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Tesla sales plunge as carmaker warns ‘political sentiment’ could impact future demand

Profits slide 71% to $409m as analysts conclude Elon Musk’s role in White House has caused branding crisisTesla saw a 9% drop in revenue year over year in the first quarter of 2025. The company brought in $19.3bn in revenue, well below Wall Street expectations of $21.45bn. The company reported an earnings per share of 27 cents, also well under investor expectations of 43 cents in earnings per share.Tesla profits also slid 71% to $409m compared with $1.39bn in net income the previous year. Continue reading...


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