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<v Speaker 1>Let's say good morning right now to ABC's technology reporter

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<v Speaker 1>Mike Debuski.

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<v Speaker 2>Morning, Mike, good morning. How are you good.

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<v Speaker 1>So yesterday first quarter earnings report for Tesla was released

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<v Speaker 1>and it was not a great one.

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<v Speaker 2>It was not Yeah, revenues for this company. Automotive revenues

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<v Speaker 2>were down twenty percent, Total revenues for the company were

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<v Speaker 2>down nine percent, and overall profits down seventy one percent.

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<v Speaker 2>Amy So this is not great for Tesla. Obviously, a

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<v Speaker 2>hugely prominent electric vehicle manufacturer, used to be the biggest

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<v Speaker 2>electric vehicle manufacturer in the world that has since been

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<v Speaker 2>surpassed by a Chinese company. Obviously, the CEO of that company,

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<v Speaker 2>Elon Musk, has been generating some controversy for his actions

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<v Speaker 2>at the Department of Government Efficiency, and this was our

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<v Speaker 2>first real indicator as to what effect Elon Musk is

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<v Speaker 2>having on Tesla sales. Obviously, we've seen major protest movements

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<v Speaker 2>crop up across the country at ten dealerships Tesla charging stations.

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<v Speaker 2>This protest movement calls itself the Tesla takedown, and these

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<v Speaker 2>are people who are dissatisfied with Elon Musk's moves at

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<v Speaker 2>the federal government. His efforts to trim the federal workforce.

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<v Speaker 2>I've spoken to these protesters. They say Elon Musk is

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<v Speaker 2>an unelected billionaire wreaking havoc on our federal government and

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<v Speaker 2>on people's lives. And clearly that seems to be showing

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<v Speaker 2>up at Tesla's dealerships for Tesla deliveries and sales, you know,

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<v Speaker 2>and you know, to say nothing of the stock price

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<v Speaker 2>of Tesla, which was down pretty dramatically yesterday though is

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<v Speaker 2>trading slightly up in pre market trading today. So would be.

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<v Speaker 1>Interesting to see what happens with that as he exits

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<v Speaker 1>his role at DOGE, because he had said one hundred

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<v Speaker 1>days and he's done, so that's like the end of April.

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<v Speaker 2>Yeah, and he made sort of more you know, mention

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<v Speaker 2>of that yesterday after the earnings report was released. During

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<v Speaker 2>an earnings call, Elon Musk said that his work at

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<v Speaker 2>DOGE is pretty much done and that he plans to

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<v Speaker 2>step back. He was always a temporary federal worker, right.

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<v Speaker 2>His status at DOJE was always had sort of this

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<v Speaker 2>time limit on it, and that time limit comes due

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<v Speaker 2>next month, so it seems like he's not going to renew.

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<v Speaker 2>He says his work is pretty much done as I mentioned.

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<v Speaker 2>So yeah, it seems like he's going to take a

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<v Speaker 2>step back to focus a little bit more on Tesla,

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<v Speaker 2>which is facing a number of challenges right now. Aside

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<v Speaker 2>from sort of the controversies that its CEO connotes on

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<v Speaker 2>the brand, they're also facing increased competition from a sort

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<v Speaker 2>of resurgent establishment automakers both from here and abroad. The

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<v Speaker 2>sales are down in Europe, sales are down in China,

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<v Speaker 2>and he has mentioned that the tariffs that the Trump

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<v Speaker 2>administration has imposed on the automotive sector will have an

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<v Speaker 2>effect on the company, despite the fact that Tesla builds

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<v Speaker 2>all of its domestic market Tesla's here in Texas and

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<v Speaker 2>in California. They do say that the tariffs on components automotive,

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<v Speaker 2>you know, parts are going to have an impact on

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<v Speaker 2>Tesla prices and therefore Tesla sales. So a lot of

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<v Speaker 2>challenges that this company's facing.

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<v Speaker 1>Okay, so I want to move on because we have

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<v Speaker 1>a very important happy birthday.

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<v Speaker 2>Yeah, that's absolutely right. Twenty years ago today was the

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<v Speaker 2>first YouTube video. It's hard to believe that this company,

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<v Speaker 2>this platform is now twenty years old, but yes, on

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<v Speaker 2>April twenty third of two thousand and five, This video

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<v Speaker 2>is called Me at the Zoo was uploaded to the platform.

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<v Speaker 2>Here's what it sounded like. All right, so here we

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<v Speaker 2>are one of the elephants and the cooping book these

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<v Speaker 2>guys is that they have really really really long.

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<v Speaker 1>From thanks.

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<v Speaker 2>So a pretty innocuous video, I think it's fair to say,

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<v Speaker 2>but that was Jawad Kareem. He was one of three

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<v Speaker 2>founders of YouTube uploading this video to the platform. Interestingly enough,

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<v Speaker 2>these are three ex PayPal employees who started a video

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<v Speaker 2>dating service. Essentially, this was their attempt to connect people

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<v Speaker 2>on the relatively early Internet, but they found that people

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<v Speaker 2>were using the video component of that dating service for

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<v Speaker 2>all kinds of things, so they decided to spin it

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<v Speaker 2>off into its own standalone video streaming platform called YouTube.

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<v Speaker 2>It quickly became very popular. By March of two thousand

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<v Speaker 2>and six, just a few months after that video was uploaded,

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<v Speaker 2>YouTube was hosting twenty five million videos. About twenty thousand

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<v Speaker 2>new videos were being uploaded to the platform every day,

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<v Speaker 2>and amy that required a lot of computing power. They

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<v Speaker 2>were also dealing with copyright claims from music studios and

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<v Speaker 2>movie studios mad that people were uploading copyrighted material to

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<v Speaker 2>the platform, so Google stepped in in two thousand and

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<v Speaker 2>six to acquire the company for one point sixty five

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<v Speaker 2>billion dollars. Now, according to Nielsen, Americans watch about a

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<v Speaker 2>billion hours of YouTube content every day.

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<v Speaker 1>Well, Mike, I can tell you that I've already been

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<v Speaker 1>watching it because I had to pull a clip from

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<v Speaker 1>a segment that I'm going to do next. I had

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<v Speaker 1>to pull a clip from The Shining, which I have

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<v Speaker 1>not seen and refused to watch.

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<v Speaker 2>And also it is crazy. That's a great movie. It's

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<v Speaker 2>so good.

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<v Speaker 1>A right, I've got the Big Bear Eagle Cam on

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<v Speaker 1>YouTube and it's live all the time in the thing

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<v Speaker 1>because our little eaglits, Sonny and Gizmo are growing bigger

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<v Speaker 1>every day. ABC's Mike Tubuski, thanks so much.

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<v Speaker 2>Of course, they take care, right,