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Halls of Shrewd'm / US Policy❤
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Author: PucksFool ⎊  😊 😞
Number: of 55846 
Subject: Will this begin happening to other
Date: 07/26/2025 4:12 PM
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companies that kowtow to Trump's political whims, or is it unique to Musk and Tesla?

https://www.newsweek.com/tesla-third-quarter-profi...

Tesla has reported its third quarter in a row of declining profits despite billionaire founder Elon Musk stepping away from the world of politics.

The tech CEO's most famous company continues to struggle to rebound from a period of concentrated protests earlier this year, with its latest reports for the second quarter showing a disappointing return.

Tesla's latest financial results underscored the profound impact of CEO Elon Musk's political profile and ongoing global economic shifts on the electric vehicle giant's sales and profitability.

With a third consecutive quarter of declining profits and a double-digit revenue drop, Tesla's position as an industry leader has come under fresh scrutiny. A combination of consumer boycotts, shifting federal policies, and intensified global competition has threatened both Tesla's near-term stability and its long-term innovation plans.
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