Tesla reported a disastrous first-quarter earnings, revealing a staggering 71% drop in net income compared to last year. The company's revenue has also declined by 9%, with a particular 20% drop in car business revenue. Criticism has mounted against CEO Elon Musk, whose controversial views and involvement with government efficiency issues have been seen as detrimental to the brand. Investor concerns grow as sales worldwide plummet, and experts warn of a 'code red' situation, urging Musk to refocus on the company.
"Musk needs to leave the government, take a major step back on DOGE, and get back to being CEO of Tesla full-time... Tesla is Musk and Musk is Tesla."
"Tesla has missed analysts' expectations, reporting a staggering 71 percent slide in net income compared to last year. Revenue overall is down 9 percent."
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