Tesla (Tesla) The modified profits were reported in the first quarter of the stock (EPS) of $ 0.27, and the loss of the consensus of Wall Street $ 0.41, after the market was closed on Tuesday.
Revenue of $ 19.34 billion was absent from consensus by $ 2.07 billion and decreased 9.2 % on an annual basis.
TSLA shares were drifted by 1 % in the first few minutes of the post -market trade.
The administration blames the decrease in the connection of vehicles in the quarter, which was already reported, in updating the Y in all the four production factories. In addition, the administration blames the average selling price in the necessary sales incentives.
Tesla delivered 336,681 cars in the first quarter of 2025, a decrease from 386,810 in the previous year and 495,570 in the fourth quarter of 2024.
The total car revenue decreased by 20 % on an annual basis to less than $ 14 billion per quarter. Energy and storage revenues increased by 67 % year on an annual basis to $ 2.7 billion, while services and other $ 2.6 billion contributed and 15 % rose on an annual basis.
Initially to the release of profits, Jeff Kilberg, founder and CEO of KKM Financial, said the last fluctuations in TSLA stock Political polarization condemns more than Tesla operations. Kilburg Tesla described as “the purest play of Amnesty International” and rejected the recent setbacks in vehicle delivery.
