Tesla generated $13.97 billion in automotive revenue in the first three months of 2025, marking a drop of nearly 20% from the same quarter last year.

Tesla reported Q1 revenue of $19.34 billion vs. $21.43 billion (Bloomberg estimate), well below the $21.3 billion reported a year ago. Tesla posted adjusted earnings per share of

Tesla reported dismal earnings and warned that politics and Trump's tariff policies would take a toll on the company. Musk said he would advocate for lower tariffs.