Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates
Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates
Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.
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.
You're viewing a single thread.
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.
The american media is going way out of their way to ignore that nazi salute.
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
The board is his brother and a bunch of conservatives. He hand picked them.
They ain't firing anyone.
Well… Then they all go down with the ship.
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.
Media outlets are not your friend.
They're like human resources in that regard...
Well... If he was present at Tesla he wouldn't be present at Nazi rallies.
present at Nazi rallies.
Isn't that just a Tesla board meeting?