this post was submitted on 29 Jan 2026
186 points (98.9% liked)

News

34735 readers
3014 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Tesla's profit dropped 46% year over year, the company revealed in its earnings update Wednesday evening.

That was not exactly a surprise


in fact, it was better than most analysts had expected. Tesla had already reported sales for the quarter, which showed the continuation of a slump that stretched through much of the year. More revenue from other parts of the company, like a growing energy storage business, haven't made up for the fact that Tesla's not selling as many cars as it used to.

Tesla, once the undisputed global leader in electric vehicle sales, has lost that crown as its brand reputation has soured and competition


particularly from China


has grown more intense.

top 25 comments
sorted by: hot top controversial new old
[–] resipsaloquitur@lemmy.world 6 points 13 hours ago (1 children)

Um actually, so the, so the thing is, with that, is that, um, Tesla isn’t even actually a car company anymore. It’s actually, um, I wouldn’t call it robotics, because “robotics” is too primitive a term to describe it — I’d say Tesla is in the business of transcending physical and digital space using AGI.

Now let me waffle on for half an hour about Mars.

[–] CharlesDarwin@lemmy.world 2 points 8 hours ago

I think I saw him throw out the "5 years" timeline for something like just the other day when I dropped in to see what kind of nonsense he was spewing.

"Five years" is basically his version of chomo-in-chief's "two weeks".

I think thunderf00t has been showing this for quite some time....

[–] thefluffiest@feddit.nl 12 points 16 hours ago
[–] MushuChupacabra@piefed.world 34 points 21 hours ago (1 children)

Quick, give the CEO billions of dollars in bonus pay!

[–] atzanteol@sh.itjust.works 14 points 20 hours ago
[–] dermanus@lemmy.ca 21 points 21 hours ago (2 children)

And yet, their stock went up. It's mind boggling

[–] Thedogdrinkscoffee@lemmy.ca 11 points 19 hours ago (1 children)

The market can stay irrational longer than you can stay solvent.

Or

Pricing at the margins.

[–] Cheems@lemmy.world 1 points 11 hours ago

At some point it'll crash.

[–] HumanOnEarth@lemmy.ca 10 points 20 hours ago (2 children)

You aren't interested in an autonomous humanoid robot inside your house built by a demonstrably evil person?

[–] lemmy_outta_here@lemmy.world 3 points 15 hours ago

Well, the robot ships in 2027. ‘Full autonomy’ will be released in 10 years or so when the software improves to the point that it works 90% of the time. Until then, you have to pose it.

[–] Toto@lemmy.world 2 points 20 hours ago

Gonn ask my self driving Tesla to go pick one up because if Mush says it’ll happen, it’ll happen!

[–] CharlesDarwin@lemmy.world 14 points 20 hours ago (3 children)

How the fuck is their stock price still so high?

[–] neidu3@sh.itjust.works 7 points 16 hours ago

By successfully distracting the investors from the fact that they're essentially a car company failing to sell cars.

"Robots soon! And they'll travel to mars! SpaceX partnership!"

[–] RagingRobot@lemmy.world 12 points 20 hours ago

Everything is a scam.

[–] BarneyPiccolo@lemmy.today 1 points 12 hours ago

Lots of institutional investment accounts, with lots of Tesla stock. They rode it all the way up, but as it slowly slides, they'll start dropping it, until they all finally jump ship, and it crashes.

[–] ProfThadBach@lemmy.world 6 points 17 hours ago (1 children)

But yet the stock is over 420 bucks. This shit is as much a meme stock as Game Stop.

[–] brucethemoose@lemmy.world 1 points 17 hours ago

Always has been.

[–] gedaliyah@lemmy.world 15 points 22 hours ago

Or as Trump would say, they've gone down 800%, 1400%, 1500%

[–] BarneyPiccolo@lemmy.today 1 points 12 hours ago

Bankrupt in 2 years.

[–] uberdroog@lemmy.world 11 points 21 hours ago

Same as Target...didn't actually consider who their audience was...

[–] ThePowerOfGeek@lemmy.world 9 points 21 hours ago

Wow. We did Nazi that coming.

[–] etchinghillside@reddthat.com 4 points 21 hours ago

Robot army is the new meta

[–] JiveTurkey@lemmy.world 3 points 21 hours ago (1 children)

Let's not stop there. Keep it up.

[–] Bustedknuckles@lemmy.world 3 points 20 hours ago

Send it down

[–] DarrinBrunner@lemmy.world 2 points 21 hours ago

And, here I thought we were going to go all month without some good news.