Elon Musk shocks investors after Tesla profits plunge 71%: ‘If the ship of America goes down, Tesla will go with it’ – CSN News

Elon Musk’s erratic behaviour under fire again as Tesla profits nosedive — here’s what’s really going on.

Elon Musk’s eccentricity is catching up to Tesla. Musk has announced that he is stepping away from politics after a 70% drop in profits and global boycotts. Is it too late or too little?

Hold on to your charging cables, folks — Tesla’s taken a shock to the system. Who is at the center of this electrical storm? The billionaire tech mogul, and Twitter/X agitator in chief. Elon Musk. What can only be called a high-voltage meltdownTesla’s First-Quarter Profit The crash and burnThe net income plummeted by a shocking 71% Year on year. Revenue? Revenue? Car sales? The sales of cars have fallen by an agonizing 20%. What about shareholders? Tesla stockholders are frantically clutching their portfolios. Half a In recent months. What’s the reason for this once unstoppable EV to go off the road?

Elon Musk: too many tweets and not enough Teslas

Critics are pointing the finger squarely at Musk himself — and not just for his penchant for throwing Twitter tantrums. His controversial work in the Department of Government Efficiency – complete with CIA blunders and Ebola scandals – has seen him slash social programmes and expel thousands of public sector workers. Cue nationwide protests — not outside government buildings, mind you, but Tesla showrooms. Why? Tesla has been a subject of controversy for some. It is a good idea to use a bilingual translator Musk. And Musk is, well… divisive. He’s the real Mr Marmite. Some people love him and others hate him but he does not leave anyone indifferent.

Some disgruntled consumers have taken extreme measures, including boycotts and bumper makeovers. Teslas disguised as other brandsJust to avoid being associated the man himself.

‘If America sinks, Tesla Will sink

Musk made a statement that could have been taken from a Hollywood disaster movie.

Tesla will follow the ship of America if it goes down. he said, according to CNN. Blimey, Elon — ever heard of Cheer up your investors?

The DOGE days have ended (sort of).

Another thorn on Tesla’s back? Musk’s obsession with Dogecoin. The crypto-meme that started out as a prank is now a real currency. Elon Musk has been criticized by shareholders for chasing crypto-rainbows while Tesla’s profit is tanking. As if a genius has ADHD and forgets to steer his ship away from icebergs because he’s too busy reinventing Hungry Hungry Hipos — but with blockchain.

But do not worry! SpaceX’s supreme commander says he is not afraid! Now Reduce the amount of money you spend Just one or two DOGE days per weekMusk promised to refocus his attention on Tesla. Musk promised that he would reduce his government responsibilities and focus more on Tesla after promising to do so. After-hours trades saw the stock jump more than 5% — likely because investors saw it as a sign he’d Finally, Regain control of the vehicle

The future is bright: lower-cost cars, a more focused focus

Tesla announced its plans to launch a new model in order to boost the appeal of its brand. more affordable electric vehicles by the end of June — a move seen as key to surviving the electric arms race.

Musk, however, insists that he’s still in the fight.

‘I think the right thing to do is fight the waste and fraud and try to get the country back on the right track,’ He said it with the subtlety and wit of someone trying to rewrite US Constitution in between emails.

Why Tesla still matters

Despite the drama surrounding Tesla, the company remains the king in the US of EVs. Tesla has led the electric revolution faster and further than any other brand. Electric cars are vital to reducing emissions and cleaning our air.

Experts say that gas-powered vehicles emit pollutants. Fry the planet, and you’ll fry your lungs. Tesla’s mission, at least in theory, is to be part of the cure — not the cause.

Musk has the ability to do it. Keep his eyes on road You can also find out more about veers Off into You can also read more about it here. It remains to be determined if there will be another detour in the political process.

What do you think? Is Elon a diva or a genius who is misunderstood? Tesla should distance itself from Elon Musk, its eccentric figurehead. Comment and let us know!

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