Comment on Tesla profit tanked 46% in 2025 | TechCrunch
BarneyPiccolo@lemmy.today 6 hours agoSales are down worldwide, and it’s so bad that he just announced he’s ending production on two of his product lines, the S and X series, abandoning his “SEXY” branding strategy.
The stock is only staying afloat because it’s in the portfolio of so many institutional investment accounts. With each dropping earning report, the stock is going to slowly slide, and eventually those institutional investment accounts will start dropping it. Then he’s finished.
Tesla will be bankrupt in two years.
SaveTheTuaHawk@lemmy.ca 6 hours ago
I’ve been reading that the last 5 years. It’s not a stock, it’s a cult.
BarneyPiccolo@lemmy.today 6 hours ago
And it’s finally starting to happen. They’ve never had a 46% reduction in profit before. They’ve never closed two production lines before.
This is NOT business as usual over at Tesla.
SaveTheTuaHawk@lemmy.ca 5 hours ago
oh no! but now they have a robot that everyone will buy 4X! Same shit, different sandwich.
BarneyPiccolo@lemmy.today 4 hours ago
Nobody is going to buy his dumb robot that won’t work. Leastways, not on numbers that would make up for automobile numbers. Otherwise, Ford and Chevy would be building robots.
Are they building robots?
They are not.