Today's Womp Womp headline: "Tesla profits drop 71% amid anti-Musk backlash" (ABC News)

[Pluvious]

Not a great time to be a big share holder...

Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations.

Total revenue decreased by 9% from one year earlier, to $19.3 billion, while revenue derived from car sales plunged 20% over the first three months of 2025 compared to a year ago, the earnings showed.

...

Opening his company's earnings call on Tuesday, Musk defended the work he was doing with the Department of Government Efficiency and commented on the Tesla protests, saying, without evidence, that the protesters were demonstrating because they were “receiving fraudulent money.”

...

Musk announced in late January that the company would roll out its robotaxi test program in Austin, Texas, in June. But within days, China-based competitor BYD unveiled advances in self-driving technology, which the company said was set to be included in models costing as little as $9,600.

https://abcnews.go.com/Business/tesla-earnings-show-anti-musk-backlash-damaged-bottom/story?id=121008566

[Moostache]

1. Flash Nazi hand salutes, win Nazi reception prizes (n/t)

[OLDMDDEM]

2. Tesla stock is up on the news.

[efhmc]

4. It has a long way to go to win back Americans. The tin can truck was the knife and

DOGE was the rest of the story.

[OLDMDDEM]

6. Also, the truck design is waaayyy too ugly. I'm shorting the stock. I'm down today, but I believe I will

prevail.

[Midnight Writer]

3. Keep in mind that Musk didn't start playing Sheriff of DOGE until a third of the way into this quarter.

I think the losses will accelerate, especially since their man Musk is incapable of admitting error, learning from mistakes, or changing course once his mind is made up.

Musk has spit in the face of every American, even the ones too dull-witted to realize it. The Tesla is no longer cool, and cool is what drives high-end car sales.

[efhmc]

7. In a novel I am reading which is set in California, the rich man arrives in his Tesla for a meeting.

The setting is several years ago. Now there are places on the internet showing how to change the logo on your Tesla.

[Walleye]

5. So he thought he would come here from a apartheid South Africa and fuck everything up in the government

And then what he expected to be beloved? I don’t think so.

[Bad Thoughts]

8. When you run a lifestyle brand ...

... but people no longer want to live like you or live with you.