Tesla reported disappointing Q1 earnings, plans to launch Robotaxi pilot program, energy storage business growing.

From NASDAQ.: 2025-04-23 08:57:00

Tesla reported disappointing Q1 earnings, with EPS of $0.27 missing estimates of $0.43 and revenue of $19.3B falling short of $21.11B. Gross margin remained at 16.3%. Despite challenges, Tesla plans to launch its Robotaxi pilot program in Austin this summer. Energy storage business saw 67% growth. Market reaction was muted.

Investors are waiting for Tesla’s Q2 update on guidance amidst global tariff uncertainty. Despite challenges, Tesla remains on track to launch new vehicle models and the long-awaited inexpensive model. Tesla’s energy business is thriving, growing 67% year-over-year. Despite challenges, Tesla’s overall performance shows resilience.

Zacks Investment Research highlights Tesla’s earnings miss and Alphabet in their investment ideas feature. Tesla shares have dropped by 40% in 2025 due to various challenges. Despite the miss, Tesla is on track with its plans and the market reacted with caution. Market watchers are waiting for Tesla’s future guidance and developments.



Read more at NASDAQ.: Zacks Investment Ideas feature highlights: Tesla and Alphabet