Elon Musk reaches the find out phase:
Tesla profits drop 61 percent after Elon's year of full blown fascism.
Discussion
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@randahl Will he ever find out the true reason for this?
@randahl but revenue stayed more or less the same. That means people were still giving Tesla the same amount of money as in 2024, but Tesla had more expenses..
@randahl Am I the one who doesn't understand economics, or has the market gone crazy? These three sentences all come from the same article:
👉 Revenue fell 3 percent year-on-year to $24.9bn in the final quarter of 2025.
👉 Net profit fell 61 percent to $840m in the quarter, taking profit for the year to $3.8bn, down sharply from $7.1bn in 2024.
👉 Tesla shares rose about 2.2 percent in after-hours trading.
@WvOostveen that is the strategy, yes.
Elon could have admitted it was a mistake to support Trump, but of course that would involve admitting it was a mistake to support Trump, and of course The Dark Maga Overlord does not admit mistakes.
@randahl Tesla’s stock price is the death certificate of capitalism. The public mistakes it for a sign of life.
If capitalism worked even remotely as advertised, Tesla’s stock price would have plummeted long ago.
It is just theater, and badly written at that. 😏
@randahl Weird that Tesla is stopping making its model S and X. A car company giving up on making cars. It's planning to make robots which will be too expensive and useless. This is terrible leadership. Making the Cybertruck instead of a smaller, cheaper model was mad. It's handed the future to China and Europe for smaller electric cars. The new, small models from Renault and Citroen look great. https://www.theguardian.com/technology/2026/jan/28/tesla-q4-earnings-estimates-elon-musk
