldEnglish
          3·
          14 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
            3·
            14 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.