Tesla revenue and profits tank amid political chaos

Tesla has released its financial profits in the first quarter today, as she presented another peak in the crisis currently enveloping Elon Musk.

Tesla said it had received a net income of $ 409 million at $ 19.3 billion of revenues. This represents a 9.4 percent decrease on an annual basis compared to $ 21.3 billion of revenue in the first quarter of 2024 and an amazing decrease in net income. Car revenue for the company – money from auto sales – decreased by 20 percent on an annual basis, from $ 17.4 billion in the first quarter of 2024 to $ 13.9 billion in this last quarter.

In a message to shareholdersTesla admitted that the definitions, as well as “changing political feelings”, will continue to complicate the efforts made to get out of its current lust.

Tesla said: “The uncertainty in the car and energy market is still increasing, as the advanced trade policy rapidly affects the global supply chain, the cost of Tesla and our peers,” Tesla said. “This dynamic, in addition to changing political feelings, can have a meaningful effect on the demand for our products in the short term.”

The profits come in the aftermath The worst annual sales report in Tesla in three years. The company said it provided a total of 336,681 cars, a decrease of 12.9 percent compared to the first quarter of 2024. (A direct consumer company like Tesla, delivery operations are sales agents.)

After years of cavity, the sudden reflection of Tesla’s wealth left many investors and supporters with the injury. Tesla now works as a realistic example of what happens when the company is left on the automated pilot (or Automated pilotAs it was) while the prominent chief executive organization is dispersed Double side projects.

Current Tesla problems can be returned Musk position with the Ministry of Governmental efficiencyOr Doug, a deceptive effort to reduce “waste and fraud” in the government that often appears aimed at eliminating humanitarian aid programs, canceling critical scientific research, and terrorizing federal workers. He also has Racial and anti -Semitic theories on social mediaand Overpower (Including his daughter), and Greeting During Trump’s inauguration. Tesla shares decreased more than 37 percent of the year to date, as musk investors begged to put his political activities aside and re -focus his attention on his basic company.

Meanwhile, MUSK’s MPs produced a protest movement nationwide called Tesla Takedown, which aims to boycott the company and reduce its share price. And it appears to be successful in Convincing many Tesla’s progressive owners To sell their cars, although highly declined in the values ​​of used cars.

There was also a series of violent attacks on stores and Talla all over the world, Including several cases of intentional burning and sabotage. President Donald Trump said that the suspects who were arrested in distorting Tesla cars will be accused of “local terrorism.”

Musk suspends its hopes Amnesty International, robots, and self -driving carsAnd who argues will pay Tesla to new financial highlands. He claims that the company will launch a “non -supervising” pilot in Austin, Texas, in June. But his past promises about the independent leadership have failed to investigate. Experts interrogated Tesla Technology approachNoting dozens of deadly incidents that have partially involved the company’s automated features.

But the lower cost of the company in terms of low cost is the best represented by the moment of Tesla outside the bars. For years, Musk was preparing with an affordable electric vehicle, which is likely to be at a price of $ 25,000, as a way to expand the gravity of spatial vehicles. But instead, the company spent valuable resources on Cybertruck polarization. Now recent reports indicate that Tesla’s efforts to build a more affordable model – its most popular model – has been greatly late.

Musk and his executive team are expected to address all these issues and more in a call with investors at 5:30 pm East time. Tesla also said that she will host a “direct company update” including a question and answers session, in another sign that the company sees this moment especially preserved. You can listen here.