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.

  • Olhonestjim@lemmy.world
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    5 hours ago

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

  • Naevermix@lemmy.world
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    5 hours ago

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

  • Fedizen@lemmy.world
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    6 hours ago

    Elon musk, resign bitch.

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

  • altphoto@lemmy.today
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    4 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.

  • bluegreenwookie@bookwormstory.social
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    12 hours ago

    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.

    • glitch1985@lemmy.world
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      6 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.

    • AA5B@lemmy.world
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      5 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

      • chiliedogg@lemmy.world
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        1 hour ago

        Semi is a POS designed by a bunch of engineers who have never operated a semi.

        Hell - with the center-space driver’s seat, the driver can’t hand over an ID or a clipboard at a gatehouse without exiting the vehicle through the rear of the cab and walking around.

  • orcrist@lemm.ee
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    17 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.

  • Taleya@aussie.zone
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    20 hours ago

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

    I mean the option’s right there.

  • flop_leash_973@lemmy.world
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    20 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.

  • spooky2092@lemmy.blahaj.zone
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    20 hours ago

    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.