The company missed Wall Street expectations, despite its core automotive segment generating just over $20 billion in revenue, up 23 percent from a year ago.
How the fuck did it make $20 billion? How the fuck did it make 23% more than last year? Who the fuck is still buying this shit?
As always, people have short memories, or just do not give a shit about ethics
https://www.nytimes.com/2026/06/26/business/tesla-elon-musk-europe.html
Tesla’s vehicle sales rose 77 percent from January through May compared with a year earlier, the European Automobile Manufacturers’ Association said this week. In May, Tesla sold 22,000 cars in Europe. That’s more than Ford, Nissan or Honda, even when including their fossil-fuel models.
Many people seem to have put aside their personal feelings about Mr. Musk after Tesla cut prices for its entry-level models to levels that are competitive with comparable gasoline or diesel vehicles and inexpensive cars from China. In some countries, Tesla’s Model Y sport utility vehicles can be leased for less than 300 euros, or about $340, a month.
“Once you go down the pricing scale, people pay less attention to ethics or morality,” said Matthias Schmidt, an independent analyst in Berlin who tracks electric vehicles sales. “Tesla’s product has become so appealing from a price perspective, it’s almost too good to refuse.”
Wall Street spent years pricing Tesla like a future AI empire instead of a car company. Now investors are getting a reminder that robotaxis, humanoids and promises don’t magically pay today’s bills. Reality has an annoying habit of showing up right after earnings season.
How do you lose money selling electric cars when two oil critical straits are blocaded
By having your CEO come out as a fascist, pissing off the demographic that tends to buy EVs and also stagnating while allowing your competitors to catch up.
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Teslas are objectively last Gen. The only reason they still sell well in the US and some other markets is tariffs.
By pivoting to humanoid robots and LLMs.
In the US, the market has soured on EVs and the federal tax credits have gone away.
Outside the US, China is eating their lunch.
That makes sense because the country is ass backwards
I’m sure he’ll go crawling back to Donny T, they’ll hug it out and this time next year it’ll be at an ATH.
Wake me up when it goes below $142
Proper price for this stock is $15
Maybe if Elon throws out a few more Nazi salutes, it will fix the problem. Surely that will increase sales.
“I’m just showing the stock graph in what direction to go”
tesla has had disastrous earnings in the past and it hasn’t bothered the investors before. what charged?
I think in the eyes of many investors, Elon has lost whatever mojo they thought he had. As Elon never had any mojo to speak of, this mostly just means the investors are finally catching up with reality.
Could be that some of the irrational Musk fanboys have moved their money over to Spacex? Could also be a complete coincidence though given past Tesla price movements.
Absorption by SpaceX incoming.
I mean, it would still make more sense than SpaceX + xAI. Unlike a data center, a Tesla did actually go to space
Headline conveniently phrased to attract clicks from certain segment of internet users.
that’s usually the goal of a headline
Futurism’s are particularly egregious. It exists to get clicks, and I mean in a way that clearly none of its writers give a single shit.
This headline and story in particular are okay enough, but in general, Futurism will take scraps and turn it into “[x person/business/industry our readerbase doesn’t like] is literally shitting its pants and DYING”.
Every headline, really…
I’m just part of that group recognizing when I’m being manipulated.
Chat, is it good when a stock is down 28% YTD?
I think people are tired of these headlines because we’ve seen the same thing for many companies, without lasting consequences. It’s even worse for elon musk related stocks, because of how much manipulation those ones go through.
I don’t have a source, so take it with a grain of salt, but I vaguely remember a discussion that one of his companies couldn’t remove him because the stock was artificially inflated by his presence. It might have been tesla
There is another problem which keeps stocks like Tesla afloat when it really should have tanked a long time ago: Index funds based on indexes like S&P 500 etc., where investors are automatically buying Tesla stock when buying into the fund, which stabilizes the stock in question. Musk knows this and that was the exact reason why he tried to get indexes to bend the rules of inclusion for spaceX to be included in indexes earlier than usual. The grave consequences are people investing in index funds are directly milked. Pension funds often include indexes, so what Musk is doing there is in effect trying to steal from people who did not actively invest in SpaceX.
Not sure it quite qualifies as a free fall yet, we can all hope though.
Its been a large sudden drop
But its still over 300.
And it hasnt been under 300 since summer 2025
If you’re a short seller, yes it is!
I’ll admit it made me slightly giddy for a few seconds.
I needed those seconds though, so I’ll take em.
