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.
It will, it just takes a lot of years. Lets not forget that Hugo Boss and Volkswagen were nazi germany companies.
They’re still quite popular even though one made military uniforms and the other vehicles.
And that can really only begin with his departure from the company. And his divestment.
A lot of people are going after Tesla because he owns a shit load of it and we want to bury him- not because we particularly care about Tesla.
Once he’s gone from the company, then they can rebuild, it eh…. He has to leave first.