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.
You can’t un-ring being a Nazi and I won’t be buying another Tesla with or without a Nazi at the helm because we all know even if he ‘steps down’ his fortune will still be tied to his stock ownership.
Nazi Around, Find Out
Henry Ford was a Nazi, and his company did fine, tho! /s
Yeah, sucks that the good charging network is theirs, so they’ll continue to collect even if people buy other EVs.
He killed the charging network team so it won’t be long until it’s overtaken.
Imagine forfeiting such a strong moat.