“Big Money Show” talks about Tesla’s future revenue calls and Elon Musk’s future at Doge.
Tesla reported revenue losses from fall electric vehicles year-over-year in the first quarter.
Operated electric car manufacturer CEO Elon MuskIt generated $139.7 billion in car revenue in the first three months of 2025, down nearly 20% from the same period last year, according to revenue releases.
During the revenue call, Elon Musk said “time allocation to Doge will be significantly reduced.” Dogethe government’s efficiency department was led by Musk in the early days of the Second Trump administration.
Tesla’s overall revenue, including automobiles, energy generation and storage, services and other revenue, was $19.3 billion in the first quarter, down 9% compared to last year’s first quarter.
The Tesla Model 3 will be seen at the company’s store in Palo Alto, California on January 28, 2025. (David Paul Morris/Bloomberg via Getty Images)
According to fellowY, the number of vehicle delivery “part of that due to Model Y updates across all four vehicle factories” contributed to a decline in total revenue and a “lower average selling price for vehicles due to mixing and sales incentives” and other factors.
Tesla’s first quarter delivery will decline amid slow demand, musk controversy
At the beginning of the month, the EV makers have been dealing with protests and violence in recent months due to masks’ positions. Doge, It said that vehicle delivery was recorded at 323,800 in the first quarter. Over the same three months last year, we delivered 386,810 deliveries.
Elon Musk will speak with then President Donald Trump and his guests during the launch of the 6th Test Flight of SpaceX Starship, held in Brownsville, Texas on November 19, 2024. (Brandon Bell/Pool/Reuters)
According to Tesla, Energy generation and storage It generated revenue of $2.73 billion, a 67% jump from the previous year. Meanwhile, services and other revenues rose 15% year-on-year to nearly $2.644 billion in the first quarter.
The company says, “Uncertainty in the automotive and energy markets continues to increase as rapidly evolving trade policies have a negative impact on the global supply chain and cost structure of Tesla and our fellow members.”
“This dynamic, along with changing political sentiment, could have a meaningful impact on the demand for our products in the near future.”
Regarding quarterly net income, Tesla reported $409 million. Meanwhile, the company considered its earnings per share to be $0.27.
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According to the revenue report, they represent a decline of 71% and 40%, respectively.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 237.97 | +10.47 |
+4.60% |
Tesla’s operating margin reached 2.1%, marking a 343 baseline decline in the first quarter compared to the previous year.
The company said “it is difficult to measure the impact of a shift in global trade policy on the automobile and energy supply chains, our cost structure and demand for durable goods and related services.”
Tesla model y (Brandon Bell/Getty Images/File)
“We have made careful investments to set up both our vehicle and our energy business for growth, but this year’s growth rate will depend on a variety of factors, including the acceleration rate of autonomy efforts, production ramps at factories, and wider ones. Macroeconomic environment. ”
Tesla also said it was “on track” to start production of new vehicles early in the year. A more affordable vehicle is one of these plans.
Tesla Current lineup Includes the vehicle Model S, Model 3, Model Y, Model X and Cyber Truck. We also produce electric semi-trucks.
