Tesla’s Q1 earnings are a masterclass in how not to run a company — profits tanked 71% compared to last year, tumbling to just $409 million. Revenue fell 9.4% to $19.3 billion, dragged down by a 20% dip in automotive sales — the lowest since 2021. Deliveries dropped 13%, likely not helped by Elon Musk’s constant political distractions and that infamous N*zi salute.
NowThis Impact
Tesla’s Q1 earnings are a masterclass in how not to run a company — profits tanked 71% compared to last year, tumbling to just $409 million. Revenue fell 9.4% to $19.3 billion, dragged down by a 20% dip in automotive sales — the lowest since 2021. Deliveries dropped 13%, likely not helped by Elon Musk’s constant political distractions and that infamous N*zi salute.
2 days ago | [YT] | 29,372