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Tesla profit tanked 46% in 2025 | TechCrunch
(techcrunch.com)
This is a most excellent place for technology news and articles.
I honestly don't know how Musks companies work.
Tesla makes cars. Cars don't sell, so profit drops. Musk uses SpaceX to buy Teslas. Tesla's profit declines, Musk says it's an AI company, then buys AI from his other AI company, which he funded from Tesla stock. Musk buys Twitter, twitter goes down in value. Musk buys Twitter from himself using xAI, for higher than its market value, then boasts stock gains?
So now Tesla is going to buy AI from himself, and build robots that were just pantomimed guys in suits... and somehow... profit???
I don't know what the fuck is going on in this world. But I would absolutely love to see Tesla's stock drop and all of this made up debt-financing fall apart like the house of cards it is. However, Musk saying "we're making robots now" seems to have nicely papered over what should be a massive stock decline. After his last one "Tesla isn't a car company, it's an AI company" now it's "Tesla isn't an AI company, it's a factory company".
It's simple in its principal, really..
Some facts:
So you basically come up with some excuse for moving stuff around, then you come up with some excuse to siphon off some of that good stuff.
Fuck that shit. Companies being their own legal entity was a mistake.
He’s Elizabeth Holmes on a global scale. He grifts money from the governments