lovebrand
The Austin, Texas, company said Tuesday, April 22, that quarterly profits fell by 70% to $409 million, or 12 cents a share. Tesla’s revenue fell 9% to $19.3 billion in the January through March period, below Wall Street’s forecast.
The results come as the company struggles to sell cars to consumers angry over Musk’s leadership of a federal government jobs-cutting group that has divided the country and sparked protests. Musk also has publicly supported far-right politicians in Europe and alienated potential buyers there, too.