Summary
Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%.
Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues.
Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter.
Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.
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That’s fine. Tesla was always a meme stock with no substance anyway.
Better CEO choice than Elon Musk.
If your CEO is a Nazi. How many Nazi CEOs do you have?
Who cares. Tesla is run by a Nazi. It doesn’t deserve to survive. Musk doesn’t give a shit about the environment or saving it. He only cares about his bank balance.
🖕Musk 🖕Tesla 🖕Nazis
He’s gonna sell Teslas… ON MARS! Definitely start in 5 years. Space-X will launch them!
Even if one of his ideas were to apologize for the nazi salute I think the “saving Tesla” ship has sailed.
I did nazi that one coming…
c/angryupvote material right here
🙄👏
He’s tried nothing and Is all out ideas.
Is It Elon that is wrong? No it must be the consumers!
Does negging his customers count as an idea?
He threw Sieg Heils and is now out of ideas
Ok, hear me out, maybe what he needs is lots more sieg heils? It worked for that mustache dude 70ish years ago, hitler.
If hitler had given up after just 2 sieg heils then not many people would know his name. Come on, Muskrat, show some belief in yourself!!
Has he tried selling it to his AI business tohide the losses like he did Twitter?
The last idea he had for Tesla was by shitting out the cybertruck.
Sorry bud, EVs were championed by reasonable people with stable government jobs. You fired them yourself congratulations you are your own worst enemy.
xAI will bail tesla out.
Wouldn’t it be the other way around? I think Musk would rather have TSLA
bagholdersshareholders prop up his private companies, of which he likely owns a higher percentage than Tesla. The pitch could be that xAI has what Tesla needs for some of the vaporware he keeps promising and that Tesla should therefore acquire xAI.The new model xXx42069xXx will come equipped fully loaded with uh an ai mascot. It can’t drive or anything but it can insult your driving and blast the N word when it see’s them on the camera feed.
one thing to consider is that tesla does not make its money by selling cars, but by selling carbon credits to other companies
I may be misunderstanding, but don’t they have to sell cars to have the carbon credits to sell? So tanked sales = fewer credits.
It’s a major part of their profit margin, but even with their decline this quarter, they’d eek out a profit without it.
https://carboncredits.com/teslas-carbon-credit-revenue-soars-to-2-76-billion-amid-profit-drop/
In Q4 2024 alone, Tesla earned $692 million from selling regulatory credits or carbon credits, accounting for nearly 30% of its quarterly net income of $2.33 billion.
At least for now, they’re keeping their financial head above water even without carbon credits. Of course, no business would willingly throw away 30% of its net income.
The big thing for them is that those credits are free profit. Other car companies have to buy them to make up for their ICE cars. Tesla doesn’t sell a single ICE car, so everything they make comes with a credit. Mind you, as the market transitions away from ICE, those will naturally evaporate from the company’s ledger.
I agree with your comment, but FYI:
they’d eek out a profit
eke
- to make (a living) or support (existence) laboriously:
- to eke out an income with odd jobs.
In the case of Tesla, I think “eek” out a profit is acceptable. Because it’s scary what it is paying for.
Do you have a source on this?
From the people who brought to you the Tesla X!
Doxing viewing surfaces! That’s right! The new Tesla tells you which cars are expensive enough to drive next to you. The rear view mirrors show you if someone is Mexican or black so you can drive faster or cut them off. Extremely useful features.
He hasn’t shot any migrants from his window in the morning. Maybe shoot migrants from your window? I don’t known, that’s the part I remember most about Schindler’s list.
That could boost sales right?
One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.
The logic to support the price is:
Your are not buying the current company, you are buying the cool stuff Elon is making in the future.
Without that leap of faith, the price has to collapse. There is no way an electric car company will ever support even the current stock price.
There will be a tremendous amount of copium ingested before gravity hits, but the bigger fool theory will have its way.
I wonder how many people have gone broke trying to short Tesla. It just doesn’t make sense, but apparently the market has an infinite ability to be irrational.
Textbook example of “The market can stay irrational longer than you can stay solvent.”
One thing that must be made clear to casual observers is that the Tesla stock price is still batshit crazy high.
Earnings report is really bad … stock price surges! Make it make sense.
