From Nasdaq: 2025-04-29 13:05:00

Tesla ($TSLA) reported disappointing Q1 earnings with a nearly 35% lower earnings per share and a 9% revenue miss. Vehicle deliveries also dropped by 13%. Musk’s government involvement has led to backlash, with protests and decreased support in key markets. Competitors in China and Europe are gaining ground in the EV market, impacting Tesla’s sales.

In response to investor concerns, Musk pledged to reduce his involvement with the Department of Government Efficiency (DOGE). However, $TSLA stock has already dropped 44% this year, partly due to Musk’s political activities. Congressional trades of $TSLA have been mostly sales, and insider sales have spiked. The future of Tesla stock depends on rebuilding investor trust and navigating new tariffs.



Read more at Nasdaq: Tesla Q1 earnings disappoint: Musk to spend significantly less time at DOGE