this post was submitted on 23 Apr 2025
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Yesterday evening, Tesla reported first-quarter earnings for 2025, and they were abysmal: Profits dropped 71% from the same time last year.

Musk sounded bitter on the call with investors that followed, blaming the company’s misfortune on protesters who have raged at Tesla dealerships around the world over his role running DOGE and his ardent support of far-right politicians.

“The protests that you’ll see out there, they’re very organized. They’re paid for,” he said, without evidence.

Non-paywall link

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[–] _cryptagion@lemmy.dbzer0.com 8 points 51 minutes ago (1 children)

so when can I expect my paycheck for being a paid protestor?

[–] Sturgist@lemmy.ca 1 points 10 minutes ago

Probably about 3 weeks before the DGE Efficiency Cheques?

[–] LandedGentry@lemmy.zip 6 points 45 minutes ago

Good riddance to bad, deadly rubbish

[–] Grizzlyboy@lemm.ee 23 points 2 hours ago (2 children)

The world would be better without you, Elon. And you’re such a sad little shit you’re probably reading these comments hoping someone will like you.

[–] Stalinwolf@lemmy.ca 16 points 1 hour ago (1 children)

Kill yourself, Elon. Everyone will be sorry then.

[–] genevieve@lemmy.blahaj.zone 3 points 1 hour ago (1 children)

as someone who will definitely be sorry if elon kills himself i would really like elon to kill homework just to prove that i indeed will be sorry

[–] Sturgist@lemmy.ca 1 points 9 minutes ago

I'm not in school anymore....but I feel like Elon killing homework would have been widely applauded by students everywhere....

[–] Necroscope0@lemm.ee 5 points 1 hour ago

Still over here hoping his penis pump explodes and burns him to death from the dick up.

[–] arc@lemm.ee 30 points 6 hours ago (1 children)

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.

[–] genevieve@lemmy.blahaj.zone 3 points 1 hour ago

europe has so many ev’s that cheaper than tesla and with better build quality and service than tesla

and 100% less naziism

[–] JohnDClay@sh.itjust.works 14 points 7 hours ago (1 children)

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.

https://macrotrends.net/stocks/charts/tsla/tesla/revenue

[–] TammyTobacco@sh.itjust.works 8 points 6 hours ago

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.

[–] supersquirrel@sopuli.xyz 7 points 6 hours ago

My faith in magic and wonder in this world is restored!

[–] lemmylump@lemmy.world 22 points 8 hours ago (1 children)

Don't let up, this is just nothing to him. Make it painful.

[–] supersquirrel@sopuli.xyz 10 points 6 hours ago (1 children)

Never stop shaming and making fun of this hateful loser until the day he dies... and then piss on his grave after he dies.

[–] OCATMBBL@lemmy.world 3 points 5 hours ago (1 children)

Piss is usually sterile, and is therefore too good for him. Shit or vomit is far more appropriate.

[–] hakobo@lemmy.world 4 points 2 hours ago

That's actually been found to be not true with advancements in how we detect bacteria and viruses. https://youtu.be/OTIYcemQ_OQ

[–] barneypiccolo@lemm.ee 20 points 8 hours ago (1 children)

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.

[–] Zink@programming.dev 5 points 2 hours ago

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

They lost millions, you say? I took a look and since Nazi Salute Day the value of Tesla has dropped on the order 500,000 million dollars.

[–] melsaskca@lemmy.ca 7 points 7 hours ago

Only his Fuhrer can save him now. Does he "not see" ?

[–] b3an@lemmy.world 3 points 6 hours ago
[–] SapphironZA@sh.itjust.works 14 points 9 hours ago (1 children)

This bubble does not just need to be popped, it needs to evaporate.

[–] Ceruleum@lemmy.wtf 2 points 3 hours ago

I want to see it implode!

[–] rodneylives@lemmy.world 37 points 13 hours ago

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.

[–] pyre@lemmy.world 18 points 13 hours ago (3 children)

do none of the investors just go "shut the fuck up you sig heiling cunt"?

[–] ThomasCrappersGhost@feddit.uk 1 points 1 hour ago (1 children)

If you were a left wing investor, why would you invest in a company fronted by a right wing person?

If you weren’t bothered by that, why would you invest in an over valued, over hyped, badly managed company?

[–] pyre@lemmy.world 2 points 1 hour ago* (last edited 1 hour ago) (1 children)

not about being left wing. the right wing came up with "alt-right" for a reason. they knew the nazi shit is toxic. there's no doubt that his sig heil played a major role in regular or otherwise indifferent people to really feel icky about him. the shit he did with doge didn't help of course.

investors care about money. it's easy to see the sig heil was the beginning of the freefall. even if you're a nazi you should know that's not a thing to do. so this is not about the political views of the investors at all.

[–] ThomasCrappersGhost@feddit.uk 1 points 1 hour ago (1 children)

Ok. It would have been better to say if you were bothered by his views, his actions at Twitter, and DOGE. I just tried to put it simply.

I also wasn’t meaning to take away from what you said in any way.

[–] pyre@lemmy.world 1 points 47 minutes ago (1 children)

I mean I can't imagine being in an investor call where this guy is just crying about organized protests and making excuses and not thinking "yeah even if this is all paid, it all started because you sig heiled twice on national television you fucking idiot"... but I guess people are willing to hold their tongue when the dumbest, most unlikeable person alive is also the richest.

[–] ThomasCrappersGhost@feddit.uk 1 points 30 minutes ago

It’s equally possible that all these people are as dumb as he is.

I read a comment a couple of week back by someone who heavily bought into Musk being a genius and Tesla being amazing, I could imagine that being my first introduction to Musk and maybe thinking “hey I should give this guy all my money”, but fortunately I’m not that daft.

[–] 100_kg_90_de_belin@feddit.it 10 points 8 hours ago (2 children)

The same investors who were fine with Musk peddling himself as real-life Tony Stark?

[–] pyre@lemmy.world 3 points 6 hours ago (1 children)

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.

[–] 100_kg_90_de_belin@feddit.it 2 points 3 hours ago

They have always been okay with open nazism

[–] rippersnapper@lemm.ee 2 points 8 hours ago

One is remarkably worse than the other

[–] figjam@midwest.social 4 points 9 hours ago

Nah, they are either true believers or the "420.69 lol" crowd

[–] Formfiller@lemmy.world 29 points 15 hours ago* (last edited 6 hours ago) (1 children)
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