The Damage Report
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Elon Musk Dealt MASSIVE Blow In Crushing Tesla Data News After Company Plummets
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April 23, 2025
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5:51Now PlayingElon Musk gets rocked with the bad news after destroying his own company, as the awaited first quarter earnings data for Tesla is revealed, proving earnings have dropped over 70% in combination with their sinks stock price, even with short rises, it has mostly continued to decline. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Tesla earnings plunge 71 percent in first quarter
"Tesla’s quarterly earnings dropped by 71 percent, the company announced Monday, marking the latest sign of bad news for Elon Musk’s electric vehicle manufacturer as scrutiny of the tech billionaire persists.
The electric vehicle company reported a 9 percent decline in revenue for the first three months of this year. Its earnings totaled $409 million, down from $1.4 billion in the first quarter of last year, the company said.
Tesla’s stock closed Tuesday afternoon at $238 a share, a nearly 37 percent drop from the beginning of the year. "
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250423__DR01Tesla
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