‘Big Money Show’ talks in Tesla’s upcoming earnings call and Elon Musk’s future in Dogge.
Tesla reported falling from its electric vehicles year after year in the first quarter.
Electric vehicle manufacturer run by CEO Elon Musk produced $ 13.97 billion in motor vehicle revenue in the first three months of 2025, marking a decline of about 20% from the same quarter last year.
During the earnings call, Elon Musk said that “Dogge would have a significant decline in the allocation.” The government’s efficiency department has been run by Kasturi during the early days of the second trump administration.
Tesla’s overall revenue – including motor vehicle, energy production and storage, and services and other revenue – came in $ 19.3 billion for the first quarter, decreasing 9% compared to the first quarter of last year.
On January 28, 2025, a Tesla model 3 is seen in the company’s store in Palo Alto, California. (David Paul Morris/Bloomberg via Getty Image)
According to the company, low vehicle delivery “in all four vehicle factories due to model Y updates” in part “declined with its total revenue” with a decline “mixture and sales incentives reduced the vehicle average selling price” and contributed to other factors.
Tesla’s first quarter delivery falls amidst slow demand, Kasturi controversy
Earlier in the month, the EV maker, which in recent months, is dealing with protests and violence from the position of Musk in Dogi, said that the delivery of the vehicle took place at 323,800 for the first quarter. Last year, in a period of three months, it performed 386,810 delivery.
Elon Musk speaks on November 19, 2024 during the sixth Test flight launch of SpaceX Starships at Brownsville, Texas, with the then President-Founder Donald Trump and guests. (Brandon Bell/Pool/Reuters)
According to Tesla, its energy production and storage was brought into a revenue of $ 2.73 billion, which jumps at 67% year -on -year. Meanwhile, services and other revenue increased by 15% year -on -year to hit a hit of about $ 2.64 billion in the first quarter.
The company said that “uncertainty in motor vehicle and energy markets continues to grow rapidly developing trade policy, which adversely affects the global supply chain and cost structure of Tesla and our companions.”
“It can have a meaningful impact on the demand of our products in the near period, with dynamic, changing political spirit.”
For quarterly net income, Tesla reported $ 409 million. Meanwhile, the company saw the earnings per $ 0.27.
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According to the income report, they represented a fall of 71% and 40% respectively.
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
TSLA | Tesla Inc. | 237.97 | +10.47 |
+4.60% |
Tesla’s operating margin recorded a 343-basis-point, year-to-year decline in the first quarter.
In its perspective, the company said that “measuring the impact of transferring global trade policy on motor vehicle and energy supply chains, it was difficult to measure our cost structure and demand for durable goods and related services.”
A Tesla Model Y (Brandon Bell/Getty Image/File)
“When we are making prudent investments that will establish both our vehicle and energy businesses for development, this year the rate of development will depend on various factors, including the rate of acceleration of our autonomous efforts, the production ramp and broad macroeconomic environment in our factories.”
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Tesla also said that it “stays on track” to start production of new vehicles in the first half of the year. More affordable vehicles are among those schemes.
The current lineup of Tesla’s vehicles includes models S, model 3, model Y, Model X and Cybetrook. It also produces electric semi-truck.