Tesla stock rises ahead of earnings, but faces challenges in sales and production
From Yahoo Finance: 2025-04-22 11:21:00
Tesla is set to report first-quarter earnings after the closing bell, with shares climbing ahead of the announcement. The electric vehicle maker has seen a 40% drop in stock value in 2025 due to lagging sales and backlash to CEO Elon Musk’s political activities. Analysts warn of a “code red situation” if focus isn’t shifted back to Tesla.
Earlier this month, Tesla reported first-quarter delivery numbers that fell short of expectations, delivering 336,681 vehicles. Reuters reported that Tesla has paused shipments of parts from China for its semi trucks and Cybercab autonomous taxi due to tariffs, potentially delaying production. The company faces challenges in sales in China and Europe.
Read more: Tesla Stock Rises With Earnings On Deck After the Closing Bell Tuesday