How bad are things at Tesla? So bad that it would have lost money in the first three months of the year had it not been the sale of regulatory credits, credits that could be going away if the Trump administration gets its way on auto emissions rules.
Great points all around, well thought out and reasoned. There’s just one problem: slowing growth won’t save them if nobody buys their rolling dumpsters anymore lmfao.
I mean we’ll have to see how bad things get, but there’s a long ways to go from now to sales so low even the energy business can’t cover the costs of the facilities and staff even if they stop most of the capital intensive projects, idle the lines, and try to turtle while working on kicking Elon out and reorganizing.
Edit: just to clarify, the commercial energy business isn’t going to get hit as hard as the consumer vehicles market. I don’t expect to see such a huge slump there compared to the consumer vehicles.