By coinnews 
00:00 Speaker A
What is the sentiment around Tesla generally? Because after the earnings, even though he said he’s coming back, like we all know that the first quarter was pretty bad. And it doesn’t, the early indications are not that there’s going to be a big bounce in sales, for example.
00:24 Speaker B
Um, so, I mean, I mean first quarter was terrible. Right? So, uh, you know, the regulatory credits we like to pick on these 525 million, it was more than operating profit. So the regulatory credit sales accounted for more than 100%. That was the first time since the second quarter of 2020 that has happened. Uh, so the, so the car business is really tough. We all know the story. 337,000 deliveries. Is it Elon? Is it brand damage? Is it the Model Y changeover? Um, so we are expecting, you know, us, we, the street is expecting, you know, 410,000 deliveries for Q2. So an improvement. Uh, Tesla, you know, famously abandoned their goal of to grow sales in 25 in that first quarter report. Um, but you just Elon coming back, and he didn’t fully come back. But one to two days in Washington with more focus on Tesla, uh, you can see what impact that has. You know, we’ve all heard the line Tesla is Elon and Elon is Tesla. So it’s like, um, it’s like the savior is coming home for at least part of the week. Uh, and then so now we’re going to do the robo taxis in June. If he does that, again, that helps sentiment. And if they launch a legitimate new model this year that that frankly isn’t sort of a, you know, a cheaper version of the three or Y, that’s another positive. That’ll help sentiment. So we’re just sort of riding waves of sentiment at this moment, but we’re improving.