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LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars
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LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars

Ellsworth Toohey
Apr 28, 2025
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LOL: Tesla's profits nosedive 71% while Elon keeps promising robot cars
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Phil Pasquini / Shutterstock.com

Remember when Tesla was worth more than every other car company combined? Today, Tesla's profit margins are thinner than Elon's hairline transplant, reporting a 71% nosedive in net income, and the only thing keeping them profitable is selling regulatory credits to other automakers – basically a $595 million allowance from…

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