The Tesla earnings 71% fell in the first quarter of the Añ, AU $ S409 million, after registering a drop of 20% of its income in the automobile sector, the company reported. The data of the largest sale of cars had been anticipated at the beginning of the month, by Elon Musk himself.
Tesla said that, from January to March, its income from the sale of cars sank US $ 13,967 million. The total of your income, which includes the sale of energy storage units and other services, was US $ 19.335 million, which represents a 9%drop.
Despite these bad results, The shares are quoted with a rise of 4.1%. “ This, no matter how intuitive, could be indicating that much of the negative scenarios facing the company were already reflected in the price of the action, the year in which it records a decrease of 41% so far, its second worst year in terms of stock market performance, only exceeded by 2022, year in which it lost 65% of its value, ”said Maximilian Donzelli, Head of Strategy & Trading in IOL.
The automobile manufacturer also indicated that its gross exploitation result (EBITDA) adjusted fell by 17 % Au $ 2,814 million, that the margin was reduced to 14.6 % and that its operating expenses increased during the period by 9 %, au $ 2,754 million.
In early April, the company had already warned that its sales in the first quarter of 2025 had fallen 13% to 336,681 vehicles. But the financial results released are worse than expected by analysts.
The experts had anticipated profits per action of 39 cents, 12 more than what was announced by Tesla, and income of about US $21,100 million for car activities.
The Trump factor in Tesla’s income
Trump and Musk: the factor that investors look at
Tesla faces a growing competition from other manufacturers, especially Chinese, which caused its market share It is reduced in key countries. But the collapse of Tesla’s net benefits also coincides with the involvement of his CEO, Elon Musk, in the government of US President Donald Trump.
Musk became Trump’s right hand since the Republican won the presidential elections of November 2024, and directs the controversial Department of Government Efficiency (Doge), which is in charge of reducing the public spending of the country in billions of dollars. The measures taken by Doge, the proximity of Musk to Trump and the political statements of the businessman in favor of extreme right groups in Europe and the rest of the world caused a serious image crisis of Tesla. The company suffered in recent months boycots and protest actions in both North America and Europe.
Tesla’s bet for the second quarter
Musk will continue to invest more and more Tesla’s future for autonomy, such as a driver without driver, and robotics, including the Humanoid Optimus robot. “While we continue to execute innovations to reduce the cost of manufacturing and operations, over time, we hope that our hardware related benefits will be accompanied by an acceleration of the benefits based on AI, software and fleets,” said the company in its presentation for shareholders.
Finally, the company retracted its previous vision on the growth of sales in 2025 and promised to review its prospects for the next quarter, a sign that tariffs, a line of aged vehicles and The reaction against executive director Elon Musk are having an impact on the manufacturer of electric vehicles.
Source: Ambito
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