$TSLA earnings out. Brutal losses across the board. Can't see how Elon sticks with DOGE while Tesla is burning like this.

Next earnings will likely be even worse..

Elon is out at DOGE. Tomorrow's headline is $399 million in income from operations, which is only positive because of expiring $595 million credits from governments.

I would bet those credits won't ever renew (e.g. Canada clawing back $30.11 million), and then we'll see FCF fall by a few hundo million Q1 2026.

Oof.

Pretty sure this marks the end of Lutnick, I'd imagine Bessant going to get free range to pick who succeeds Lutnick, don't see navaro gone from admin but he's going to be reasigned to some corner of a basement

To me this whole we are rolling back tariffs and softening China talk is to big a vibe switch imo, Lutnick was Elons guy, the other side of trump advisors wanted Bessant there, Bessant was obviously the right choice in terms of who handled media and staying on message better. Lutnick is who trump said in beginning came up with tariff plan. He just nuked Republicans midterm chances by starting this whole situation, and this to me is a classic vibe switch moment

Lutnick has looked great on camera and has saved the new admin from worse conditions. I bet he stays a bit longer.