this post was submitted on 26 Apr 2025
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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.

(page 2) 50 comments
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[–] AngrySquirrel@lemm.ee 11 points 1 year ago (1 children)

Has he considered suicide?

[–] Fedizen@lemmy.world 6 points 1 year ago

It did wonders for hitler's image.

[–] spooky2092@lemmy.blahaj.zone 9 points 1 year ago (3 children)

I'm curious what's going to happen if banks start calling Leon's loans since Tesla stock isn't going to be enough to cover his loans at some point, probably pretty soon.

[–] Tja@programming.dev 7 points 1 year ago

That's not how loans against stock work. If the share price reach a threshold the shares are automatically sold to cover the loan.

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[–] blakenong@lemmings.world 9 points 1 year ago (5 children)

Bezos car company is a lot more practical. I just wish it wasn’t bezos.

[–] Ghostalmedia@lemmy.world 7 points 1 year ago (1 children)

He also threw a bunch of money into Rivian. He’s basically investing in companies that can make a a delivery truck that is cheaper to run and maintain.

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[–] Fedizen@lemmy.world 9 points 1 year ago* (last edited 1 year ago)

Elon musk, resign bitch.

His real decision is going to be suing everyone that doesn't buy a tesla.

[–] GoodOleAmerika@lemmy.world 7 points 1 year ago

Bail out and never come back. Only way else Tesla is done.

Did he try to carry a sink into Tesla?

[–] altphoto@lemmy.today 6 points 1 year ago

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?

[–] elgordino@fedia.io 6 points 1 year ago

Maybe if that $56bn bonus goes through he’ll think of something. Heh.

[–] Olhonestjim@lemmy.world 6 points 1 year ago* (last edited 1 year ago) (2 children)

But you guys, Henry Ford liked Hitler toooooo!

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[–] bwf93@lemmy.world 5 points 1 year ago (1 children)
[–] djsp@feddit.org 4 points 1 year ago (1 children)

Wouldn't it be the other way around? I think Musk would rather have TSLA ~~bagholders~~ shareholders 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.

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[–] theotherbelow@lemmynsfw.com 5 points 1 year ago

Sorry bud, EVs were championed by reasonable people with stable government jobs. You fired them yourself congratulations you are your own worst enemy.

[–] Naevermix@lemmy.world 5 points 1 year ago

Elon's entire career is about creating hype with the help of his loyal sycophants and then profiting off it.

[–] frezik@midwest.social 4 points 1 year ago

He could divest himself from the company.

[–] aesthelete@lemmy.world 4 points 1 year ago

Maybe you could just make like a tree and leave?

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