{"id":82000,"date":"2025-04-23T13:59:12","date_gmt":"2025-04-23T17:59:12","guid":{"rendered":"https:\/\/autosector.com\/?p=82000"},"modified":"2025-04-23T13:59:12","modified_gmt":"2025-04-23T17:59:12","slug":"tesla-tsla-stock-surges-elon-lies-despite-disastrous-earnings","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=82000","title":{"rendered":"Tesla (TSLA) stock surges on Elon&#8217;s lies despite disastrous earnings"},"content":{"rendered":"<figure class=\"img-border featured-image\">\n\t<img fetchpriority=\"high\" width=\"1600\" height=\"849\" src=\"https:\/\/electrek.co\/wp-content\/uploads\/sites\/3\/2022\/06\/Elon-Musk-at-Tesla-company-wide-meeting-2022.jpg?quality=82&amp;strip=all&amp;w=1600\" class=\"skip-lazy wp-post-image\" alt=\"Elon Musk at Tesla company wide meeting 2022\" srcset=\"https:\/\/i0.wp.com\/electrek.co\/wp-content\/uploads\/sites\/3\/2022\/06\/Elon-Musk-at-Tesla-company-wide-meeting-2022.jpg?w=320&amp;quality=82&amp;strip=all&amp;ssl=1 320w, https:\/\/i0.wp.com\/electrek.co\/wp-content\/uploads\/sites\/3\/2022\/06\/Elon-Musk-at-Tesla-company-wide-meeting-2022.jpg?w=640&amp;quality=82&amp;strip=all&amp;ssl=1 640w, https:\/\/i0.wp.com\/electrek.co\/wp-content\/uploads\/sites\/3\/2022\/06\/Elon-Musk-at-Tesla-company-wide-meeting-2022.jpg?w=1024&amp;quality=82&amp;strip=all&amp;ssl=1 1024w, https:\/\/i0.wp.com\/electrek.co\/wp-content\/uploads\/sites\/3\/2022\/06\/Elon-Musk-at-Tesla-company-wide-meeting-2022.jpg?w=1500&amp;quality=82&amp;strip=all&amp;ssl=1 1500w\" decoding=\"async\" fetchpriority=\"high\"\/><\/figure>\n<p>Tesla\u2019s stock (TSLA) surged by as much as 8% today following the company reporting disastrous earnings results \u2013 its worst in years and way below expectations. <\/p>\n<p>The stock seems to surge based on people believing Elon Musk\u2019s lies.<\/p>\n<p><span id=\"more-412503\"\/><\/p>\n<p>Yesterday,\u00a0<a href=\"https:\/\/electrek.co\/2025\/04\/22\/tesla-tsla-q1-2025-financial-results\/\">Tesla released its Q1 2025 financial results<\/a>, confirming its worst performance in years.<\/p>\n<p>The automaker is now operating at just 2% margins and would have lost money last quarter if it weren\u2019t for the sales of regulatory credits.<\/p>\n<p>\t<span class=\"outbrain-ad-label\">Advertisement &#8211; scroll for more content<\/span><\/p>\n<p>The financial performance was worse than most analysts predicted, and yet, Tesla\u2019s stock surged by as much as 8% today.<\/p>\n<p>The reason for the surge appears to be shareholders overlooking Tesla\u2019s degrading auto business in favor of Musk\u2019s vision for the future of Tesla.<\/p>\n<p>However, the problem is that Musk has been misleading people about his vision of Tesla\u2019s future and lied several times on the earnings call that followed the release of its financial results.<\/p>\n<p>I did a whole live stream to break down and fact-check Tesla\u2019s earnings call:<\/p>\n<figure class=\"wp-block-embed alignwide is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p>\n<iframe id=\"post-youtube-video-1\" title=\"Live Tesla Q1 2025 earnings transcript fact check and reaction stream\" width=\"500\" height=\"281\" data-src=\"https:\/\/www.youtube.com\/embed\/JXMqsJ2s04E?feature=oembed&amp;rel=0&amp;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\">[embedded content]<\/iframe>\n<\/p>\n<\/figure>\n<p>Musk literally started out his comments on the Tesla call with a lie. He claimed that people protesting Tesla right now are \u201cpaid-for\u201d and\/or simply upset because they were receiving money that his DOGE team cut:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" readability=\"14\">\n<p>Now, the protests that you\u2019ll see out there, they\u2019re very organized, they\u2019re paid for. They\u2019re obviously not going to say, admit that the reason that they\u2019re protesting is because they\u2019re receiving fraudulent money or that they are the recipients of wasteful largesse, but they\u2019re going to come up with some other reason. But that is \u2013 the real reason for the protests, the actual reason is that those receiving the waste and fraud wish to continue receiving it.<\/p>\n<\/blockquote>\n<p>It\u2019s<a href=\"https:\/\/electrek.co\/2025\/03\/31\/elon-musk-loses-mind-over-tesla-protests-claims-paid-protestors-dumb-proof\/\"> not the first time <\/a>Musk has claimed that despite having zero evidence. He uses the claims to distance himself from any responsibility for Tesla\u2019s current brand damage.<\/p>\n<p>Musk and the rest of Tesla\u2019s management have tried their best during the call to attribute the 50,000 fewer deliveries last quarter to the Model Y changevoer, but they never explained the massive increase in inventory vehicles that also happened during the quarter and would point to a broader demand issue.<\/p>\n<p>When asked about the brand damage\u2019s impact on Tesla\u2019s order flow, Musk didn\u2019t want to admit any and instead tried to explain any slowdown in demand due to broader macroeconomic issues:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" readability=\"9\">\n<p>Tesla is not immune to the macro demand for cars. When there is economic uncertainty, people generally want to pause on buying \u2014doing a major capital purchase like\u2014 a car. Absent of macro issues, we don\u2019t see a reduction in demand.<\/p>\n<\/blockquote>\n<p>That\u2019s another clear lie. Firstly, it is impossible to attribute any specific demand issue to a broader macroeconomic issue rather than a particular issue with the Tesla brand. Secondly, Tesla\u2019s sales have declined significantly in the last few months, while broader EV sales are surging. This would point to an issue with Tesla specifically rather than the broader market.<\/p>\n<p>Instead of current demand issues, Musk focused on Tesla\u2019s self-driving and humanoid robot efforts.<\/p>\n<p>With the humanoid robots, Musk again claimed that he believes Tesla will make millions of robots by the end of the decade and become the world\u2019s most valuable company because of it. The CEO said that he doesn\u2019t see any competitor getting close to Tesla.<\/p>\n<p>The problem is that it\u2019s not clear why Tesla would dominate this market. On the robotics front, it looks like Tesla is already behind competitors like Unitree:<\/p>\n<figure class=\"wp-block-embed alignwide is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p>\n<iframe id=\"post-youtube-video-2\" title=\"Movement creates intelligence - Unitree's G1 humanoid robot nails the world's first kip-up!\ud83d\ude18\" width=\"500\" height=\"281\" data-src=\"https:\/\/www.youtube.com\/embed\/Nkh6RUocD8c?feature=oembed&amp;rel=0&amp;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\">[embedded content]<\/iframe>\n<\/p>\n<\/figure>\n<p>As for the AI that goes into humanoid robots, Tesla has also not shown any competitive advantage as all its demonstrations involved human teleoperations.<\/p>\n<p>Tesla\u2019s own AI effort has primarily focused on solving the self-driving problem, and that has also not yet been achieved. Musk has claimed that Tesla was on the verge of solving self-driving \u201cnext year\u201d for every one of the past 6 years.<\/p>\n<p>During Tesla\u2019s earnings call, <a href=\"https:\/\/electrek.co\/2025\/04\/22\/here-are-all-crazy-claims-elon-musk-made-tesla-self-driving-today\/\">Musk again updated several self-driving timelines for Tesla<\/a>, including \u201cmillions of robotaxis on the road in the second half of 2026\u201d and \u201cunsupervised self-driving in consumer vehicles by the end of the year.\u201d<\/p>\n<p>Again, Musk has been making similar claims for the last six years, and they have never come true. However, people are starting to give more credibility to his self-driving timeline because he reiterated that Tesla plans to launch its unsupervised self-driving pilot program in Austin as soon as June.<\/p>\n<p>However, we noted that this represents a significant shift in Tesla\u2019s self-driving efforts, as it will rely on an internal, geo-fenced fleet with human teleoperation assistance. It\u2019s basically the same service that Waymo has been offering for years and Musk claimed isn\u2019t scalable.<\/p>\n<p>During the earnings call, Musk claimed that the fleet will initially consist of just 10-20 Model Y vehicles. Tesla\u2019s head of self-driving admitted that Tesla is currently focused on optimizing FSD for driving in Austin to support the service. This explains why Tesla\u2019s FSD in consumer vehicles, which buyers paid for with the promise that it will eventually become unsupervised, hasn\u2019t been significantly updated in months.<\/p>\n<p>Now, Musk will claim a win in self-driving with Tesla\u2019s launch of its limited pilot program in Austin in June, but in fact, it is only delaying the delivery of what he promised for years: unsupervised self-driving in every consumer vehicle built by Tesla since 2016.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-electrek-s-take\">Electrek\u2019s Take<\/h2>\n<p>Musk now claims this is going to happen by the end of the year, but let\u2019s see if he still says that in a few months. Virtually every year for the last 6 years, he said early in the year that it would happen by the end of the year, and when the end of the year gets closer, he pushes the timeline to next year and repeats the cycle.<\/p>\n<p>I would like to give more credibility to his prediction now, but it\u2019s hard to do when the best data available still only points to FSD in consumer vehicles achieving about 500 miles between critical disengagement when it needs to be in the tens of thousands of miles for a geo-fenced ride-hailing service and in the hundreds of thousands of miles for generalized unsupervised driving solution in consumer vehicles, which is what Tesla has been promising for years.<\/p>\n<p>It\u2019s hard for me to believe that some people still take his claims seriously, but there\u2019s a fool born every minute and most of them become Tesla shareholders, evidently.<\/p>\n<p>It\u2019s starting to sound like Tesla earnings calls are run by a Musk AI trained on Musk\u2019s comments made over the last 10 years \u2013 with the addition of humanoid robots over the last few years. <\/p>\n<p>As for the stock price, forget about earnings, forget about fundamentals, it\u2019s simply an index to gauge the shareholders\u2019 confidence in Musk\u2019s claims. Right now, they seem pretty confident. They are still drinking the Kool-Aid.<\/p>\n<div class=\"ad-disclaimer-container\" readability=\"6.3518518518519\">\n<p class=\"disclaimer-affiliate\"><em>FTC: We use income earning auto affiliate links.<\/em> <a href=\"https:\/\/electrek.co\/about\/#affiliate\">More.<\/a><\/p>\n<p><!-- post ad --><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tesla\u2019s stock (TSLA) surged by as much as 8% today following the company reporting disastrous earnings results \u2013 its worst in years and way below expectations. The stock seems to surge based on people believing Elon Musk\u2019s lies. Yesterday,\u00a0Tesla released its Q1 2025 financial results, confirming its worst performance in years. The automaker is now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82000","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82000"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/82000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82000"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}