Yesterday evening, Tesla reported first-quarter earnings for 2025, and they were abysmal: Profits dropped 71% from the same time last year.
Musk sounded bitter on the call with investors that followed, blaming the company’s misfortune on protesters who have raged at Tesla dealerships around the world over his role running DOGE and his ardent support of far-right politicians.
“The protests that you’ll see out there, they’re very organized. They’re paid for,” he said, without evidence.
TSLQ
But, I don’t think it’s smart. Holding this for more than a day or two is irresponsible. You capture more risk on the up days then you will gain on the down days of the underlying ticker.
Instead, invest in a business you expect to grow. Just ignore the failing ones.