this post was submitted on 23 Apr 2025
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Economics

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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] 15 points 2 days ago

And there stocks price went up 7% today ...

If anyone still needs proof that financial speculation and stock valuations are as real as fairies, here you go.

[–] [email protected] 24 points 2 days ago (1 children)

If you but a Tesla, you are a Nazi collaborator.

[–] [email protected] 1 points 1 day ago* (last edited 1 day ago)

Technically correct. The best kind of correct.

But to clarify, the stigma doesn’t/shouldn’t extend to people with Teslas from the early days. If you happen to already own an old Tesla, don’t worry about it. You’ve suffered enough misfortune on account of that choice already.

I say this because I’ve seen few old ones around here with all the branding scraped off, and even saw these hubcaps dumped by a bin in a nearby public park late at night as if the Tesla owner didn’t want their neighbors to see:

tesla hubcaps dumped on the ground beside trash bin at Riverside Park close up showing logo of tesla hubcaps dumped on the ground beside trash bin at Riverside Park

If this is you, I just want to remind you that reasonable people can draw a distinction between EV early-adopters and the current Elon stans/nazis. Your old Tesla doesn’t make everyone think you’re a racist or whatever. So you don’t have to damage the resale value of your car [further than Elon has] just to convey your principles, and you don’t need to feel bad about supporting that company before everyone realized the CEO was such a douche canoe.

At the very least, I’m not judging you, and you won’t get keyed on my block.

Edit: but if you purchase one now, I am judging you, and not just your integrity but your mental acuity as well.

[–] [email protected] 20 points 2 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 2 days ago

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

[–] [email protected] 15 points 2 days ago

Bullying the bullies works. Keep it up!

[–] [email protected] 10 points 2 days ago (1 children)

Remember: it is your patriotic duty to vandalize Teslas.

[–] [email protected] 1 points 2 days ago

When can we start vandalizing Tesla owners? 6 months? That should be fair right? If they bought a $100k + car, they should have the financial freedom to get rid of it by now, right? I'm done with the bumper stickers. That doesn't save you anymore.

[–] [email protected] 9 points 2 days ago (1 children)

How much off their profit is tax credit related?

[–] [email protected] 12 points 2 days ago (1 children)

If I read well, more than 100% of the profit was tax rebates, i.e. without government subsidies they would have lost money

[–] [email protected] 5 points 2 days ago

Let's just kill them. That is the only way we take this back.

[–] [email protected] 2 points 2 days ago

As a special government employee, Musk has 130 days per calendar year to work for the federal government. That window is set to expire in late May.

[–] [email protected] 0 points 2 days ago

I love the taste of schadenfreude in the morning <Chef's kiss>