Tech
Musk’s bombshell announcement as Tesla profits plunge
Tesla faces 71% net income drop in Q1 2025 amid falling revenue and vehicle deliveries; expert insights in the latest Ticker episode.
Tesla faces 71% net income drop in Q1 2025 amid falling revenue and vehicle deliveries; expert insights in the latest Ticker episode.
Tesla has reported a dramatic 71% decline in net income for the first quarter of 2025, missing Wall Street expectations.
Revenue also fell 9% to $19.3 billion, largely due to slumping automotive sales in major markets like the U.S., China, and Germany.
A 13% drop in vehicle deliveries, tied in part to CEO Elon Musk’s political controversies, has investors worried.
Brad Gastwirth from Unearthing Opportunities joins us to unpack the numbers and what’s next for Tesla.