Overview

• Tesla reported a 9% drop in revenue to $19.33 billion and a 71% decline in net profit to $409 million for Q1 2025, missing analyst expectations.
• Vehicle deliveries fell 13% year-on-year to 336,681 units, marking Tesla's first delivery decline in over a decade.
• Elon Musk stated he will significantly reduce his time leading the Doge government commission starting in May to focus on Tesla's operations.
• Political backlash from Musk's role in the Trump administration has led to protests, boycotts, and vandalism, negatively impacting Tesla's brand perception in key markets.
• Tesla confirmed production timelines for new lower-cost models, autonomous robotaxi, and Optimus humanoid robot remain on schedule despite rising competition from Chinese automaker BYD.