In Reply to: Musk and Tesla to part ways? Before he announced posted by HasBen on April 30, 2025 at 20:35:42
It's also because Analysts figured out what TSLA and Musk was hiding in the earnings. They are having to cut so much to sell cars now that to reach the sales goals Musk promised, they basically HAVE to sell the cars at a loss now.
See the attached chart which shows how the profit margin has been dropping for years and now is at a point where to get to what Elon promised they have to lose money on the deals.
This is another reason why Musk wanted inside the Trump administration he wants to get Trump to expand the deals on credits for electric vehicles so Tesla can sell them and make a profit. It's the only business they have