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Bulwark Takes

Tesla Sales Collapse 71%! Elon’s Terrible, Horrible, No Good, VERY Bad Quarter

Bulwark Takes

The Bulwark

Society & Culture, News Commentary, News, Politics

4.71.2K Ratings

🗓️ 23 April 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

Tim Miller and Sam Stein unpack Tesla’s disastrous quarter and Elon Musk’s uncertain future in government as Tesla sales plunge a whopping 71%, and his unpopularity is higher than ever.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, it's me, Sam Stein, managing editor at the Bork.

0:02.4

I'm joined by Tim Miller, and we're heard to talk about Tesla.

0:06.5

Some pretty poor earnings numbers in their first quarter earnings reports.

0:10.2

Elon Musk addressing this and then also revealing in the call that he is likely to get out of Dodge in May.

0:18.6

And get on Doge.

0:20.3

Doge.

0:22.2

That's pretty good.

0:23.8

Good dad joke.

0:24.8

I introduced my daughter to Alexander last night, Sam.

0:27.6

She never read Alexander before last night.

0:29.9

And?

0:30.3

So, loved it.

0:32.1

What kid doesn't love it?

0:33.5

Just kind of living vicariously through another child's horrible day?

0:54.2

And what a grown person doesn't love that, as we're about to do. Just, it's just like, oh, no, Elon, oh, no, the earnings got worse. Oh, the numbers are going down even more. Oh, he might be kicked out of Doge. Oh, nobody likes Elon. That's too bad. Isn't it, aren't you sad for him? I'm not sad.

0:55.0

No, I think he did this to himself.

0:56.7

Here are the data points and then I'll get your reaction.

0:58.6

Net income for Tesla down 71%.

1:01.4

Musk said that companies earning 27 cents per share.

1:05.5

That was well below expectations of 41 cents.

1:09.5

The thing I liked from the Wall Street Journal article of this was they said,

1:14.2

must quote, sigh deeply when asked to address Trump's trade war and made the case that

...

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