Musk blames the tremendous losses of Tesla for the political “reaction”

The financial update in Tesla Q1 2025 is filled with bad news. There are all kinds of negative numbers at home, not the least of which is a decrease in net income on an annual basis (attributed to ordinary shareholders) 71 percent.



A Summary of the current status of Tesla It was released before the group call of the company Q1. But the CEO of Tesla Elusk sought to alleviate investor concerns by greatly blame politics and “reaction” from his work in the Ministry of Governmental efficiency (Doge). Specifically, he mentioned “Those who were receiving dreadful dollars” as attacks on him and the Doug team.

“The protests you will see there, they are very organized, and pushing them for.” “Obviously, they will not say the reason behind the protest against them is that they were receiving fraudulent money, or they were benefiting from waste and fraud. So they will reach another reason, but this is the real reason.”

He also admitted that the definitions could affect the company, but the decision eventually settles with US President Donald Trump.

Musk said: “We are not on the brink of rough death, not even close.” “It is possible that there are some unexpected bumps this year. But I am still very optimistic about the company’s future.”

In addition to 71 percent decreased, operating income decreased 66 percent. The total total profit decreased 15 percent. Total revenue decreased 9 percent. As for vehicles, total production decreased by 16 percent in all models, while deliveries decreased by 13 percent.

See also  BMW officially inspects a new M3 CS tour



Photo by: Tesla

According to the Tesla report, part of the decrease in production is due to the update of the Yi model that slows the activity across the four factories of the company for several weeks. Financial intention is partially due to the decrease in the average vehicle selling prices, as well as decreased delivery operations and increased operating expenses.

As for the role of Musk in the government, it is expected to return to a large extent to the duties of the full -time CEO in May, but it may continue to spend at least time in Washington after that. The official Q1 report in Tesla does not explain any of this, but it reinforces the Musk statement that the definitions may affect the company’s final result. For all the report:

The uncertainty in the car and energy market continues to increase, as advanced trade policies rapidly affect the global supply chain and the Tesla cost structure and our peers. This dynamic, in addition to changing political feelings, can have a meaningful effect on the demand for our products in the short term.

It is not completely death and depression. The company says there is “sufficient liquidity to finance our products, and the expansion plans for long -term capabilities, and other expenses.” Moreover, Tesla Semi and Cybercab plans are still on the right path for the next year, and it is still planned to “the most affordable models” to launch production in the first half of 2025.

See also  DuPont Record No. 477 – February 2025

Since we are already staring at May, there is slightly more than a month to fulfill this promise.

Leave a Comment