Tesla's quarterly results are Watch Actresses' Survival Skills Onlinein, and it seems the panic alarm finally went off.
Analyst expectations for Tesla's first quarter of 2025 were already pretty grim, but Tesla handily beat them with a 71 percent drop in profit and a 20 percent drop in car sales, with the only thing keeping the company in the green for the quarter being $595 million in carbon credit sales.
While the sales drop can partially be attributed to the launch of Tesla's updated Model Y, it's now obvious that Musk's political engagement, which includes running the so-called Department of Government Efficiency (DOGE), has been giving potential Tesla buyers pause. DOGE, which is supposed to be cutting unnecessary government expenses, has instead wreaked havoc inside the federal government, with fairly little to show for it.
Musk's endorsement of far right political options probably isn't helping either, especially in Europe, where Tesla sales have plummeted in recent months.
It seems that Musk is finally getting the message — partially, at least. During Tesla's earnings call on Tuesday, he said his time allocation to DOGE would drop "significantly" starting in May. Musk also said he plans to allocate "far more" of his time to Tesla.
He will not, however, leave DOGE completely, as long as the president would like him to stay, and "as long as it's useful".
During the call, Musk also complained about Trump's tariffs on China, which hurt Tesla's profits, as well as claiming that the increasingly widespread Tesla boycotts are the work of those who oppose Musk's work at DOGE.
As for Tesla's future plans, Musk was surprisingly timid. In June, the company will launch "fully autonomous" taxi rides in Austin, Texas, but they won't be Tesla Cybercabs. Instead, the company will launch the autonomous rides with Tesla Model Ys. Musk also said that Tesla Optimus robots will be working in Tesla factories by year's end, though the humanoid robot is also affected by Trump's tariffs.
SEE ALSO: Tesla reportedly delays cheaper Model Y again as earnings call loomsOverall, however, Musk is still very bullish about the prospects of his company. "I continue to believe that Tesla, with excellent execution, will be the most valuable company in the world by far," he said.
Topics Tesla
Apple iPhone 17 Pro leaks highlight major new design change
Clippers vs. Nuggets 2025 livestream: Watch NBA playoffs for free
Webb telescope may have just revealed a spiral galaxy's startling secret
Eufy Omni S1 Pro robot vacuum: $500 off at Amazon
Commissioning Misleading Core i9
Amazon Summer Beauty Event 2025
NYT Strands hints, answers for April 28
Best Samsung deal: Save $90 on the Samsung Galaxy Watch 7
Testing Windows 10 Performance Before and After the Meltdown Flaw Emergency Patch
Arnaldi vs. Djokovic 2025 livestream: Watch Madrid Open for free
Useful or Little Known Android Features
Wordle today: The answer and hints for April 26, 2025
NYT mini crossword answers for April 28, 2025
NYT Strands hints, answers for April 27
Waymo data shows humans are terrible drivers compared to AI
Best headset deal: Save 11% on the Xbox Wireless Gaming Headset
Bose SoundLink Flex deal — save $30 on the portable speaker
AI's toll on humanity, the environment remains dangerously unclear, government agency warns
U.N. confirms the ocean is screwed
Best fitness tracker deal: Save 25% on the Fitbit Versa 4
Olivia Rodrigo visits White House to encourage young people to get vaccinatedAI bot trolls politicians with how much time they're looking at phonesDoorDash nudges users who don't leave tipsG. K. Chesterton’s Poets with BeefThe 2021 iPad is back down to its lowest price everMourning Pierre CapretzFacebook's 'On This Day' feature makes me want to delete my account every dayInsect scientists want your help renaming bugs with racist namesOlivia Rodrigo visits White House to encourage young people to get vaccinatedThe Real ThingCouples are having sex in SF robotaxis, report says5 ways 'Red, White & Royal Blue' is different from the bookInsect scientists want your help renaming bugs with racist namesThe 2021 iPad is back down to its lowest price everCroatia, a Work in Progress by David GendelmanHappy Opium Suppression Movement Day!Facebook's 'On This Day' feature makes me want to delete my account every dayThe End of @everywordAddendum by Sadie Stein'Quordle' today: See each 'Quordle' answer and hints for August 13, 2023 NYT Strands hints, answers for June 9 Three Apps to Combine All Your Messaging Clients Into One Apple's WWDC 2025 keynote ends with a piano man singing real App Store reviews Wordle today: The answer and hints for June 9, 2025 Apple iPad Pencil 2nd Gen deal: Only $19.99 at Woot! What Wes Anderson thinks of social media imitations of his aesthetic Sabalenka vs. Gauff 2025 livestream: Watch French Open final for free Preview all the updates coming to iPad this fall Best gift card deal: Get a $100 DoorDash gift card for only $85 at Best Buy Today's Hurdle hints and answers for June 8, 2025 How to download iOS 26 — start testing the beta today Save up to 50% on Amazon's best books of 2025 John Oliver gleefully weighs in on the Trump Amazon Echo deal: $45 off at Amazon The Best CPU & GPU Purchases of 2017 Best gift card deal: Get a free $20 REI gift card when you buy a $100 REI gift card WWDC 2025 rumor: MacOS Tahoe might run on fewer Macs than expected UEFA Nations League livestream: How to watch Nations League for free MotoGP 2025 livestream: Watch Grand Prix of Aragon for free The State of Mining: Guide to Ethereum
2.6533s , 10108.7421875 kb
Copyright © 2025 Powered by 【Watch Actresses' Survival Skills Online】,Exquisite Information Network