- cross-posted to:
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- cross-posted to:
- [email protected]
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.
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No worries. All our tax money is just going to have Donald golfing, Tesla Cyberstucks, and Space X.
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
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
grumpycat_good.jpg
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
Yeah 20%
WINK
…let’s go for a 3521% drop in revenue!..
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.
Leon?
That is way too cool a name for whiny Elmo, just call whiny Elmo by his name; whiny Elmo
The american media is going way out of their way to ignore that nazi salute.
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
well if they could do it with Henry Ford…
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
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.
Iirc basically all the board members and higher ups that get stock sell it off as soon as they get it. None of them have bought more for quite a while. So unfortunately it seems like they’ll float on.
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 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.
Only 20%?
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.
“Trump was right about everything”
Nice hat fElon, you fucking moron
Let it burn! You get what you deserve.
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/
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.
