this post was submitted on 21 Apr 2025
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Image is sourced from this Guardian article.


The Pope's fucking dead.

He gave JD Vance three chocolate easter eggs, exchanged pleasantries for 17 minutes, and then keeled over and died.

What a way to go.


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[–] Lovely_sombrero@hexbear.net 61 points 20 hours ago* (last edited 20 hours ago) (2 children)

TSLA 2025Q1 results are out. Keep in mind that "estimated" comes from Tesla-friendly analysts who waited until the last two weeks before the earnings to suddenly drop their estimates, making Tesla look closer to estimates than it was not so long ago. Even so, results are not good. And this is before all the tariff stuff that should seriously hit Tesla's energy business, since they import the majority of the cells and solar panels for their battery storage and solar division.

Earnings per share adjusted: 27 cents vs. 43 cents estimated

EPS: 12 cents vs 34 cents y/y

Revenue: $19.34 billion vs. $21.11 billion estimated

Automotive revenue dropped 20% to $14 billion from $17.4 billion in the same period last year.

Earlier this month, Tesla reported a 13% decline in deliveries to 336,681.

They "achieved" $660 million in free cash flow, but their accounts payable are up by $1 billion (despite lower production), this means that they are probably delaying payments to their suppliers until the end of the quarter to make this quarter look better. Despite the fact that Tesla is supposedly developing all this new stuff - robotaxis, FSD, autonomous robots and so on, their capital expenditures are down by like 50%. It looks like they are already trying to conserve spending.

[edit] Naturally, the stock is up by 0.5% on this terrible news. The Tesla piggies are going for the worst price/earnings ratio in history.

[–] CleverOleg@hexbear.net 1 points 3 hours ago* (last edited 3 hours ago) (1 children)

I used to work in investor relations and was directly involved in preparing financial statements like these. Tesla’s results are shockingly bad and the fact that the stock price went up so much after market means either the analysts were way off in their estimates (and the market factored in an incredibly bad quarter before yesterday) or there’s straight up manipulation going on.

But I love that factoid on payables. If you really want to know what’s going on with a company (or an economy for that matter), look at the balance sheet, not the P&L.

[–] spectre@hexbear.net 2 points 3 hours ago

Do you think you can tell "enough" from the figures on the public statements? I always kinda felt like those numbers contained too little data and could be manipulated. Would appreciate your insight about that sorry of thing.

[–] miz@hexbear.net 12 points 14 hours ago

closed the day up 4.6%

the hogs must be fattened