Tesla (NASDAQ:TSLA) investors finally got what they’ve been hoping for – Elon Musk’s attention. On the Q1 2025 earnings call, Musk said he’s stepping back from his political involvement in Washington, D.C., and shifting his focus back to running Tesla.
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That alone was enough to lift TSLA shares, with many seeing Musk’s renewed commitment as a much-needed positive.
And frankly, investors needed something to get excited about – because the earnings themselves were a letdown. Tesla missed big on both revenue and profit, with sales dropping 9.2% year-over-year to $19.34 billion, falling short of expectations by $2.07 billion. EPS wasn’t any better, coming in at $0.27 – $0.15 below estimates and a steep 30% miss.
Little of this was truly surprising, as Tesla had already shared its Q1 EV delivery numbers of 336,681, which were down over 30% from Q4 2024. The company chalked up much of this decreased…
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