Elon Musk’s big week, from spurring a Netflix cancelation wave to blowing out Tesla sales estimates
Months of Elon Musk left the Trump administration to relieve Tesla investors who are concerned about the boycott, the richest man in the world announced some good news: sales of Tesla cars have returned.
Well, perhaps.
Mouc Electric Maker Company said on Thursday that car sales jumped by 7 % in the three months until September after washing most of the year, as people stopped embracing president Donald Trump and right -wing politicians in Europe in buying his cars.
But the jump comes with a warning: Tesla benefited from consumers who benefit from tax credit worth $ 7,500 before its validity on September 30, an increase in purchase that helped all EV makers.
In fact, many Tesla’s competitors have seen sales rising more. Rivian Automotive has reported a 32 % increase.
Tesla shares rose sharply on sales news, but closed today with a decrease of 4.5 % to $ 439 amid doubts, as the new number really indicates a transformation due to the equal control of Musk.
“I don’t think most people are more conservative with Elon now than they were a few months ago.” “I expect this to serve as a large group of Tesla from re -growth.”
Even Tesla Bull Dan IVES of Wedbush Securities was cautious, noting that there are “still” problems.
However, it was an explosion number with 497,099 cars sales for 462,890 in the same period last year. Analysts expected a small decrease to 456,000.
Investors chanted from Musk’s decision in April to leave Washington to Austin, Texas, where the headquarters of Tesla is located. But he is still strongly involved in political and social wars, which leads to the alienation of potential car buyers.
On Wednesday, he posted on X that he was canceling his subscription to Netflix due to the cash comments made by a broadcaster on the broadcast service, which seemed to raise a wave of cancellation in turn.
The sharp decline in Tesla shares on Thursday was noticeable, as investors were amazingly optimistic about the company in recent weeks despite the terrible financial numbers.
Investors raised shares with an increase of 34 % in September alone in a bet that the new Musk version of its best -selling style will recharge sales. Musk has also succeeded in converting the investor’s attention away from cars into other aspects of business – display of the Robotaxi service without a planned driver for many cities and their Optimus robots for factory work and housework.
The highest arrow driving was also the clear renewal focus of the company.
To restore his attention, Tesla Council suggested last month a payment package that would allow Musk to earn a trillion dollars if he faced some financial goals over the next few years. The wages, which is unprecedented for American companies known for the huge CEO compensation, has caused criticism from Pope Liu in an interview with a retreat from the intermediate income gaps.
If Musk achieves the goals, he can score a standard number on his head. He has recently become the first person to reach $ 500 billion in net value, at least, according to Rich List Compiler Forbes.
Sales increased by 7 % in the last quarter by 13 %, which decreased in the first three months of the year when MUSK led Trump’s efforts to reduce costs in the Ministry of State efficiency. In the next three months until June, sales fell 13 % again.
The struggle reaction in Europe in Europe was also fierce. Sales decreased by 40 % in more than twenty countries after publicly supported the right -wing extremist politicians there.
Musk said that the British Prime Minister was a “evil tyrant” who belonged to prison and told the Germans that “things will become very worse” in their country if they did not vote for the anti -immigrant alternative to the Germany. The protests erupted in many cities, including hanged billionaire in a doll in Milan and London posters to Nazi.
For her part, she told the Chairman of the Tesla, who agreed to the latest Musk’s latest salaries, Bloomberg, that it is not sure whether the Musk policy had any impact on the company’s financing. Robyn Denholm has received approximately $ 700 million as compensation for service at the Board of Directors since 2014, a package that itself has been tied.
Tesla reports of the third quarter profit later this month. The profits of the previous quarter decreased by 16 %, as the company continued to lose its market share in front of European EV makers and fast Chinese competitors, such as BYD.
The new Robotaxi service from Musk, which started testing in Austin in June, had some obstacles with reports of taxis suddenly stopped without reason and even driving in the opposition corridor in one case. But Musk says that the service will start anyway with a launch in many other cities by the end of next year.
2025-10-02 21:23:00
