From Barron’s.: 2025-04-22 16:28:00

Tesla reported a decline in operating profit to $399 million, a 66% drop from last year. Automotive sales also fell by around 20% year over year, with the average price per vehicle dropping to $39,000 from nearly $44,000. The company’s worst operating result since Q2 2020.

Read more: A Deeper Dive Into the Report: Profits, Sales Plunge