Tesla released its first quarter financial earnings today, offering another peak into the crisis currently enveloping Elon Musk’s company.
Tesla said it earned $409 million in net income on $19.3 billion in revenue. That’s below Wall Street expectations of $21.1 billion and represents a 9.4 percent decrease year over year compared to $21.3 billion in revenue in Q1 2024. The company’s profits also slid dramatically, logging a 71 decrease in net income for the first quarter. And…
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