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Tesla Earnings Miss. All Eyes On Elon Musk's Conference Call (www.investors.com)

submitted 10 months ago by Bell@lemmy.world to c/teslainvestorsclub@lemmy.world

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Tesla (TSLA) announced worse-than-expected first-quarter earnings and revenue late Tuesday. Shares of TSLA were little changed in after-hours trade as investors await Chief Executive Elon Musk's comments on the conference call and the "company update."

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[–] Bell@lemmy.world 1 points 10 months ago (1 children)

Most important bit IMHO: "Chief Executive Elon Musk kicked off the Q1 earnings call discussing his work at DOGE for President Donald Trump. "Starting next month, in May, my time allocation to DOGE will drop significantly."

"Starting next month I will be allocating far more of my time to Tesla," Musk said.

But he still expects to work a day or two a week on government work, as long as President Trump wants him, perhaps throughout Trump's term."

[–] surewhynotlem@lemmy.world 5 points 10 months ago (1 children)

"Starting next month I will be allocating far more of my time to Tesla," Musk said.

I cannot fathom why the market would consider this a good thing.

[–] AwesomeLowlander@sh.itjust.works 2 points 10 months ago (1 children)

He'll induce a lot less rage in their core demographic

[–] mutual_ayed@sh.itjust.works 2 points 10 months ago (1 children)

TBH that ship may have passed

[–] Bell@lemmy.world 2 points 10 months ago

He has seriously alienated alot of people, maybe as much as 20% might refuse to consider Tesla now solely because of the DOGE insanity.