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Tesla profits plummet 71% amid backlash to Musk's role with Trump administration (www.usatoday.com)

submitted 23 hours ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Key Points

Tesla's Q1 2025 earnings showed a 71% drop in net income and a 9% decline in revenue.
Elon Musk attributed some of Tesla's struggles to "rapidly evolving trade policy" and "changing political sentiment."
Analysts express concerns about near-term uncertainty for Tesla, linking the company's future to Musk's involvement with the White House.

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[–] Wazowski@lemmy.world 11 points 21 hours ago (1 children)

Remember: it is your patriotic duty to vandalize Teslas.

[–] P00ptart@lemmy.world 3 points 20 hours ago

When can we start vandalizing Tesla owners? 6 months? That should be fair right? If they bought a $100k + car, they should have the financial freedom to get rid of it by now, right? I'm done with the bumper stickers. That doesn't save you anymore.