- cross-posted to:
- technology@beehaw.org
- cross-posted to:
- technology@beehaw.org
Yesterday evening, Tesla reported first-quarter earnings for 2025, and they were abysmal: Profits dropped 71% from the same time last year.
Musk sounded bitter on the call with investors that followed, blaming the company’s misfortune on protesters who have raged at Tesla dealerships around the world over his role running DOGE and his ardent support of far-right politicians.
“The protests that you’ll see out there, they’re very organized. They’re paid for,” he said, without evidence.
These are numbers for all of Q1 too, and people didn’t really start the protests until a few weeks to a month in. So in theory last quarter had a few more good weeks than next quarter will.