Tesla's latest earnings were a mixed bag of good and bad news, Wall Street analysts said. A slew of major banks cut price targets after the results.

The electric vehicle Goliath has suffered a series of blows that have derailed its stock price, frustrated investors, and looted hundreds of billions of dollars off CEO Elon Musk's net worth. Much of the damage has arguably been self-inflicted.

I'll continue to advocate for lower tariffs rather than higher tariffs, but that's all I can do,” Musk said about Trump’s tariffs.

Tesla's first-quarter earnings report itself was a disaster, but Musk gave investors some much-needed good news on the conference call.