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.
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.
grumpycat_good.jpg
Is that why he just lied about Tesla having cars that will deliver themselves? More insider trading?
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.
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
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?
Yeah 20%
WINK
...let's go for a 3521% drop in revenue!..
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.
Oh no! Anyway…
You and me ... same page
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.
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.
Only 20%?
"Trump was right about everything"
Nice hat fElon, you fucking moron
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.
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.
I'm sure Tesla will make the governments tariff exempt list
That market is tanking hard, too
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/
Wow that's a pretty damning review.
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.