The “ Big Money Show ‘talks about the call to come from Tesla and the future of Elon Musk in Doge.
Tesla declared a loss of income for its electric vehicles in the fall from one year to the other in the first quarter.
The electric vehicle, managed by CEO Elon Muskgenerated $ 13.97 billion in automotive income in the first three months of 2025, marking a drop of almost 20% compared to the same quarter of last year, according to its press release.
During the call for earnings, Elon Musk said that “the time allowance in Doge would drop considerably”. DOGEThe government’s Ministry of Efficiency was led by Musk during the first days of the second Trump Administration.
Tesla’s overall income – including automotive, energy production and storage, and services and other income – reached $ 19.3 billion for the first quarter, which decreased 9% compared to the first quarter of last year.
A Tesla Model 3 is seen in the company’s store in Palo Alto, California, January 28, 2025. (David Paul Morris / Bloomberg via Getty Images)
According to The companionY, less vehicle deliveries “partly due to the Y model update in the four vehicle factories” have contributed to the decline in its total income as well as “reduced the average selling price of vehicles, due to incentives for mixing and sales” and other factors.
Deliveries of the first trimester of Tesla fall in the middle of the slow request, controversy musk
Earlier in the month, the manufacturer of electric vehicles, which has dealt with demonstrations and violence in recent months, resulting from Musk’s position DOGE, Vehicle deliveries succeeded at 323,800 for the first quarter. During the same period of three months of last year, he made 386,810 deliveries.
Elon Musk talks with Donald Trump and guests of the president of the time, during the sixth flight launch of SpaceX Starship in Brownsville, Texas, November 19, 2024. (Brandon Bell / Pool / Reuters)
According to Tesla, it is Generation and energy storage brought in $ 2.73 billion in revenues, a jump of 67% year by year. Meanwhile, services and other income increased by 15% from one year to the next to reach almost $ 2.64 billion in the first quarter.
The company noted that “uncertainty in automotive and energy markets continues to increase as rapidly evolving commercial policy has a negative impact on the global supply chain and the cost structure of Tesla and our peers”.
“This dynamic, as well as the evolution of political feeling, could have a significant impact on demand for our short -term products.”
For quarterly net profit, Tesla said $ 409 million. Meanwhile, the company has seen a profit diluted per share of $ 0.27.
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These represented drops of 71% and 40%, respectively, according to the profits report.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| Tsla | Tesla inc. | 237.97 | +10.47 |
+ 4.60% |
Tesla’s operating margin posted a drop of 343 base and from one year to the other in the first quarter, reaching 2.1%.
In its perspectives, the company said that it was “difficult to measure the impact of the change in global trade policy on automotive and energy supply chains, our cost structure and our request for lasting goods and related services.”
A tesla model y (Brandon Bell / Getty Images / File)
“While we make prudent investments that will set up our vehicle and energy companies for growth, the growth rate this year will depend on various factors, in particular the acceleration rate of our autonomy efforts, the production ramp in our factories and the widest macroeconomic environment. “”
Tesla also said that he “left on the right track” to start the production of new vehicles in the first half. More affordable vehicles are among these plans.
Tesla Current range Vehicles include model S, model 3, Y model, X model and cybertruck. It also produces electric semi-camons.
