Economics

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submitted 5 days ago by [email protected] to c/[email protected]

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Key Points

Tesla's Q1 2025 earnings showed a 71% drop in net income and a 9% decline in revenue.
Elon Musk attributed some of Tesla's struggles to "rapidly evolving trade policy" and "changing political sentiment."
Analysts express concerns about near-term uncertainty for Tesla, linking the company's future to Musk's involvement with the White House.

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[–] [email protected] 20 points 5 days ago (1 children)

9% decline in revenue.

Those are rookie numbers. We gotta pump those numbers up!

Seriously though, we need to be forcing a 71% drop in gross revenue, not just profit. A 71% drop in profit is not the same as a loss.

[–] [email protected] 5 points 5 days ago

They were in the red for years. Would be cool to see losses in the billions.