Tesla Q1 revenues fell 8.7% over the last year, the biggest decline since 2012.
Net Income fell 55% YoY to $1.1 billion.
Gross margins moved down to 17.4% in Q1 from 19.3% a year ago and 29.1% two years ago
https://x.com/charliebilello/status/1782875956874489991
