Tesla released its first quarter financial earnings today, offering another peak into the crisis currently enveloping Elon Musk’s company.
Tesla said it earned $409 million in net income on $19.3 billion in revenue. That represents a 9.4 percent decrease year over year compared to $21.3 billion in revenue in Q1 2024 and a stunning 71 decrease in net income. The company’s automotive revenue — the money is earns from car sales — slid 20 percent year over year, from $17.4 billion in Q1…
