Q1 earnings are out. They are bad. 400M$ in operating income, 595M$ in regulatory credits. Profits down, sales down, and we haven't yet seen the full impact of him pissing off a good portion of his customer base. Also, for all the newly minted fans that love a rugged individualist pulling himself up by his bootstraps, that regulatory credit number is government subsidies. If not for tax money directed his way, they would have negative revenue.
Somewhere way back in this thread there are people calling him a business genius and saying 'just wait, you'll see'.
So the stock is up 6% today.
I saw comments that people have bought into the idea that the company is now focused on Robots and other "non-car" things. I wouldn't be surprised if he has his AI company merge with Tesla to use the veil of AI as protection against his cars.
This was an interesting new scandal, which doesn't surprise anyone....
Q1 earnings are out. They are bad. 400M$ in operating income, 595M$ in regulatory credits. Profits down, sales down, and we haven't yet seen the full impact of him pissing off a good portion of his customer base. Also, for all the newly minted fans that love a rugged individualist pulling himself up by his bootstraps, that regulatory credit number is government subsidies. If not for tax money directed his way, they would have negative revenue.
Somewhere way back in this thread there are people calling him a business genius and saying 'just wait, you'll see'.
Something circulated among tech bros many years ago and they all started doing it as a conscious thing to signal dominance . I think it's also a thing in the 'alpha male' crowd. Now I see it everywhere and I think it really sends a different signal.
Something circulated among tech bros many years ago and they all started doing it as a conscious thing to signal dominance . I think it's also a thing in the 'alpha male' crowd. Now I see it everywhere and I think it really sends a different signal.
Enjoying the irony of Truck-drivin' Real 'Muricans (who used to blockade Tesla charging stations and roll coal at Teslas on the road) circling the wagons around a Tesla dealership to "defend" it. And not a single electric vehicle among them.
Can't think of a better way to keep customers from actually visiting to buy a car, btw.
< Squinting to see if it's an onion headline or not >
Enjoying the irony of Truck-drivin' Real 'Muricans (who used to blockade Tesla charging stations and roll coal at Teslas on the road) circling the wagons around a Tesla dealership to "defend" it. And not a single electric vehicle among them.
Can't think of a better way to keep customers from actually visiting to buy a car, btw.
It has a fair claim to be the ugliest philosophy the postwar world has produced. Selfishness, it contends, is good, altruism evil, empathy and compassion are irrational and destructive. The poor deserve to die; the rich deserve unmediated power.
According to a source, when Musk privately messages associates and confidants about reports from federal staffers about how their lives have been wrecked, the Tesla CEO is known to react with laugh-crying emojis.
Story: â rollingstone.com (@rollingstone.com) 10 April 2025 at 19:50
According to a source, when Musk privately messages associates and confidants about reports from federal staffers about how their lives have been wrecked, the Tesla CEO is known to react with laugh-crying emojis.
Story:
