More than half its profit came from emissions credits as sales fell 8.6 percent.
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2025 sees Tesla’s annual revenue fall for the first time
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The simplest way to explain it is that Income from operations is the income you have from your primary business. Say you make widgets and sell a million and make a profit of $5 on each. (The actual sales price doesn't matter.) Your income from operations would be $5 million. But the company also makes money from interest on the money it has in the bank at any given time. And if the company owns stock or bonds in another company, they might have dividends and interest that get added in to your total income. Might not be much, might be a bundle. But it's not income from widget making.
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I’m starting to think that the entire reason for the cyber truck market to exist is to help a Nissan truck owners feel better.
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People in my country want small affordable EVs. The classic Peugeot and ofcourse Kia are doing fine.
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My guess is the Semi program hasn’t been rebooted so much as it’s been booted into safe mode - a zombie product, only notionally under ongoing development and only to the extent they can’t be charged of securities fraud after claiming it’s coming.
Meanwhile, Freightliner, Volvo, and even Nikola are quietly selling actual Class 8 BEV trucks that aren’t bullshit and serve real markets that make sense for the current state of the art, like regional/short haul and drayage trucks. Fleet managers don’t give a limp pity fuck about Elon’s shitty freestyle sci-fi. They’re going to buy trucks that make sense for their actual needs from manufacturers with whom they have existing relationships.
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Call me when they offer a robot that can make a grocery list, take the FSD car to the store, buy everything, bring it home and put it away. Until then, I can do without one.
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Good. They should do even worse.
All issues with the company and owners aside, they're really shit-tier customer support being propped up by a cult.
If I received a vehicle that had suspension, door usability/exit issues in emergencies, and fit/finish issues, I'd lose my god damn shit.
Them lying about the range as well is bonkers, and I cannot believe they don't get independent range tests (with independent GPS sources vs whatever the vehicle reports) and them not having been buried for dishonesty/customer service years ago.
All issues with the company and owners aside, they're really shit-tier customer support being propped up by a cult.
If I received a vehicle that had suspension, door usability/exit issues in emergencies, and fit/finish issues, I'd lose my god damn shit.
Them lying about the range as well is bonkers, and I cannot believe they don't get independent range tests (with independent GPS sources vs whatever the vehicle reports) and them not having been buried for dishonesty/customer service years ago.
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they're going to manufacture and sell 50 million optimis robots at 10,000$ each, now thats 500 million dollars in profit according to musk so that'll not even come close to denting anything...
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Trucks dominate in the US way more than Europe.
EU's freight modal share is ~70% water, ~25% road and ~5% rail.
https://ec.europa.eu/eurostat/stati...le=Freight_transport_statistics_-_modal_split
Excluding pipelines, US's is more like 12% water, 53% road and 34% rail
https://www.bts.gov/content/us-ton-miles-freight
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This is not good enough! His profits should be ZERO! People are still buying his cars and if you’re an immigrant then you have no idea how stupid you look as an immigrant driving a car from Elon that just hates your skin color and guts.
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Fleet managers would be more than willing to evaluate the Tesla Semi on its merits, even though they don't have any relationship with the company.
It's just that, on its merits, it's a lousy truck. I get why Tesla made certain choices, like having the driver's seat in the middle of the cab (one vehicle fits all countries, irrespective of whether they drive on the left or right!), but it turns out that doing so absolutely destroys the utility of the vehicle whenever the driver needs to lean out of the window.. eg, at a gate or to receive or hand over paperwork. Which they need to do remarkably often.
That sort of screwup, where Tesla made certain design choices without talking to people in the industry first, means that the Semi is dead on arrival. Or, at best, a very low volume seller in the market.
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Wasn't there a lot of sales in the third quarter due to some EV credits expiring? It would probably look a lot worse if that hadn't contributed. I think the financials will next year will be more reflective of the true sentiment of the company.
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Tell me how Tesla is going to out-compete a vertically integrated manufacturer from Asia that is also the only source of high-speed/high-torque servomotors.
The US can’t even competitively build a robotic vacuum for Christ sakes. The only reason BYD hasn’t taken over is because they are straight up banned. It will be even worse with robots.
The US can’t even competitively build a robotic vacuum for Christ sakes. The only reason BYD hasn’t taken over is because they are straight up banned. It will be even worse with robots.
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I read today that Tesla also will discontinue the Model X and S and that the freemont factory is being retooled to make Optimus-robots.
If that makes Tesla fail faster I have no issue with it.
If that makes Tesla fail faster I have no issue with it.
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The decline is sold vehicles / decline in vehicle revenue is actually worse than it looks. Loosing sales in a rising market is much worse.
Tesla declined.
Tesla's competitors increased.
For a long time Tesla enjoyed first mover's advantages. For many markets, Tesla was the only real electric vehicle. The other manufacturers had poor attempts, but they were all less than sum of their parts. Now its flipped. Competitors have closed the gap and it many circumstances gone past Tesla.
Tesla is now just one of many options for electric vehicle... but with the drawback of Musk. Sure he has his fans that gladly would sacrifice their life for him, but boy does he turn many people of.
Tesla declined.
Tesla's competitors increased.
For a long time Tesla enjoyed first mover's advantages. For many markets, Tesla was the only real electric vehicle. The other manufacturers had poor attempts, but they were all less than sum of their parts. Now its flipped. Competitors have closed the gap and it many circumstances gone past Tesla.
Tesla is now just one of many options for electric vehicle... but with the drawback of Musk. Sure he has his fans that gladly would sacrifice their life for him, but boy does he turn many people of.
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Here we see a picture of Elon Musk with his latest Optimus robot 20 years from now, and just like today… don’t look under the mask.
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The 70% share of water transport for EU is weird.
Looking into details, they count ocean going ships that pass through territorial waters. This way Portugal looks like having a huge share of maritime traffic, but in fact this also counts Shanghai to UK ships passing through the ocean 50 km away from Lisbon. IMO this is misleading for any practical purpose.
What looks more real is 5:1 share of trucks in EU vs 3:2 share in the US. I would say trucks dominate the EU freight but they are more or less an equal player to rail in the US.
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A trillion isn't enough, it has to be at least a bazillion!
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Large enough companies have huge pools of money in different countries so they can actually make money from currency hedging and more (separately to the pricing policies that build in a certain amount of hedging on currency fluctuations). They need utterly ridiculous finance systems and there's only 2 or 3 suitable at that scale and the companies that provide them are the ones you all know and detest...people like Oracle or SAP. They use banks of course, but they don't need to ask their banks to transfer money - they're they're own SWIFT destination....
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And you only missed nailing it by “that much”: (https://www.quotes.net/mquote/741325)
“Tesla will slowly continue to circle the drain, an embattled and ultimately failing
*Testimonial from an actual Elite Ketamine Connoisseur.
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Funny article in the local newspaper. After 4 years new cars have to undergo their inspection here (Belgium). Roughly 50% of Teslas (model 3 and y) fail due to too much clearance in the suspension. It is a problem in multiple EU countries. Other brands, even the French ones do not have this issue.
I wonder who will be blamed for this. Oh no I don't. They probably blame EU inspection for being anti America.
I wonder who will be blamed for this. Oh no I don't. They probably blame EU inspection for being anti America.
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You are totally ignoring that grifting is their very best-selling product, with huge profit margins.
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As is true for even one, for a sufficiently large enough value of one. Check with Terrence Howard for a convincing mathemaniacal proof.
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I think Tesla has a potential future as an energy solutions provider, like charging stations and battery storage (both private and industrial). However, it would likely need to be spun off into a separate company from the car and AI parts. And that Elon Musk is completely disconnected from it.
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It’s still the only the sane choice for the long term survival of the company.
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GameStop would suggest that this isn't always the case. Dumb Money should be required viewing for everybody thinking about the wealthy these days.
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Ok.. So what are get actually being converted to? I'm certain it won't be to building those things.
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No, no, it's a robotics company, or is it a cab company? Nah, it's Elons personal piggybank!
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Since Elon's main product is hype, tying much of the value of his companies to a cult of personality, I wonder if major investors are keeping an eye on actuarial tables in their risk calculations.
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Oh man hard disagree about not wanting a robot that does all the things Optimus will totally definitely do for real.
But even if it did all those things, lol at the idea of ever, fucking ever putting a Nazi owned robot into my household and I'm white as the snow that locked my ass inside Dallas this weekend.
Never ever gonna happen.
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This handjob line deserves to be the featured comment on this article. I lost it.
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I'm even more bewildered at people here in continental Europe who still buy this brand which is now very well known for the poor quality, reliability, security and build issues, horrible resale value when the EU and Asian brands offer a far more compelling proposition.
And funding American fascism by the way goes a long way in the decision to avoid this brand altogether. Luckily, I live in a country where the YtY sales numbers have fallen off a cliff, so there's that.
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When prices go up after the stock exchange is closed, it is the stock exchange algorithms fiddling with the supposed price. Not any humans buying and selling.
Edit: I was trying for multiple days last week to sell most of my American stocks, but you could never sell at even the lowest price displayed after the stock exchange closed, they were all imaginary high values. I had to force my trading platform to allow me to sell under the official "market range" to be able to sell anything.
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It's a combination of charger fees and servicing fees, as well as subscriptions like FSD. For a conventional automotive business, parts and servicing costs form a large part of their profits. Tesla finally has a decent sized, aging fleet, so income from these is steadily increasing.
Of course it will never be especially high, since electric cars need very little servicing. This is the principal reason why legacy car manufacturers were so wary to enter this sector.
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