Elon Musk's DOGE detour, robots, tariffs, and more: Tesla earnings takeaways

Elon Musk's DOGE detour, robots, tariffs, and more: Tesla earnings takeaways

Tesla’s (TSLA) first-quarter earnings report was less about profits and more about pivots. The automaker and its CEO, Elon Musk, didn’t want to talk as much about the numbers — maybe for good reason — as much as they wanted to talk about the future.Read more...

Elon to reduce DOGE involvement after dismal Tesla earnings report

Tesla's quarterly results are in, and it seems the panic alarm finally went off. Analyst expectations for Tesla's first quarter of 2025 were already pretty grim, but Tesla handily beat them with a 71 percent drop in profit and a 20 percent drop in car sales, with the only thing keeping the company in the green for the quarter being $595 million in carbon credit sales.While the sales drop can partially be attributed to the launch of Tesla's updat…

He will only be dealing with government affairs one or two days a week.

"Day or two per week": Musk promises decreased time at DOGE as Tesla profits plummet

Musk told investors that his time at DOGE would "drop significantly" following a disastrous quarter.

By early April, the company had already warned that its sales in the first quarter of 2025 had dropped 13% to 336,681 vehicles. But the financial results released are worse than expected by analysts.

Tesla has just given a conference for its results for the first quarter 2025 and the data are not good. Turnover, profit, income is the fall for the American car manufacturer. Tesla is currently experiencing the biggest crisis in its history. As with what Tesla has done in the past.