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Elon Musk: Not Especially Smart, Little Business Sense

Discussion in 'Too Hot for Swamp Gas' started by chemgator, Feb 22, 2025.

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  1. Apr 19, 2025 #161
    citygator

    citygator GC Hall of Fame

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    Tesla earning out on Tuesday. Consensus is fairly flat sales estimates with a delay in their new “low end” model.

    https://www.investors.com/market-tr...-trump-tariff-tesla-google-t-mobile-earnings/


    Tesla earnings are on tap Tuesday late. Analysts now sees EPS down 4% to 43 cents a share, though more recent forecasts point to a larger slide. Revenue should rise 1% to $21.45 billion, but the sharp consensus is for a small decline.

    Late Friday, Reuters reported that Tesla will delay its upcoming "affordable" EV by at least three months. Tesla had said it planned production of a lower-cost vehicle by mid-year, but various reports suggested it would come in late 2025 or 2026. The latest report said production will start in the U.S., followed by China and Europe.

    The EV giant has not given any details about the EV, but multiple reports have said it'll be a stripped-down Model Y rather than a new form factor, like a hatchback.

    As usual, the focus will be on the earnings call. Will CEO Elon Musk stick to his forecast for unsupervised, self-driving ride hailing in Austin this June? Will Tesla offer any details about the "affordable" vehicle? Does Musk still see delivery growth in 2025 after a weak Q1 and sluggish start to April? How will Tesla Energy handle big tariffs on Chinese batteries?
     
  2. Apr 19, 2025 #162
    chemgator

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    Musk's decision to prioritize self-driving cars over a low-cost entry model may cost him in the long run. His self-driving cars could lead him into a series of lawsuits, while the opportunity for further growth of his company is delayed.

    Elon Musk makes controversial decision that could cost Tesla big time

     
  3. Apr 19, 2025 #163
    VAg8r1

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    Probably transgender illegal aliens who happen to be members of Tren de Aragua or MS13..
     
    Last edited: Apr 21, 2025 at 9:55 AM
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  4. Apr 21, 2025 at 11:19 AM #164
    JG8tor

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  5. Apr 22, 2025 at 6:41 PM #165
    citygator

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    Disaster.. -71% income… -20% in revenue.. plummeting share of the market. It could not have been worse.

    Critics expected 400,000 sales… They only hit 330,000. Less than they sold 2 years ago while the industry sold more than ever.

    This should be chalked up as Suicide.

    https://www.marketwatch.com/livecoverage/tesla-earnings-stock-q1-results-elon-musk-evs-guidance

    Tesla’s (TSLA) first-quarter earnings are out, and they’re not looking good for the automaker. The company reported late Tuesday that net income sank 71%, and its earnings are a double miss in both adjusted earnings-per-share and revenue. Total auto revenue fell 20% year-over-year during the period.

    “I encourage people to look beyond the bumps and potholes of the road immediately ahead of us and lift your gaze to the bright, shining citadel on the hill,” Musk said.
     
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