Tesla earnings: Profit down 71% Revenue down 9% Revenue from the auto business down 20% Gift link: www.wsj.com/business/aut...
Replies
Thank you!
apr 22, 2025, 8:44 pm • 0 0 • view
apr 22, 2025, 8:57 pm • 1 0 • view
Hahahahahaha
apr 22, 2025, 9:38 pm • 0 0 • view
That's one way to get prices down on new cars. Who knows, they might be affordable for the middle class by the end of the year.
apr 22, 2025, 8:52 pm • 2 0 • view
🧱🧱🧱💦
apr 22, 2025, 8:42 pm • 1 0 • view
I will never understand people who then buy the stock based off of this (it's up 4% on the day)
apr 22, 2025, 8:44 pm • 2 0 • view
Desperately trying to keep the stock from tanking
apr 22, 2025, 9:09 pm • 1 0 • view
apr 22, 2025, 8:36 pm • 20 0 • view
lmao
apr 22, 2025, 8:37 pm • 0 0 • view
apr 22, 2025, 10:59 pm • 4 0 • view
Thatsashame.gif
apr 22, 2025, 8:54 pm • 0 0 • view
Warms my cold little heart
apr 22, 2025, 8:44 pm • 5 0 • view
Maybe they should trying cutting the fat, fat Elon that is.
apr 22, 2025, 8:58 pm • 2 0 • view
can someone explain to me, a person who is apparently very bad at "business," how profits and revenue can be so far apart?
apr 22, 2025, 10:02 pm • 3 0 • view
Also, too: wapo.st/3YH4f7K (🎁 link).
apr 22, 2025, 8:54 pm • 2 0 • view
Couldn’t happen to a more deserving person
apr 22, 2025, 9:39 pm • 1 0 • view
Profit is down 71% when revenue is only down 9%? What kind of money were they taking in during the prior period so as to make that work? money with no costs?
apr 22, 2025, 8:47 pm • 4 0 • view
It's just math - let's say revenue is 100 and profit is 10. Then you lose 1 revenue and 1 profit. You've lost 10% of profit and 1% of revenue.
apr 22, 2025, 9:49 pm • 1 0 • view
I think it has to be something different. The 1 you lose in revenue is unlikely to be 1 in profit unless there were no variable costs associated with that 1 in revenue. It might be that way if the 1 was to pay for goods whose costs are already incurred, but if the revenue is down you should be
apr 22, 2025, 10:05 pm • 0 0 • view
I used a very simple example. In any case percentages are affected by the size of the denominator.
apr 22, 2025, 10:13 pm • 0 0 • view
And they are also affected by the incursion of costs, which you assumed were nonexistent.
apr 22, 2025, 10:15 pm • 0 0 • view
ordering less future stuff (so you are incurring lower costs).
apr 22, 2025, 10:05 pm • 0 0 • view
PERHAPS they continued ordering materials and didn’t let anyone go, thinking they could ride it out, but given how quickly and mercilessly DOGE let people from the government go, this would be inconsistent management philosophies.
apr 22, 2025, 10:14 pm • 0 0 • view
They collect a bunch of money from other carmakers for carbon credits. @teslatakedown.com
apr 22, 2025, 9:09 pm • 6 0 • view
Just really high fixed costs, I guess
apr 22, 2025, 8:55 pm • 1 0 • view
They went up in the current period? Like, they moved to more expensive locations?
apr 22, 2025, 8:57 pm • 0 0 • view
Don't know their financial details intimately, but my initial guess is they had (and continue to have) high fixed costs. They were selling enough cars to cover those fixed costs and then every car sold above that was making them a tidy profit.
apr 22, 2025, 9:03 pm • 1 0 • view
Revenues slipping by "only" 9% (still massive in a growing market) means they're now much closer to that break-even point vis-a-vis their fixed costs than they were last year, which is why it impacts profits much more heavily. But I'm not a finance guy, so take that with a pinch of salt
apr 22, 2025, 9:05 pm • 1 0 • view
Got it, thanks - - their variable revenue was important for mitigating the fixed costs
apr 22, 2025, 9:30 pm • 2 0 • view
apr 22, 2025, 8:35 pm • 3 0 • view
Still too much.
apr 22, 2025, 10:58 pm • 1 0 • view
Tesla was already going down www.planetearthandbeyond.co/p/this-is-ho...
apr 22, 2025, 10:07 pm • 3 0 • view
How much of their profit this quarter came from selling carbon credits?
apr 22, 2025, 8:34 pm • 5 0 • view
All of it per @faizsays.bsky.social
apr 22, 2025, 8:40 pm • 7 0 • view
$595 million in tax credits. Without those would have reported a loss.
apr 22, 2025, 8:49 pm • 1 0 • view
Yeah, I think without those carbon credits, Tesla would be completely underwater. The absolutely most delicious part of this dish is that America's least favorite nazi edgelord compulsive masturbator only has his company thanks to the grace of "Woke policies" like Carbon offset Credits.
apr 22, 2025, 8:42 pm • 3 0 • view
Stock up after hours. Make it make sense
apr 22, 2025, 8:43 pm • 2 0 • view
Non finance guy question here. If auto business revenue is down 20% but overall revenue is only down 9%, does that mean they have another division that has actually increased in revenue?
apr 22, 2025, 11:30 pm • 0 0 • view
it's as if people who care about the environment don't want to buy cars from nazis
apr 22, 2025, 8:44 pm • 3 0 • view
They don’t have to. There are lots of other choices now. Better made with better service after the sale.
apr 22, 2025, 8:50 pm • 2 0 • view
Go based, go broke.
apr 22, 2025, 8:39 pm • 1 0 • view
Go fash, lose cash
apr 22, 2025, 8:42 pm • 10 0 • view
That's correct. This is 100% political backlash. Elon Musk has misused his power and now very many people are suffering in the U.S. and around the world because of it. HE MUST GO! Get him out of Tesla leadership! Get him out of the WH! Force him to close America PAC & end relations to the far right!
apr 23, 2025, 2:07 am • 1 0 • view
If Elmo goes back to Tesla; that's just more gas on the fire !!!
apr 22, 2025, 8:49 pm • 1 0 • view
Is it me or is that Tesla logo starting to look like a sword of Damocles...
apr 22, 2025, 8:54 pm • 4 1 • view
Underrated post, imo
apr 22, 2025, 9:19 pm • 1 0 • view