Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On Track

Benzinga

Tesla reported first-quarter revenue of $19.34 billion, down 9% year-over-year and below the estimates of $21.35 billion. Earnings came in at 27 cents per share, down 40% and missing expectations of 31 cents. The company reiterated its commitment to lower-cost models in 2025 and volume Robotaxi production by 2026. However, it warned that global trade policies, economic conditions, and shifting political sentiment may impact future guidance. Tesla will revisit its 2025 outlook in the next quarter.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla reported first quarter revenue of $19.34 billion, down 9% year-over-year and below the

00:08estimates of $21.35 billion. Earnings came in at $0.27 per share, down 40% and missing

00:14expectations of $0.31. The company reiterates commitment to lower-cost models in 2025 and

00:19volume robo-taxi production by 2026, warning that global trade policies, economic conditions,

00:25and shifting political sentiment may impact future guidance. Tesla will revisit its 2025 outlook

00:30in the next quarter. For all things money, visit Benzinga.com slash GSTV.

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