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.
Surprised it’s only 20%. Who the f is buying it.
Gotta own the libs somehow I guess
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.
They’re being kept afloat by the government
Let it burn! You get what you deserve.
Nobody wants an S that’s been basically unchanged for a decade?
And apparently the “new” Model Y is even worse than the old one. That’s their bread and butter.
https://www.carmagazine.co.uk/car-reviews/tesla/model-y-suv/
Only 20%?
grumpycat_good.jpg
“Trump was right about everything”
Nice hat fElon, you fucking moron
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.
You’re not even including splits are you?
47 is adjusted for splits
And yet the stock is up in after hours trading. So fucking dumb
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.
Yeah 20%
WINK
…let’s go for a 3521% drop in revenue!..
The stock is pretty flat despite the bump over the winter. It’s approximately the same as it was last fall. Can’t believe it went up relative to Muskrat’s involvement in politics.
Well, it’s not a real stock.
Is that why he just lied about Tesla having cars that will deliver themselves? More insider trading?
Nah, more musk lies, he does this every single event, has been lying about everything for the past decade. It’s normal
Only 20%? We can go so much lower!
Haha I love that we all thought the same thing.
The Nazi salute by Musk didn’t sink this company?
If you look at the TSLA stock, it’s now roughly where it was 4 years ago.
It’s sinking, don’t you worry
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.
Probably. The right isn’t going to go electric, not with Trump badmouthing them still. And the left is never touching that brand again.
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?
The people that voted for trump don’t buy EVs tho
Cybertruck might be an exception. I’m surprised Musk hasn’t made a version of the Cybertruck that can roll coal.
Yeah for real, wtf? Is the offset due to all of the pro Elon people or rich people buying them?
would like to see per month, bet Jan was their normal, but Feb and Mar dropped lower and lower
Q2 gonna be spicy.
🤞
Isn’t he trying to fast track govt Tesla contracts?
That would keep him afloat even if no one bought the vehicles
Oh no! Anyway…
You and me … same page
Isn’t most of Tesla made in countries other than the US?
Tariffs are going to hit bad
Tealas are the most American made car multiple years running.
On the earnings call they said something like 85% of the parts also come from North America which is far greater than other OEMs.
That market is tanking hard, too
All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
Quite the opposite
https://eu.usatoday.com/story/money/2025/03/31/top-10-most-american-cars/82739892007/
“All cars source at least some parts internationally, but some are more “American” than others. Cars.com’s American-Made Index ranks the “most American” cars and one brand has topped the list consistently for the last several years: Tesla.”
That is an actual suprise I would have assumed most of the tech was built overseas and shipped.
The story goes that when Tesla was new, no one wanted to work with them since new auto companies generally fail, and it was EVs at that. Additionally, there wasn’t a supply chain to support EVs either.
So in addition to setting up new supply chains (which did involve overseas stuff) they ended up making a lot of their own things, becoming very vertically integrated from the start. That learning to support themselves has persisted ever since.
They were always pretty focused on keeping the supply chain as local as possible as that reduces all the shipping costs. There are actually parts you could buy overseas for $X but when you look at the life cycle of that object it’s actually gone around the world many times before it becomes what you want. You can save a lot of money if you find a way to avoid that. That could for example involve finding a raw material company locally, and then convincing a local manufacturing company to build this new thing for you using raw materials from the other local company. It’s not simply oh we just find someone already making this existing thing in USA instead of China (but it can be that too), it’s actually putting the supply chain and manufacturing capacity together so it becomes local.
It’s probably one of the biggest reasons why they make more money on their EVs than others.
They’ve literally built a lithium refining facility as an example of the level of vertical integration they have. They plan to extract their own lithium in the future (they own land in Nevada with it), refine it themselves (this year), they build their own cathode, and put it into their own battery cells.
I’m sure Tesla will make the governments tariff exempt list
