Just finished reading Bank of America's analysis report on the US stock market for Q1 2025, and the four words to describe it are: utterly unbearable!
I also took a look at Tesla's Q1 financial report, and it was simply shocking. This time, the team supporting Trump, the redneck camp, is completely a group with extremely severe right-wing tendencies. In contrast, the true electric vehicle community mainly consists of left-leaning elite classes who focus on environmental protection, love peace, and typically hold professions such as lawyers, doctors, and teachers. This time, the data decline is quite serious, but Musk has responded, stating that he will fully return to the business and say goodbye to politics, hoping everything will get better!
Tesla's net profit: Q1 net profit was $409 million, a 71% year-on-year decline, with an adjusted net profit of $934 million, down 39% year-on-year. Car deliveries showed the worst performance since Q2 2022, with Tesla delivering only 336,700 vehicles in Q1, falling short of expectations!
Looking ahead, the situation for various #AI related companies and Apple is likely to be quite bleak as well! Moreover, Apple, the company with the largest market capitalization, has recently been downgraded by investment banks. Apple will announce its latest financial report on May 2, so stay tuned.
I wonder how many more earnings seasons the US stock market can withstand with this continuously deteriorating financial data! 🤷
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