3mo ago

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

www.cnbc.com

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.

Enough Musk Spam @lemmy.world

cyrano @lemmy.dbzer0.com

3mo ago

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

www.cnbc.com /2025/04/22/tesla-tsla-earnings-report-q1-2025.html

74 comments

Only 20%? We can go so much lower!
- Yeah for real, wtf? Is the offset due to all of the pro Elon people or rich people buying them?
  
  would like to see per month, bet Jan was their normal, but Feb and Mar dropped lower and lower
  
  Isn't he trying to fast track govt Tesla contracts?
  That would keep him afloat even if no one bought the vehicles
- Haha I love that we all thought the same thing.
  The Nazi salute by Musk didn't sink this company?
  
  I mean... if Trump can mock a disabled person and publicly brag about sexually assaulting women, then play right out of Hitler's playbook, be impeached twice, and still be elected again, who knows?
  
  Even if musk resigns from the doge Nazi bullshit, this fascist has shown his true colours.
  Tesla can eat shit and go tits up. Fuck Tesla and fuck the share holders! I look at the current crop of shareholders as greedy Nazis.
  Bankrupt musk.
  
  Probably. The right isn’t going to go electric, not with Trump badmouthing them still. And the left is never touching that brand again.
  
  If you look at the TSLA stock, it's now roughly where it was 4 years ago.
  It's sinking, don't you worry
- I imagine things move slowly on global scales. Next quarter will probably be really bad.
- Minimum another 100% of what's left.
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 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.
- 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?
- The american media is going way out of their way to ignore that nazi salute.
  
  well if they could do it with Henry Ford...
  
  Excuse me... It was a hand motion that appeared to some observers to be consistent with a historical German sign of greeting and/or eugenics.
  /s
- Leon?
  That is way too cool a name for whiny Elmo, just call whiny Elmo by his name; whiny Elmo
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.
- They won't survive without musk. They're a hype company.
  They have decent infrastructure, but the car brand is as good as dead.
  They'll sell their charging infrastructure to ExxonMobil or something before 2028.
  
  Well that was a foregone conclusion when he fired the charging infrastructure team after snorting some bad ket.
  
  While I hate the guy with a passion, I think you're underestimating Musk.
  He has enough charisma and can-do mentality that, if he shuts up with his most blatant political bullshit and actually focuses on making better cars, Tesla will continue to grow massively.
  Like, if he goes to work on designing a few new models that fix the flaws in current Teslas, and adds an actual pickup to the lineup while pivoting the cyber truck to a limited-edition "meme" vehicle, they'll be pumping out cars like crazy.
  Edit: y'all seem to have amnesia and forget that, before his coming out as a nazi scumbag, a few years back there was no shortage of people ready to hail him as the second coming of Jesus...
Oh no! Anyway…
- You and me ... same page
Is that why he just lied about Tesla having cars that will deliver themselves? More insider trading?
- Nah, more musk lies, he does this every single event, has been lying about everything for the past decade. It's normal
- Look how honest his DOGE stats are.
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.
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.
- You're not even including splits are you?
  
  47 is adjusted for splits
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
- I'm sure Tesla will make the governments tariff exempt list
- All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
- That market is tanking hard, too
- 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/
  https://www.forbes.com/sites/jimgorzelany/2023/06/21/all-four-tesla-models-are-ranked-as-the-most-american-vehicles-for-2023/
  "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.
Yeah 20%
WINK
- ...let's go for a 3521% drop in revenue!..
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.
Let it burn! You get what you deserve.
Surprised it's only 20%. Who the f is buying it.
- Tesla profits are down 71% year-over-year, and the only reason they didn't actually lose money is due to some carbon credit shenanigans.
  
  They're being kept afloat by the government
- Gotta own the libs somehow I guess
grumpycat_good.jpg
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.
No worries. All our tax money is just going to have Donald golfing, Tesla Cyberstucks, and Space X.

74 comments