Investors Dthe Tesla, US company that produces electric vehicles, celebrate the fact that CEO Elon Musk said it will reduce its work for President Donald Trump to one or two days a week starting next month. The announcement obscures the results in the first three months of the year. The title took the rally of the After Hours courses.
The results
Tesla communicated that the Total turnover It decreased by 9% on an annual basis in the first quarter of 2025, reaching 19.3 billion dollars, compared to the average estimate of analysts of 21.1 billion dollars.
On an annual basisturnover It was influenced by the following factors: decrease in vehicle deliveries, partly due to the update of the Y model in all four plants; Reduction of the average sale price of vehicles (excluding the impact of exchange rates), due to the mix and incentives for sales; negative impact of gearbox rates of 0.3 billion dollars; growth in the generation and storage of energy and services and more sectors; More revenues from regulatory credits.
The gross margin Total was 16.3%, compared to analysts’ estimates by 15.8%. Operating income decreased by 66% on an annual basis for 0.4 billion dollars, with an operating margin of 2.1%. Net profit decreased by 71% to 409 million dollars (-39% to 934 million dollars on a rectified basis).
The outlook
In his outlook, Tesla said Which is “difficult to measure the impact of the change of global commercial policies on the supply chains of the automotive and energy sectors, on our cost structure and on the demand for durable goods and related services”. Although Tesla is making prudent investments that will prepare both automotive and energy activities, the growth rate of this year will depend on a variety of factors, including the acceleration rate of efforts for autonomous driving, the increase in production in the factories and the wider macroeconomic context.
Musk’s commitment
The CEO of Tesla, Elon Musk, He said he will reduce his work for President Donald Trump to one or two days a week starting next month, after the negative reaction of public opinion and the concern of investors in recent months. “I think that probably starting next month, in May, my time dedicated to Doge will decrease significantly,” Musk told analysts in the conference call.
