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Tesla’s Rapid Unscheduled Disassembly
Elon Musk’s arrogance destroyed Tesla’s reputation, not the “mind woke virus”.
The perception of billionaire Elon Musk as a brilliant entrepreneur and the value of Tesla stock have been over-inflated for years, so it was inevitable that Musk’s unstable bubble would burst someday. But nobody expected the explosion to be so goddamned apocalyptic.
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.
The new financial details arrive as some shareholders have called on Musk -- whose temporary status as a government employee expires next month -- to step down from his White House role and return full-time to the helm of Tesla.
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.”
