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Tesla’s first-quarter profit falls sharply as it fights backlash tied to Musk’s role in Trump administration
Tesla’s first-quarter profits plunged by more than two-thirds amid a backlash against Elon Musk’s electric car company that has hurt sales and sent its stock plunging. The Austin, Texas, company said Tuesday that quarterly profits fell by 70 percent to to $409 million,
Tesla profits drop 71% amid anti-Musk backlash
Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations. The decline coincided with a sales slump and stock woes at the electric carmaker,
Tesla, Inc.'s Q1 earnings disappoint with missed estimates, declining profits, and struggles in auto sales. Click here to ...
Tesla said Tuesday that full production of its all-electric Class 8 Semi truck would begin in 2026 at its Gigafactory Nevada. Austin, Texas-based Tesla (NASDAQ: TSLA) released its first-quarter ...
Tesla (TSLA) is no longer confidently stating growth in its automotive business for 2025, and it has delayed updating ...
While the changeover of Model Y lines across all four of our factories led to the loss of several weeks of production ... results. Tesla will post its financial results for the first quarter ...
Investors had braced for a disastrous quarter mostly due to the Model Y refresh, which took some production offline, and demand weakness amid expectations that more affordable Teslas are coming later ...
To point to that success, Musk said that Tesla's Megapack factory production had reached 200 Megapacks per week in the third quarter. Questions on the earnings call then turned to Tesla's ...
Average estimates called for Tesla to report $21.3 billion in revenue and $0.41 EPS last quarter, according to FactSet. That ...
Tesla, Inc.'s Q1 earnings miss, Model Y challenges, and uncertain deliveries amidst trade war concerns. Click here to find ...
Tesla reported its first quarter 2025 results on April 2, revealing the production of 362,615 vehicles and delivery of 336,681 vehicles, which aligns with its long-term operational goals.
At the time, workers said they were told the company planned to scale back production targets for the electric pickup truck for the first quarter of 2025. Tesla's lower delivery numbers come at ...
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