Yesterday evening, Tesla reported first-quarter earnings for 2025, and they were abysmal: Profits dropped 71% from the same time last year.

Musk sounded bitter on the call with investors that followed, blaming the company’s misfortune on protesters who have raged at Tesla dealerships around the world over his role running DOGE and his ardent support of far-right politicians.

“The protests that you’ll see out there, they’re very organized. They’re paid for,” he said, without evidence.

Non-paywall link

    • ThomasCrappersGhost@feddit.uk
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      21 hours ago

      If you were a left wing investor, why would you invest in a company fronted by a right wing person?

      If you weren’t bothered by that, why would you invest in an over valued, over hyped, badly managed company?

      • pyre@lemmy.world
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        20 hours ago

        not about being left wing. the right wing came up with “alt-right” for a reason. they knew the nazi shit is toxic. there’s no doubt that his sig heil played a major role in regular or otherwise indifferent people to really feel icky about him. the shit he did with doge didn’t help of course.

        investors care about money. it’s easy to see the sig heil was the beginning of the freefall. even if you’re a nazi you should know that’s not a thing to do. so this is not about the political views of the investors at all.

        • ThomasCrappersGhost@feddit.uk
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          20 hours ago

          Ok. It would have been better to say if you were bothered by his views, his actions at Twitter, and DOGE. I just tried to put it simply.

          I also wasn’t meaning to take away from what you said in any way.

          • pyre@lemmy.world
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            20 hours ago

            I mean I can’t imagine being in an investor call where this guy is just crying about organized protests and making excuses and not thinking “yeah even if this is all paid, it all started because you sig heiled twice on national television you fucking idiot”… but I guess people are willing to hold their tongue when the dumbest, most unlikeable person alive is also the richest.

            • ThomasCrappersGhost@feddit.uk
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              20 hours ago

              It’s equally possible that all these people are as dumb as he is.

              I read a comment a couple of week back by someone who heavily bought into Musk being a genius and Tesla being amazing, I could imagine that being my first introduction to Musk and maybe thinking “hey I should give this guy all my money”, but fortunately I’m not that daft.