🔗 ‘A Complete Disaster,’ Says Daniel Ives About Tesla Stock

The EV giant delivered 336,681 vehicles in Q1 – falling far short of Wall Street’s expectation of around 378,000. Even the more cautious analyst forecasts, hovering near 360,000, were missed by a wide margin. In all, Tesla missed consensus by more than 10% and underperformed even the lowest projections by about 20,000 vehicles. Deliveries also tumbled 13% year-over-year, the sharpest quarterly drop in the company’s history.

.. and then …

And yet, in a twist straight out of the Musk playbook, Tesla stock staged a comeback. After plunging as much as 6%, shares flipped positive – up 5% – on a Politico report suggesting Musk might step away from his role at the Department of Government Efficiency (DOGE).

Really? If he stops DOGE it’s all going to be ok? Where do these people live?