Elon Musk now owns Twitter

I tell you, it's a fucking cult.

  • Tesla reported a 9% drop in revenue in the first quarter, the steepest year-over-year decline since 2012.
  • As of Tuesday’s close, the company’s stock price is down more than 40% this year as Tesla faces increased competition across the globe.
  • Sales growth across EVs is slowing, and Tesla and key rivals have been slashing EV prices, on and off for months, to try to spur demand.
Revenue declined from $23.33 billion a year earlier and from $25.17 billion in the fourth quarter. Net income dropped 55% to $1.13 billion, or 34 cents a share, from $2.51 billion, or 73 cents a share, a year ago.​
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And the stock goes UP because Musk says that a cheap car he cancelled he's now going to make and it'll go on sale sometime at the end of 2025.

:rolleyes:

People are fucking stupid and deserve to lose every last dime they have.
 
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gizmodo.com

Tesla Quietly Removes All U.S. Job Postings

It sure looks like Tesla has a hiring freeze after weeks of "hardcore" layoffs.
gizmodo.com gizmodo.com

As of Wednesday, just three positions were listed on Tesla’s job board. They’re all for jobs to join its manufacturing development program in Texas, California, or Nevada, a seven-week training program that promises the “opportunity to transition into a full-time Production Associate” at a Tesla factory.

That’s a far cry from the more than 3,400 postings that were offered across the United States, Mexico, Canada and Puerto Rico as of May 1, according to an archived version of Tesla’s career webpage.
Click to expand...
 
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From the article:

X raised the price drastically for various companies to implement services tied to the platform on their own devices.​
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More Elon Musk desperation. Jack the hell out of the price to the point he gets 100% of nothing.
 
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