TSLA
Tesla Inc
Q1 2025 Report
Tesla Inc (TSLA) Q1 2025 Results: Adjusting to Challenges with Long-Term Optimism...
Read full report
Executive Summary
In the first quarter of 2024, Tesla Inc (TSLA) reported revenues of $21.3 billion, reflecting a year-over-year decline of 8.7% and a quarter-over-quarter drop of 15.4%. This decline is primarily attributed to seasonal challenges and ongoing macroeconomic pressures, as stated by management during the earnings call. Despite the revenue decline, Tesla demonstrated resilience with operating income of $1.17 billion and net income of $1.13 billion, amounting to diluted EPS of $0.34. Elon Musk emphasized Tesla's commitment to electric vehicle (EV) dominance despite competitors' pullbacks, showcasing strategic investments in AI and energy sectors that are anticipated to drive future growth. Furthermore, the capital-efficient production of new models is expected to bolster overall vehicle capacity and profitability.
Key Performance Indicators
Revenue
21.30B
QoQ: -15.36% | YoY:-8.69%
Gross Profit
3.70B
17.35% margin
QoQ: -16.72% | YoY:-18.07%
Operating Income
1.17B
QoQ: -43.27% | YoY:-56.04%
Net Income
1.13B
QoQ: -85.76% | YoY:-55.07%
EPS
0.37
QoQ: -85.14% | YoY:-53.75%
Revenue Trend
Margin Analysis
Key Insights
**Revenue**: $21.3 billion, -8.7% YoY, -15.4% QoQ **Gross Profit**: $3.70 billion, with a gross profit margin of 17.4% **Operating Income**: $1.17 billion, equating to a 5.5% operating margin **Net Income**: $1.13 billion; net income margin at 5.3% **Diluted EPS**: $0.34, reflecting a 53.75% drop YoY **Cash Position**: Cash and cash equivalents stood at $12 billion, down from $17 billion in the previous quarter. The quarterly financials indicate a compression in margins and profit metr...