‘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 MuskIn the first three months of 2025, motor vehicle generates $ 13.97 billion in revenue, marking the decline of about 20% from the same quarter last year, according to its earnings.
During the earnings call, Elon Musk said that “Dogge would have a significant decline in the allocation.” DogThe department’s efficiency department has become musk by Kasturi during the early days of another 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)
As partnerY, low vehicle delivery “In all four vehicle factories, the model Y update in the part” in part “with a decline in its total revenue” mixed with the vehicle average sale price due to mixing and sales encouragement “and contributed to other factors.
Tesla’s first quarter delivery falls amidst slow demand, Kasturi controversy
In the first month, the EV producer, who is dealing with protests and violence in recent months Dog, 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 Revenue brought in $ 2.73 billion, jumping year -on 67%. 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.
Get Fox Business when you click here
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)
“While 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 autonomy efforts, the production ramps and wide in our factories. Macroeconomic environment,
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.
Tesla Current lineup Vehicles include model S, Model 3, Model Y, Model X and Cybetrook. It also produces electric semi-truck.
