TSLA - Tesla Motors Inc (NASDAQ)

[IFocus]

People I know who bought a Tesla did so just for the sheer grunt after being in one and having the wrinkles removed from my face on acceleration I can see why.

 

[farmerge]

People I know who bought a Tesla did so just for the sheer grunt after being in one and having the wrinkles removed from my face on acceleration I can see why.

@IFocus I was at the Roe Hwy Toodyay intersection a few months ago alongside a Tesla, the driver being a pretty good looking blonde sort.
I was in my trusty L/C tray top a bit slow off the mark but has a bit of grunt once it is rolling.
Well she tramped it and all we saw was her rear end fading away in the distance up Toodyay Road.
No doubt she got her jollies from that standing start to whatever little seconds it took to hit whatever speed she got to.

 

[JohnDe]

Thanks for that John. I'm travelling long distance much less if not rarely now ( for me that is 1-3000k ) and have been comparing Tesla with BYD on reviews for city driving. BYD are making a big push advertising atm. and many of the reviews are obviously biased so it is good to hear from someone with hands on experience. I like the Tesla and would buy one tomorrow should the screws be put further on Elon and there is a sudden drop in the price of the new Y.

gg

The outgoing 2025 Model Y has had a significant price discount as they clear stock for the 2026 Model Y.

I’ve ordered the 2026, comes in June. My mate took my Model 3 for a 3 hour test drive last Saturday, fell in love with it and is buying it from me when the Y is delivered. He has MS, which is affecting Is sense of feeling in his feet, and said that the driving configuration and adjustments make driving easier than his SUV Mercedes, especially the one foot driving. Not having to apply the brake pedal Is a lot easier for him.

 

[sptrawler]

It will be interesting to see if the tariff war affects Tesla, apparently they import some components from China, maybe the close relationship with Trump may give Elon a bit of breathing space.

 

[Knobby22]

It will be interesting to see if the tariff war affects Tesla, apparently they import some components from China, maybe the close relationship with Trump may give Elon a bit of breathing space.

Yes. How will they get the permanent magnets for the engines since China is blocking their export now?
Or do they make their own?

 

[JohnDe]

It will be interesting to see if the tariff war affects Tesla, apparently they import some components from China, maybe the close relationship with Trump may give Elon a bit of breathing space.

The Australian delivered Tesla's are manufactured in China, no issues with tariffs for our imported models. If anything, we may start to see some price drops as Chinese parts manufacturers stock levels increase and the difficulty of selling to the US.

There is already mention of cheap Chinese batteries flooding our market, threatening our own industry - Trump’s tariffs stoke Chinese battery dumping fears, intensifying cyber attack risk

China is set to “dump” more of its home batteries on Australians in the wake of Donald Trump’s crippling tariffs, as Anthony Albanese pledges to contribute $4000 to each household looking to store their own solar power.​

​

That’s the assessment of Brian Craighead, chief executive of Energy Renaissance, which has developed what it calls Australia’s only “cyber-secure” battery with the CSIRO.​

 

[JohnDe]

When viewing tariffs in the grand scheme of things, they represent government intervention in the marketplace. Tariffs are the antithesis of free market economics. Many of the arguments used to further the adoption of tariffs are perceptions of market failures. The one over-riding theme is that whatever the perceived problem may be, government is the solution. And even when perceptions of the problems are demonstrably wrong, tariff supporters still want a government solution. In total frustration one such tariff advocate in response to Elon Musk’s paper advocating free trade referred to Elon Musk as “a car salesman who doesn’t understand and only wants to protect his own interests.” Has he never heard of Musk’s rewriting of the book of entrepreneurship, namely Musk’s business accomplishments? To name a few: the Zip2 disruption of the Yellow Pages; Paypal; Tesla, at once an unheard-of car company startup and the electric-vehicle pioneer; SpaceX, getting NASA out of its decades-long funk (even to the degree of rescuing its pair of nine-month-stranded-in-space astronauts); Starlink, globally busting the “cable-guy” monopoly in internet service; Twitter/X, which has put legacy media to pasture; the Boring Company; Hyperloops; the Neuralinks that give new functionality to victims of paralysis; XAI; the now totally reasonable prospect of planting civilization on Mars. Howard Hughes, Jacob Astor, John D. Rockefeller, George Westinghouse, and the whole honor roll of top entrepreneurs of the past salute you from the beyond, Mr. Musk.​

THE TRUTH ABOUT TARIFFS AND TRADE [Updated 04/14/2025]
By Arthur B. Laffer Ph.D.

 

[Knobby22]

When viewing tariffs in the grand scheme of things, they represent government intervention in the marketplace. Tariffs are the antithesis of free market economics. Many of the arguments used to further the adoption of tariffs are perceptions of market failures. The one over-riding theme is that whatever the perceived problem may be, government is the solution. And even when perceptions of the problems are demonstrably wrong, tariff supporters still want a government solution. In total frustration one such tariff advocate in response to Elon Musk’s paper advocating free trade referred to Elon Musk as “a car salesman who doesn’t understand and only wants to protect his own interests.” Has he never heard of Musk’s rewriting of the book of entrepreneurship, namely Musk’s business accomplishments? To name a few: the Zip2 disruption of the Yellow Pages; Paypal; Tesla, at once an unheard-of car company startup and the electric-vehicle pioneer; SpaceX, getting NASA out of its decades-long funk (even to the degree of rescuing its pair of nine-month-stranded-in-space astronauts); Starlink, globally busting the “cable-guy” monopoly in internet service; Twitter/X, which has put legacy media to pasture; the Boring Company; Hyperloops; the Neuralinks that give new functionality to victims of paralysis; XAI; the now totally reasonable prospect of planting civilization on Mars. Howard Hughes, Jacob Astor, John D. Rockefeller, George Westinghouse, and the whole honor roll of top entrepreneurs of the past salute you from the beyond, Mr. Musk.​

THE TRUTH ABOUT TARIFFS AND TRADE [Updated 04/14/2025]
By Arthur B. Laffer Ph.D.

Saw Trump is isolating him.

Trump Axed Elon Musk’s Secret Pentagon Meeting in Pure Outrage

Elon Musk is finally facing (some) consequences for trying to play president.

www.yahoo.com

 

[qldfrog]

The Australian delivered Tesla's are manufactured in China, no issues with tariffs for our imported models. If anything, we may start to see some price drops as Chinese parts manufacturers stock levels increase and the difficulty of selling to the US.

There is already mention of cheap Chinese batteries flooding our market, threatening our own industry - Trump’s tariffs stoke Chinese battery dumping fears, intensifying cyber attack risk

China is set to “dump” more of its home batteries on Australians in the wake of Donald Trump’s crippling tariffs, as Anthony Albanese pledges to contribute $4000 to each household looking to store their own solar power.​

​

That’s the assessment of Brian Craighead, chief executive of Energy Renaissance, which has developed what it calls Australia’s only “cyber-secure” battery with the CSIRO.​

"There is already mention of cheap Chinese batteries flooding our market, threatening our own industry - "
I spent 4 days out West and Australia managed to build a battery industry
More realistically, a few wannabees hooked on subsidies teats and grand promises are getting scared.
But we can expect indeed a flood of cheaper goods unless our wise politicians start angering the middle kingdom again

 

[qldfrog]

DeWhen viewing tariffs in the grand scheme of things, they represent government intervention in the marketplace. Tariffs are the antithesis of free market economics. Many of the arguments used to further the adoption of tariffs are perceptions of market failures. The one over-riding theme is that whatever the perceived problem may be, government is the solution. And even when perceptions of the problems are demonstrably wrong, tariff supporters still want a government solution. In total frustration one such tariff advocate in response to Elon Musk’s paper advocating free trade referred to Elon Musk as “a car salesman who doesn’t understand and only wants to protect his own interests.” Has he never heard of Musk’s rewriting of the book of entrepreneurship, namely Musk’s business accomplishments? To name a few: the Zip2 disruption of the Yellow Pages; Paypal; Tesla, at once an unheard-of car company startup and the electric-vehicle pioneer; SpaceX, getting NASA out of its decades-long funk (even to the degree of rescuing its pair of nine-month-stranded-in-space astronauts); Starlink, globally busting the “cable-guy” monopoly in internet service; Twitter/X, which has put legacy media to pasture; the Boring Company; Hyperloops; the Neuralinks that give new functionality to victims of paralysis; XAI; the now totally reasonable prospect of planting civilization on Mars. Howard Hughes, Jacob Astor, John D. Rockefeller, George Westinghouse, and the whole honor roll of top entrepreneurs of the past salute you from the beyond, Mr. Musk.​

THE TRUTH ABOUT TARIFFS AND TRADE [Updated 04/14/2025]
By Arthur B. Laffer Ph.D.

Tariffs are indeed a market failure consequence but some market failures can also be a sign of trade "unfairness".
Some unfairness are self imposed: look at our own industry: regulations, taxation and productivity killing legislation but others are more active and from the trading partner: subsidies, currency exchange, closed markets or obviously tariffs there.
Not putting tariff would also then be just denial, not a celebration of free trade but of economic suicide.

 

[farmerge]

"There is already mention of cheap Chinese batteries flooding our market, threatening our own industry - "
I spent 4 days out West and Australia managed to build a battery industry
More realistically, a few wannabees hooked on subsidies teats and grand promises are getting scared.
But we can expect indeed a flood of cheaper goods unless our wise politicians start angering the middle kingdom again

We are certainly living in interesting times. It will have to be seen if anti-dumping regulations will come into play if anything like that happens

 

[Knobby22]

Quarterly earnings report.

Tesla said it had earned $409 million, down from $1.4 billion in the first quarter of 2024. The company previously reported net profit of $1.1 billion last year, but revised the figure to reflect changes in the way cryptocurrency assets are valued.

Tesla sales have been slumping because of intense competition from Chinese carmakers like BYD, a lack of new models and Mr. Musk’s support of far-right causes, which has turned off some liberals and centrists from buying Tesla vehicles.

 

[DannyB0000]

 

[basilio]

The crash in Tesla sales and profits can't be under estimated. Probably more concerning is wondering "where to from now" ?

There is no clear way to returning to profitability for Tesla. The Cyber truck is disaster in terms of sales, profits and finally the total recall of all cyber trucks to fix parts that were falling off. The Model 3 and Model Y are still great vehicles but competition from China and other countries offerings are now undermining their perceived value. The number of Teslas being traded in by customers who don't want to be associated with Elon Musk is cratering used Tesla values.

On top of all this many of the best and brightest of Teslas staff/management have either been sacked or decided to get out. That can't be going well.

Electrek did a deep dive into the figures. It's not pretty. In fact one of the biggest contributors to Teslas income was the sale of regulatory credits worth $595m in the March Quarter.

Tesla (TSLA) Q1 2025 financial results: missed big on already terrible expectations​

Fred Lambert | Apr 22 2025 - 1:07 pm PT

187 Comments

Tesla (TSLA) released its financial results and shareholders’ letter for the first quarter (Q1) and full-year 2025 after market close today.
We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

Tesla Q1 2025 earnings expectations​

As we reported in our Tesla Q1 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $21.345 billion in revenue and earnings of $0.41 per share.
The expectations had been significantly downgraded over the last month, as analysts were surprised by Tesla’s announcement of much lower deliveries than expected in the first quarter.

Did Tesla meet them?

Tesla Q1 2025 financial results​

After the market closed today, Tesla released its financial results for the first quarter and confirmed that it missed expectations with earnings of $0.27 per share (non-GAAP), and it also missed revenue expectations with $19.335 billion during the last quarter.
This is a big miss for Tesla despite the company admitting to selling a lot more regulatory credits this quarter.

At $595 million in credit sales, Tesla would have lost money without it in Q1 2025:

Top comment by Philip234​

Liked by 43 people

“Strip out regulatory credits, net interest income and also adjust for the “other” loss, and operations generated a pre-tax loss of ~$200 million in the first quarter.”
Liam Denning
Tesla back to losing money on its operations.

View all comments

In short, Tesla is on the verge of being a money-losing company.

We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts):

• Tesla (TSLA) begins to shy away from growth guidance after terrible quarter
• Here are all the crazy claims Elon Musk made about Tesla self-driving today
• Tesla once again tells its own CEO Elon Musk to knock it off with the politics

Tesla (TSLA) Q1 2025 financial results: missed big on already terrible expectations

Tesla (TSLA) released its financial results and shareholders’ letter for the first quarter (Q1) and full-year 2025 after market close...

electrek.co

 

[basilio]

Couple of salient observations from the comments section after the Tesla profit crash analysis.


4 hours ago

I think Q2 will be worse. Cybertruck recall cost will be impacted in Q2. Tariff cost are mostly in Q2. Combined with more sales drop and potential economic down turns, the Q2 drop may be even greater.

3 hours ago

Didn't tariffs get announced April 2? In which case ALL of tariff cost will be borne in Q2 forward. None were incurred in Q1. And protests are not going away, DOGE still destroying the government. Q2 will likely be a bigger disaster.

.....................................................................................................................

43 minutes ago

I think we should brace for the REAL impact in the not so near future when Tesla must reimburse paid customers of FSD AND the class action suit to follow for each and every Tesla owner who bought their Tesla vehicles under the presumption it could generate revenue as a (Level-5 autonomous) RoboTaxi AND those who anticipated their vehicles allowing them to sleep while their FSD-enabled (Level-5 autonomous) car would transport them down the interstate. When that day of reckoning occurs, all bets are off.
...................................................................................................

4 hours ago

“Strip out regulatory credits, net interest income and also adjust for the “other” loss, and operations generated a pre-tax loss of ~$200 million in the first quarter.”
Liam Denning
Tesla back to losing money on its operations.

 

[basilio]

Hey guys... I just want to be the first to admit that I was wrong about Elon's 56 billion dollar bonus package. Clearly, based on these Q1 results, Elon really did deserve that bonus....and only a fool would say otherwise. (I kind of feel embarrassed now to say that I was against it.)

 

[SirRumpole]

@IFocus I was at the Roe Hwy Toodyay intersection a few months ago alongside a Tesla, the driver being a pretty good looking blonde sort.
I was in my trusty L/C tray top a bit slow off the mark but has a bit of grunt once it is rolling.
Well she tramped it and all we saw was her rear end fading away in the distance up Toodyay Road.
No doubt she got her jollies from that standing start to whatever little seconds it took to hit whatever speed she got to.

You probably would have passed her at the charging station.

 

[farmerge]

You probably would have passed her at the charging station.

@SirRumpole Well, Sir R, she certainly tramped the accelerator.

 

[basilio]

Tesla is having a hard job of selling its cars in China. The local Tesla dealerships are absolutely pounding their staff to make targets.
So, Tesla is cratering Europe. Sales have also collapsed in the US , Tesla's market in China is being eaten by teh rapisly improving home grown product.

Where will Tesla start selling more cars in 2025/6 ?

Tesla is being squeezed out of the Chinese market, workers are being pushed to their limits​

Fred Lambert | Apr 21 2025 - 10:34 am PT

86 Comments

Tesla is being squeezed out of the Chinese market, and the pressure is currently falling on the sales workers, who are reportedly being pushed to their limits.

Over the last few years, Chinese automakers have stepped up their game significantly, and they are now not only competitive at the lower end of the market with affordable electric vehicles. They are also starting to put pressure on higher-end automakers, like Tesla.
China is the world’s biggest EV market by a significant margin, and it has been a critical part of Tesla’s growth phase from 2020 to 2023.
But now Tesla is facing incredible competition from the likes of BYD, Xiaomi, NIO, Li Auto, and others.

Tesla is being squeezed out of the Chinese market, workers are being pushed to their limits

Tesla is being squeezed out of the Chinese market, and the pressure is currently falling on the sales workers, who...

electrek.co

 

[farmerge]

Tesla is having a hard job of selling its cars in China. The local Tesla dealerships are absolutely pounding their staff to make targets.
So, Tesla is cratering Europe. Sales have also collapsed in the US , Tesla's market in China is being eaten by teh rapisly improving home grown product.

Where will Tesla start selling more cars in 2025/6 ?

Tesla is being squeezed out of the Chinese market, workers are being pushed to their limits​

View attachment 198023 Fred Lambert | Apr 21 2025 - 10:34 am PT

86 Comments

View attachment 198024
Tesla is being squeezed out of the Chinese market, and the pressure is currently falling on the sales workers, who are reportedly being pushed to their limits.

Over the last few years, Chinese automakers have stepped up their game significantly, and they are now not only competitive at the lower end of the market with affordable electric vehicles. They are also starting to put pressure on higher-end automakers, like Tesla.
China is the world’s biggest EV market by a significant margin, and it has been a critical part of Tesla’s growth phase from 2020 to 2023.
But now Tesla is facing incredible competition from the likes of BYD, Xiaomi, NIO, Li Auto, and others.

Tesla is being squeezed out of the Chinese market, workers are being pushed to their limits

Tesla is being squeezed out of the Chinese market, and the pressure is currently falling on the sales workers, who...

electrek.co

@basilio I now wonder if the Muskrat will start blaming The Trumpet for the demise of his car industry in China and perhaps elsewhere.