Worth bearing in mind that EV sales increased something like 24% in Europe from last year, so Tesla (lack of) sales have to be adjusted for that. Even if the number of cars they sold had remained static it would still be troubling.
this post was submitted on 23 Apr 2025
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Looks like revenue this quarter was $19.34B. That's slightly less than the 2024 Q1 result of $21.3B. Looks like Q1 is usually lower, let's make this trend continue to following quarters.
These are numbers for all of Q1 too, and people didn't really start the protests until a few weeks to a month in. So in theory last quarter had a few more good weeks than next quarter will.
Only his Fuhrer can save him now. Does he "not see" ?
Don't let up, this is just nothing to him. Make it painful.
Never stop shaming and making fun of this hateful loser until the day he dies... and then piss on his grave after he dies.
Piss is usually sterile, and is therefore too good for him. Shit or vomit is far more appropriate.
We haven't heard much from him over the past few weeks, and now we get this earnings call, and it is far worse than expected. He's known this was coming, and has been laying low, probably hoping things will improve some before making what he knows will be a disastrous earnings call. Its the equivalent of watching your diet 3 days before a doctor's appointment, hoping your weight gain and cholesterol increase won't be as bad as you know it is.
Also, it's a safe bet that his board of directors is livid, and that he has been ordered by his board to get back to work, or be removed as CEO of Tesla.
There is almost certainly a shareholder class-action suit brewing over his reckless and irresponsible behavior over the last several months, which has directly caused severe, and probably irreparable damage to the company's brand image AND it's sales around the world, as well as tanking the stock price, an unforgiveable sin in the investing world. Now that the bubble has popped, it will never inflate again. As future earnings reports are released, and sales continue to slide, the stock will continue to decline, and the cycle will continue until bankruptcy. And it is all traceable to Skum's self-indulgent, egotistical behavior.
The only question is will Skum be the only defendant, or will the lawsuit also name the individual members of the board, for not reigning him in, or firing him. They don't want to be sued alongside him, so they are forcing him to get back to work saving Tesla, thus letting them off the hook for legal liability.
Its doubtful Skum will be able to save Tesla at this point, its almost certainly too late. It is also probably too late to avoid a shareholder lawsuit. Investors have lost millions of dollars, not due to the vagaries of the market, but due to Skum's outrageous behavior, like throwing up celebratory Nazi salutes on national TV, which, as CEO, he should have realized would damage his company and its investors significantly.
And arguing that he didn't recognize the danger in advance is no excuse at all for a CEO, who should have been able to predict the response to his self-indulgent ego bender.
Shareholders have lost many millions, and they won't just let that go with an "Oh well." He's likely going to get sued, and the board is just making sure they don't go down with him.
This bubble does not just need to be popped, it needs to evaporate.
It is a mistake to lead off with "here's the thing about Elon Musk," because there's LOADS of things with Musk, but in particular. Let's set aside how ludicrous it is to claim that the protesters are being funded by some outside source, because sure that's worked in the past, and of course it's the Democrats, those notably cash-positive people, who are doing it.
Elon Musk is THE RICHEST MAN IN THE WORLD. If anyone could beat a theoretical money-backed protest against him, it would be him. Just offer to beat the offer of anyone funding the protesters. That's it! If they're only in it for the money then the protest would fold immediately.
More than that, Musk has literally paid people to vote in his favor in the Wisconsin Supreme Court race! The levels of hypocrisy are so staggeringly great that it risks materializing actual hippopotamuses on his properties.
do none of the investors just go "shut the fuck up you sig heiling cunt"?
The same investors who were fine with Musk peddling himself as real-life Tony Stark?
tech investors are fucking idiots who chase after shiny objects in hopes of the next big thing. it's one thing for these morons to be impressed by a wannabe Tony Stark, and another to be ok with open nazism.
They have always been okay with open nazism
One is remarkably worse than the other
Nah, they are either true believers or the "420.69 lol" crowd
Good. Hope it gets even worse.
They would have lost hundreds of milliions if it weren't for carbon credits, which have now been removed.
“The protests that you’ll see out there, they’re very organized. They’re paid for,” he said, without evidence.
No. When you do a double seig-heil on national television we protest for free.
The ones I've been to have been the least organized protests I've seen. There was no announcement on www.mobilize.us, people just showed up on Saturdays at 12. I couldn't actually find any organizers, there weren't anyone with mega phones or anything. I wanted to thank them, but it looks like it was largly just people having the same idea.
Fuck, I'll pay to protest at this point. I'm livid at this assface.
Don't give them any ideas.
Fuck that, take my ideas.
I'll donate $50 to the legal defense of anyone who rids us of this turbulent billionaire, and I'm not the only one who would
This is an important part of protesting, if you don't want to protest yourself you can always do things like this!
Maybe he should spearhead a supertruck or an xcar project to save the company. Wow those xonsumers with a jetson car theme or something. Cheaply built but somehow luxury segment. It's Idiot proof!
Maybe he should make a submarine and go see the Titanic
I've been calling the cybertruck the Homer since it's release. So apt.
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He should be totally overjoyed, not bitter.
The current stock price, despite YTD of -36%, is still way over any kind of realistic valuation. And by that I mean orders of magnitude off.
Price to earnings makes it still look like a very, very, very hopeful/optimistic startup in the development phase, rather than a withering, fake luxury, niche automaker facing boycotts and being "run" by a full-blown Nazi that everyone hates.
If you still own Tesla shares, get the fuck out of it now. The recent collapse is nothing.
I read that hedgefunds use Tesla as colatteral and can't let it go down much more. Don't know if true but pretty interesting. If enough people sell they can't keep the price up and fun times will begin which I hope for.
Collapsing hedge funds would be the icing on the cake.
I have to say, if someone whispered in my ear "collapsing hedge funds" it would romantic af.
The current stock price, despite YTD of -36%, is still way over any kind of realistic valuation. And by that I mean orders of magnitude off.
It is a stock only in the name. For all intents and purposes, it is a crypto memecoin.
This 100%. Tesla remains massively overvalued, and it's on the basis that in the future the company will dominate with self drive cars. It's vaporware on a scale never before seen.
Tesla has fundamentally flawed self-drive technology because someone stripped out essential tech to save money. Lidar is essential to self driving cars but some genius decided they knew better than their own engineers and the self drive industry as a whole and instead made their vehicles and tech camera only. That genius? Elon fucking Musk.
The guy's an idiot. The company is an overpriced joke.
Luckily the party is probably on its way to being over. It’s not like Elon decreasing his public presence with the president will make sales suddenly rebound.
What everyone here is also missing is that it’s 71% profit loss with tax credits which means they saw this loss coming and scrambled to cash in some stuff so it didn’t look as bad. Without that, they would have reported a decent loss like they will next quarter.
And fundamentally how would they fix their current issue? They could distance from elon but that would be a slow burn. They can’t make new cars. Can’t discount their cars much. They can’t do much of anything except lose more money.
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Nobody's got to pay me to convince me Musk is a nazi piece of shit, he did that all on his own.
he did the salute twice to emphasize his support;.
You can bullshit the American people that they are paid protestors, but if any of his investors buy that line of bullshit, they deserve to lose all their money.
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