this post was submitted on 22 Apr 2025
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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.
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[–] Formfiller@lemmy.world 12 points 23 hours ago
[–] j0ester@lemmy.world 2 points 16 hours ago

No worries. All our tax money is just going to have Donald golfing, Tesla Cyberstucks, and Space X.

[–] GoodOleAmerika@lemmy.world 7 points 23 hours ago (2 children)

Surprised it's only 20%. Who the f is buying it.

[–] witten@lemmy.world 6 points 19 hours ago (1 children)

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.

[–] ovalofsand@lemmy.world 4 points 18 hours ago

They're being kept afloat by the government

[–] Baggie@lemmy.zip 4 points 22 hours ago

Gotta own the libs somehow I guess

[–] MrMakabar@slrpnk.net 23 points 1 day ago (1 children)

Tesla stock was at $144 a year ago and is at $253 today. 5 years ago it was at $47. With income at $0.12 per share it is not like any of those are even close to reality. However they are what needs to fall to kill the Elon.

[–] Jakeroxs@sh.itjust.works 1 points 1 day ago (1 children)

You're not even including splits are you?

[–] SkaveRat@discuss.tchncs.de 5 points 21 hours ago

47 is adjusted for splits

[–] henfredemars@infosec.pub 170 points 2 days ago (4 children)

Only 20%? We can go so much lower!

[–] GaMEChld@lemmy.world 1 points 22 hours ago

I imagine things move slowly on global scales. Next quarter will probably be really bad.

[–] GoodOleAmerika@lemmy.world 1 points 23 hours ago

Minimum another 100% of what's left.

[–] SendMePhotos@lemmy.world 45 points 2 days ago (2 children)

Yeah for real, wtf? Is the offset due to all of the pro Elon people or rich people buying them?

[–] bitwolf@sh.itjust.works 2 points 1 day ago

Isn't he trying to fast track govt Tesla contracts?

That would keep him afloat even if no one bought the vehicles

[–] expatriado@lemmy.world 31 points 2 days ago* (last edited 2 days ago) (1 children)

would like to see per month, bet Jan was their normal, but Feb and Mar dropped lower and lower

[–] danc4498@lemmy.world 38 points 2 days ago (1 children)
[–] skvlp@lemm.ee 18 points 2 days ago
[–] VitoRobles@lemmy.today 25 points 2 days ago (4 children)

Haha I love that we all thought the same thing.

The Nazi salute by Musk didn't sink this company?

[–] PattyMcB@lemmy.world 52 points 2 days ago (2 children)

I mean... if Trump can mock a disabled person and publicly brag about sexually assaulting women, then play right out of Hitler's playbook, be impeached twice, and still be elected again, who knows?

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[–] wirebeads@lemmy.ca 16 points 2 days ago

Even if musk resigns from the doge Nazi bullshit, this fascist has shown his true colours.

Tesla can eat shit and go tits up. Fuck Tesla and fuck the share holders! I look at the current crop of shareholders as greedy Nazis.

Bankrupt musk.

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[–] rauls4@lemm.ee 112 points 2 days ago (6 children)

I find it hilarious that most media outlets blame the fall on Leon not being present at Tesla, when it’s his very existence that has caused things to plummet. The last thing he should do is return to Tesla. The board should fire his ass and try to rebuild what’s left of the brand.

[–] phoenixz@lemmy.ca 6 points 1 day ago

Leon?

That is way too cool a name for whiny Elmo, just call whiny Elmo by his name; whiny Elmo

[–] melsaskca@lemmy.ca 9 points 1 day ago (2 children)

The american media is going way out of their way to ignore that nazi salute.

[–] witten@lemmy.world 2 points 19 hours ago (1 children)

Excuse me... It was a hand motion that appeared to some observers to be consistent with a historical German sign of greeting and/or eugenics.

/s

[–] melsaskca@lemmy.ca 1 points 14 hours ago

I did "not see" that.

[–] funkless_eck@sh.itjust.works 4 points 1 day ago

well if they could do it with Henry Ford...

They'll never do that because 95% of the company's value is based on Elon's hype and bs. If it was valued like the normal car company it is, the share price would be maybe $10

[–] mosiacmango@lemm.ee 44 points 1 day ago (1 children)

The board is his brother and a bunch of conservatives. He hand picked them.

They ain't firing anyone.

[–] rauls4@lemm.ee 15 points 1 day ago (1 children)

Well… Then they all go down with the ship.

[–] Cavemanfreak@lemm.ee 6 points 1 day ago

Iirc basically all the board members and higher ups that get stock sell it off as soon as they get it. None of them have bought more for quite a while. So unfortunately it seems like they'll float on.

[–] homesweethomeMrL@lemmy.world 12 points 2 days ago (1 children)

Media outlets are not your friend.

[–] ByteJunk@lemmy.world 6 points 1 day ago

They're like human resources in that regard...

[–] someguy3@lemmy.world 11 points 2 days ago (1 children)

Well... If he was present at Tesla he wouldn't be present at Nazi rallies.

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[–] tacosanonymous@lemm.ee 34 points 2 days ago (2 children)

Is that why he just lied about Tesla having cars that will deliver themselves? More insider trading?

[–] RestrictedAccount@lemmy.world 1 points 20 hours ago

Look how honest his DOGE stats are.

[–] phoenixz@lemmy.ca 23 points 1 day ago

Nah, more musk lies, he does this every single event, has been lying about everything for the past decade. It's normal

[–] ExtremeDullard@lemmy.sdf.org 52 points 2 days ago* (last edited 2 days ago) (1 children)

Tesla is never going to recover from the Musk effect. They have to convince Musk to fully divest to slowly convince would-be buyers that they won't give their money to an ultra-billionnaire neo-Nazi when they buy a Tesla vehicle.

[–] foggy@lemmy.world 32 points 2 days ago (6 children)

They won't survive without musk. They're a hype company.

They have decent infrastructure, but the car brand is as good as dead.

They'll sell their charging infrastructure to ExxonMobil or something before 2028.

[–] homesweethomeMrL@lemmy.world 13 points 2 days ago

Well that was a foregone conclusion when he fired the charging infrastructure team after snorting some bad ket.

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[–] HexPat@lemm.ee 37 points 2 days ago (1 children)
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[–] BigMikeInAustin@lemmy.world 25 points 2 days ago

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.

[–] w3dd1e@lemm.ee 20 points 2 days ago (1 children)

And yet the stock is up in after hours trading. So fucking dumb

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[–] homesweethomeMrL@lemmy.world 13 points 2 days ago (1 children)
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[–] aramova@infosec.pub 19 points 2 days ago

grumpycat_good.jpg

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