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LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars

Monday April 28, 2025. 08:25 PM , from BoingBoing
LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars
Remember when Tesla was worth more than every other car company combined? Today, Tesla's profit margins are thinner than Elon's hairline transplant, reporting a 71% nosedive in net income, and the only thing keeping them profitable is selling regulatory credits to other automakers – basically a $595 million allowance from daddy government. — Read the rest
The post LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars appeared first on Boing Boing.
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https://boingboing.net/2025/04/28/lol-teslas-profits-nosedive-71-while-elon-keeps-promising-robot-ca...

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