KEY POINTS
- Tesla missed on the top and bottom lines in its first-quarter earnings report.
- Automotive revenue plunged 20% from a year earlier.
- The stock, down 41% so far this year, was little changed in extended trading.
Elon had to stop the regulatory investigations into him. He had to keep himself out of jail. We wanted to secure more government contracts to tower projects.
Tesla was a means to an end for Elon, and Elon doesn’t care at all about anyone except himself.
And Elon took care of anyone in the government who could enforce the rules that were supposed to enforce procedures with stock and loans.
“Trump was right about everything”
Nice hat fElon, you fucking moron
Yeah 20%
WINK
Isn’t most of Tesla made in countries other than the US?
Tariffs are going to hit bad
I’m sure Tesla will make the governments tariff exempt list
That market is tanking hard, too
All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
Tealas are the most American made car multiple years running.
On the earnings call they said something like 85% of the parts also come from North America which is far greater than other OEMs.
Nobody wants an S that’s been basically unchanged for a decade?
Surprised it’s only 20%. Who the f is buying it.
Tesla profits are down 71% year-over-year, and the only reason they didn’t actually lose money is due to some carbon credit shenanigans.
They’re being kept afloat by the government
The stock is pretty flat despite the bump over the winter. It’s approximately the same as it was last fall. Can’t believe it went up relative to Muskrat’s involvement in politics.
Well, it’s not a real stock.
No worries. All our tax money is just going to have Donald golfing, Tesla Cyberstucks, and Space X.
