Tesla suffers worst quarter since 2022 as deliveries tumble
Tesla suffers worst quarter since 2022 as deliveries tumble
Shares rise on report Elon Musk to leave Trump administration
Worst quarter so far….
It's unlikely to be worse, especially if he's stepping down from DOGE as the rumors seem to be.
Even with all the hate, the new Model Y is now selling, there's going to be newer more affordable models coming out in a few months, which may sell poorly compared to their expectations, but would still boost numbers above a worst quarter situation.
Q1 has the Chinese new year as well, so future quarters will have a boost above Q1 until next Q1
Even the current status and then China alone with the new models could probably prevent a worse situation.
Numerous quarters / years not meeting expectations absolutely. Less deliveries and production than Q1, unlikely.
Personally I have nothing against the mission of Tesla itself. If the nazi moron leaves the helm and sells his shares then I still think there is something to be done there. But people are trying to vote him out however they can.
Idk if I'm in on their mission anymore. EVs are cool and the industry needed the kick in the pants and jump start that they gave, but now the company is a tech/AI/robot/cybertruck/2-seat-robotaxi company that doesn't make a ton of sense to me. EVs and solar panels and power walls all made sense, but what are they even doing now.
Fair point.
However for investors, without the hype-master, the shares are only worth 1/5 or 1/6 of their current value. Tesla was innovative 15-20 years ago. It has been severely sidetracked by Musk's ego.
The company that makes the most dangerous vehicles since the Pinto didn't do well? In addition to having South African Hitler as their CEO? I'm shocked.
Wait until people try to take them through the warranty voiding car wash.