Economics

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submitted 1 week 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] 12 points 1 week ago (1 children)

If I read well, more than 100% of the profit was tax rebates, i.e. without government subsidies they would have lost money