On April 23rd, Tesla (TSLA. O) omitted its previous forecast for sales growth in 2025 in its earnings report on Tuesday local time and promised to reassess its outlook next quarter. In a sign that tariffs, an aging product line and a public backlash sparked by CEO Elon Musk are taking a toll on the electric car maker. The earnings report showed Tesla's revenue of $19.335 billion in Q1 2025 and adjusted earnings per share of $0.27, both missing analysts' average expectations, but its gross profit...
Tesla (TSLA. O) omitted its previous forecast for 2025 sales growth in its earnings report on Tuesday and pledged to reassess its outlook next quarter, in a sign that tariffs, an aging product line and a public backlash sparked by CEO Elon Musk are taking their toll on the electric carmaker.