MicroWave@lemmy.world to News@lemmy.worldEnglish · 23 days agoTesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimateswww.cnbc.comexternal-linkmessage-square32linkfedilinkarrow-up1372arrow-down12file-text
arrow-up1370arrow-down1external-linkTesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimateswww.cnbc.comMicroWave@lemmy.world to News@lemmy.worldEnglish · 23 days agomessage-square32linkfedilinkfile-text
KEY POINTS Tesla missed on the top and bottom lines in its first-quarter earnings report. Automotive revenue plunged 20% from a year earlier. The stock, down 41% so far this year, was little changed in extended trading.
minus-squareMrNesser@lemmy.worldlinkfedilinkarrow-up7·23 days agoIsn’t most of Tesla made in countries other than the US? Tariffs are going to hit bad
minus-squarebadbrainstorm@lemmy.worldlinkfedilinkEnglisharrow-up10·23 days agoI’m sure Tesla will make the governments tariff exempt list
minus-squarePattyMcB@lemmy.worldlinkfedilinkarrow-up5·edit-223 days agoThat market is tanking hard, too
minus-squarebitchkat@lemmy.worldlinkfedilinkEnglisharrow-up5·23 days agoAll vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkarrow-up2·edit-223 days agoTealas are the most American made car multiple years running. On the earnings call they said something like 85% of the parts also come from North America which is far greater than other OEMs.
Isn’t most of Tesla made in countries other than the US?
Tariffs are going to hit bad
I’m sure Tesla will make the governments tariff exempt list
That market is tanking hard, too
All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
Tealas are the most American made car multiple years running.
On the earnings call they said something like 85% of the parts also come from North America which is far greater than other OEMs.