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.
top 50 comments
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[–] henfredemars@infosec.pub 172 points 10 months ago (4 children)

Only 20%? We can go so much lower!

[–] SendMePhotos@lemmy.world 45 points 10 months ago (2 children)

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

[–] expatriado@lemmy.world 31 points 10 months ago* (last edited 10 months 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 40 points 10 months ago (1 children)
[–] skvlp@lemm.ee 18 points 10 months ago
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[–] VitoRobles@lemmy.today 27 points 10 months 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 53 points 10 months ago (1 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?

[–] Shiggles@sh.itjust.works 9 points 10 months ago (1 children)

The people that voted for trump don’t buy EVs tho

[–] AFKBRBChocolate@lemmy.world 7 points 10 months ago

Cybertruck might be an exception. I'm surprised Musk hasn't made a version of the Cybertruck that can roll coal.

[–] wirebeads@lemmy.ca 16 points 10 months 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.

[–] 9point6@lemmy.world 11 points 10 months ago

If you look at the TSLA stock, it's now roughly where it was 4 years ago.

It's sinking, don't you worry

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[–] rauls4@lemm.ee 113 points 10 months 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.

[–] mosiacmango@lemm.ee 44 points 10 months 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 10 months ago (1 children)

Well… Then they all go down with the ship.

[–] Cavemanfreak@lemm.ee 6 points 10 months 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 10 months ago (1 children)

Media outlets are not your friend.

[–] ByteJunk@lemmy.world 6 points 10 months ago

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

[–] someguy3@lemmy.world 11 points 10 months ago (1 children)

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

[–] ikidd@lemmy.world 8 points 10 months ago

present at Nazi rallies.

Isn't that just a Tesla board meeting?

[–] melsaskca@lemmy.ca 9 points 10 months ago (3 children)

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

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[–] phoenixz@lemmy.ca 6 points 10 months ago

Leon?

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

[–] ExtremeDullard@lemmy.sdf.org 51 points 10 months ago* (last edited 10 months 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 10 months ago (7 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 10 months 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 38 points 10 months ago (1 children)
[–] PattyMcB@lemmy.world 6 points 10 months ago

You and me ... same page

[–] tacosanonymous@lemm.ee 34 points 10 months ago (2 children)

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

[–] phoenixz@lemmy.ca 23 points 10 months ago

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

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[–] BigMikeInAustin@lemmy.world 25 points 10 months 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.

[–] MrMakabar@slrpnk.net 24 points 10 months ago (2 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.

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[–] w3dd1e@lemm.ee 20 points 10 months ago (1 children)

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

[–] hobovision@lemm.ee 9 points 10 months ago

This result has probably been priced in since it hit the current floor in March. The bump after the report is likely because there were no bombshells in it. They're saying they're still on track for all the vaporware that the valuation is based on. It will drop again when they're inevitably delayed and it becomes clear the robots and AI taxis aren't revolutionary but just exactly what other companies already beat them to.

[–] aramova@infosec.pub 18 points 10 months ago
[–] MrNesser@lemmy.world 14 points 10 months ago (7 children)

Isn't most of Tesla made in countries other than the US?

Tariffs are going to hit bad

[–] badbrainstorm@lemmy.world 20 points 10 months ago

I'm sure Tesla will make the governments tariff exempt list

[–] bitchkat@lemmy.world 10 points 10 months ago

All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.

[–] PattyMcB@lemmy.world 9 points 10 months ago* (last edited 10 months ago)

That market is tanking hard, too

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[–] PattyMcB@lemmy.world 14 points 10 months ago

"Trump was right about everything"

Nice hat fElon, you fucking moron

[–] homesweethomeMrL@lemmy.world 13 points 10 months ago (1 children)
[–] Formfiller@lemmy.world 12 points 10 months ago
[–] kikutwo@lemmy.world 11 points 10 months ago (2 children)

Nobody wants an S that's been basically unchanged for a decade?

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[–] ABetterTomorrow@lemm.ee 11 points 10 months ago

Let it burn! You get what you deserve.

[–] GoodOleAmerika@lemmy.world 7 points 10 months ago (2 children)

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

[–] witten@lemmy.world 6 points 10 months 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 5 points 10 months ago

They're being kept afloat by the government

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[–] Vanilla_PuddinFudge@infosec.pub 5 points 10 months ago

grumpycat_good.jpg

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