Tesla's first quarter financial report for 2024 was not good

Tesla's first quarter financial report for 2024 showed that the company's operating income fell 8.69% year-on-year, and its net profit fell 55.07% year-on-year. This is the first time that Tesla's operating income has fallen year-on-year since 2020, and it is also the largest drop since 2012. Tesla attributed it to market concerns about car deliveries, as well as the impact of the Red Sea crisis and the suspension of production at the Berlin factory.