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Tesla profits plummet 71% amid backlash to Musk's role with Trump administration (www.usatoday.com)
submitted 3 months ago by [email protected] to c/[email protected]
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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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[-] [email protected] 0 points 3 months ago

I love the taste of schadenfreude in the morning <Chef's kiss>

this post was submitted on 23 Apr 2025
181 points (100.0% liked)

Economics

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