Tesla Earnings

Tesla reported Q1 2025 earnings on April 22, missing revenue estimates for the third consecutive quarter. Net income fell 71% year-over-year to $409 million, and deliveries dropped 13% compared to Q1 2024. Elon Musk's involvement with the Department of Government Efficiency has fueled a consumer backlash in Europe and the US, with protest-related boycotts cited as a factor. Investors are now questioning whether Musk's political activities are a material risk to the business.