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Tesla 1Q25 Profit Plummets 71% YoY, Way Worse than Expectations
23 Apr 2025 04:13
Tesla (TSLA.US) reported after market close on Tuesday that its 1Q25 net profit plummeted 71% YoY to USD409 million, with adjusted EPS of USD27 cents, well below market expectations of USD39 cents.

The company stated it is making prudent investments to prepare for growth in its automotive business. Tesla’s stock showed little movement in after-hours trading, holding steady post-earnings.

Total revenue for the quarter sagged 9% YoY to USD19.34 billion, missing forecasts of USD21.1 billion, with automotive revenue dropping 20% to USD14 billion. Tesla previously reported a 13% decline in 1Q25 vehicle deliveries, totaling 336,700 units.
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TSLA (C) 10591 300 (-) 0.460 3.8 X
TSLA (P) 10604 190 (-) 0.320 2.5 X

 

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