MicroWave@lemmy.world to News@lemmy.worldEnglish · 2 months agoTesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimateswww.cnbc.comexternal-linkmessage-square68fedilinkarrow-up1564arrow-down13file-text
arrow-up1561arrow-down1external-linkTesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimateswww.cnbc.comMicroWave@lemmy.world to News@lemmy.worldEnglish · 2 months agomessage-square68fedilinkfile-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-up14·2 months agoIsn’t most of Tesla made in countries other than the US? Tariffs are going to hit bad
minus-squarebadbrainstorm@lemmy.worldlinkfedilinkEnglisharrow-up18·2 months agoI’m sure Tesla will make the governments tariff exempt list
minus-squarebitchkat@lemmy.worldlinkfedilinkEnglisharrow-up8·2 months agoAll vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
minus-squarePattyMcB@lemmy.worldlinkfedilinkarrow-up7·edit-22 months agoThat market is tanking hard, too
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkarrow-up3·edit-22 months 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
All vehicles sold in North America are assembled in Fremont CA or Austin TX. But they still pay tariffs on components they import.
That market is tanking hard, too
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.