this post was submitted on 26 Apr 2025
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Summary

Tesla reported its worst quarterly results in four years, with Q1 income down 71% and EV sales falling 13%.

Elon Musk vowed to refocus on Tesla amid backlash over his political role in the Trump Administration’s DOGE program, but analysts doubt his return will fix worsening issues.

Tesla faces eroding market share, failed products like the Cybertruck, and a coming 145% tariff on imported Chinese battery cells set to hammer the company’s battery pack business, one of the only bright spots last quarter.

Musk’s pivot to robotaxis and humanoid robots lacks credibility, and critics say Tesla has no compelling new EVs to revive growth.

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[–] Olhonestjim@lemmy.world 7 points 2 hours ago

One thing that might help is to stop carrying around that human shield. Just a matter of time after that.

[–] Olhonestjim@lemmy.world 5 points 2 hours ago* (last edited 47 minutes ago) (2 children)

But you guys, Henry Ford liked Hitler toooooo!

[–] Fridgeratr@lemmy.dbzer0.com 1 points 24 minutes ago

Yep. Henry was a pretty big piece of shit outside of his innovations

[–] Treetrimmer@sh.itjust.works 2 points 1 hour ago

Yeah that's why all car companies and new cars, large vehicles etc should be boycotted.

[–] altphoto@lemmy.today 2 points 2 hours ago

From the people who brought to you the Tesla X!

Doxing viewing surfaces! That's right! The new Tesla tells you which cars are expensive enough to drive next to you. The rear view mirrors show you if someone is Mexican or black so you can drive faster or cut them off. Extremely useful features.

[–] Naevermix@lemmy.world 5 points 3 hours ago

Elon's entire career is about creating hype with the help of his loyal sycophants and then profiting off it.

[–] el_bhm@lemm.ee 12 points 4 hours ago

He should try the Nazi salut. 3rd resets the counter.

[–] Fedizen@lemmy.world 9 points 4 hours ago* (last edited 4 hours ago)

Elon musk, resign bitch.

His real decision is going to be suing everyone that doesn't buy a tesla.

[–] bluegreenwookie@bookwormstory.social 16 points 9 hours ago (3 children)

There is only 1 way to save that business and thats for elon to get rid of it.

Nobody is going to forget whats he's done or the fact that he is a nazi.

[–] SpruceBringsteen@lemmy.world 7 points 2 hours ago

Their official stance has long been Elon is Tesla. Fuck them.

[–] AA5B@lemmy.world 8 points 3 hours ago

That may no longer be enough. It won’t matter if people no longer boycott them but

  • huge money loss in Cybertruck
  • investment in robotaxi won’t pan out for years, if ever
  • in US, batteries are mostly from overseas and heavily tariffed
  • all the US protectionism won’t be enough if they lose China and European markets
  • other companies are finally catching up, while they wasted their efforts
  • semi has potential, but that’s a very conservative market and environmental regulations are getting rolled back so there’s no longer that push

There’s going to be blood at that company. A huge reset, in addition to musk leaving, is what they need

[–] glitch1985@lemmy.world 10 points 3 hours ago

I think Tesla as a whole is done unfortunately. People aren't going to forget all this BS the board of directors has allowed him to do.

[–] Taleya@aussie.zone 28 points 17 hours ago

Again i ask: have you tried not being a nazi bastard?

I mean the option's right there.

[–] orcrist@lemm.ee 10 points 14 hours ago

The tag is a lie -- he says he's dialing down on DOGE but we all know it is untrue -- but fortunately the authors clearly call bullshit on that claim in the middle of the article.

[–] flop_leash_973@lemmy.world 23 points 18 hours ago

Burning your good will with your primary customer base by throwing your weight behind a political group full of the worst of society that has the public support of the statistically poorest in society wasn't a great long term plan?

Shocking, well not that shocking.

[–] vodkasolution@feddit.it 13 points 16 hours ago (1 children)

What about creating a new model, the Tesla Texas? Same old shit, but running on gasoline

[–] Olhonestjim@lemmy.world 2 points 2 hours ago* (last edited 2 hours ago)

Or corner the Russian market with on that runs on Mazut.

[–] Formfiller@lemmy.world 20 points 18 hours ago

The being a Nazi strategy didn’t pan out I guess

[–] AngrySquirrel@lemm.ee 9 points 16 hours ago (1 children)

Has he considered suicide?

[–] Fedizen@lemmy.world 5 points 4 hours ago

It did wonders for hitler's image.

[–] 800XL@lemmy.world 16 points 20 hours ago

That's fine. Tesla was always a meme stock with no substance anyway.

[–] spooky2092@lemmy.blahaj.zone 8 points 18 hours ago (2 children)

I'm curious what's going to happen if banks start calling Leon's loans since Tesla stock isn't going to be enough to cover his loans at some point, probably pretty soon.

[–] Tja@programming.dev 7 points 10 hours ago

That's not how loans against stock work. If the share price reach a threshold the shares are automatically sold to cover the loan.

[–] TassieTosser@aussie.zone 3 points 9 hours ago (1 children)

Iirc the magic margin call number is $120/share or thereabouts. Once Tesla hits that, Elon's position gets liquidated.

[–] Olhonestjim@lemmy.world 1 points 2 hours ago

Damn. Wish I could not buy his shit even harder.

[–] Burninator05@lemmy.world 11 points 19 hours ago

Has he tried selling it to his AI business tohide the losses like he did Twitter?

[–] demunted@lemmy.ml 39 points 1 day ago (3 children)

He's tried nothing and Is all out ideas.

Is It Elon that is wrong? No it must be the consumers!

[–] brianary@startrek.website 11 points 22 hours ago

Does negging his customers count as an idea?

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[–] GoodOleAmerika@lemmy.world 7 points 19 hours ago

Bail out and never come back. Only way else Tesla is done.

[–] wirebeads@lemmy.ca 33 points 1 day ago

Who cares. Tesla is run by a Nazi. It doesn’t deserve to survive. Musk doesn’t give a shit about the environment or saving it. He only cares about his bank balance.

🖕Musk 🖕Tesla 🖕Nazis

[–] boughtmysoul@lemmy.world 21 points 1 day ago (1 children)

So let me get this straight.

Elon Musk is the reason Tesla is tanking and his solution is more of him?

How many Ds of Chess is this? I’ve lost track.

[–] vxx@lemmy.world 16 points 1 day ago* (last edited 1 day ago)

Tesla is a person cult.

If any other company had such earning reports and a disatrous earnings call like tesla did, it would go down at least 30%. Tesla went up 30.

Sure, it's possibly the most manipulated stock on the market, and regulators get axed, so we even don't know how much of the cult is left and how much is coming from billionaires pockets that pump and dump all day to get the money of the hopeful.

There will be a hard line where the Pool of idiots with money to rob dried out and they crash harder than Theranos.

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