An analyst at Tesla Inc. More than more than Tesla Inc. For more estimates for the company’s profits, citing the size of the car buyer’s reaction against Elon Musk.
He said in a report on Friday that the delivery of vehicles in the first quarter was much lower even than JPMorgan Chase & Co.
Bruntman’s Books:
Tesla shares decreased more than 4 % at the beginning of normal trading. Since it reached a record level on December 17, the stock fell 44 % during Thursday.
During the first three months of the year, Tesla delivered 336,681 cars, and the worst quarter of a quarter Since 2022. In addition to changing production lines in each of their assembly factories to build the designed form, the auto manufacturer was competing with Musk, its CEO, and it became A more attractive character Because of his interventions in global politics.
JPMorgan now expects Tesla’s profits to slip in the first quarter to 36 cents per share, which is less than its previous 40 cents and an average analysis of 46 cents.
Bruntman also reduced its entire year to $ 2.30 per share. On average, analysts that Bloomberg will receive the company’s estimate of $ 2.70 per share – BRINKMAN will notice that this number has decreased by 17 % since Tesla has reached the last quarterly profit in late January.
Musk is expected to back down from its role that leads the initiative known as the Ministry of Governmental efficiency once in a period of 130 days as a temporary adviser to President Donald Trump, Bloomberg,I mentionedThursday.
But the billionaire will have a major impact on the effort to reduce the federal costs and remain a friend of Trump after his official departure, according to the people familiar with the matter.
Tesla CEO is a private government employee, a classification of temporary federal appointments who are supposed to work only 130 days of the year in their roles. The people said that no official date was appointed to leave Musk, and the White House attorney office was responsible for determining when Musk worked 130 days.
After appearing as the largest shareholder in Trump in the US presidential election, Musk put his attentionOn EuropeEarly this year, more prevailing political figures and consensus with advanced right -wing parties and activists. This is the opposite results of Tesla – Sales62 % decreasedThe last quarter of Germany, home to the company’s only vehicle assembly factory on the continent.
This story was originally shown on Fortune.com
