TSLA
Tesla Inc
Q1 2025 Report
Tesla Inc (TSLA) Q1 2025 Results: Adjusting to Challenges with Long-Term Optimism...
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Executive Summary
In Q4 2024, Tesla Inc. achieved significant milestones, with record vehicle deliveries at an annualized rate of nearly 2 million, driven primarily by the stellar performance of the Model Y, which ranked as the best-selling vehicle of any kind globally. The company reported revenues of $25.71 billion, reflecting a 2.15% year-over-year increase, while net income stood at $2.36 billion. Management emphasized their commitment to enhancing vehicle autonomy and reducing costs, which will be pivotal as they face an increasingly competitive market.
Despite achieving record sales, Tesla's gross profit margin declined to 16.25%, attributed primarily to lower average selling prices (ASPs) and the impact of transitioning to the new Model Y. Elon Musk indicated that investments in manufacturing, AI, and robotics will drive future growth, positioning Tesla as a frontrunner in the electric vehicle (EV) sector and beyond, into sectors such as autonomous humanoid robots.
Key Performance Indicators
Revenue
25.71B
QoQ: 2.08% | YoY:2.15%
Gross Profit
4.18B
16.26% margin
QoQ: -16.37% | YoY:-5.84%
Operating Income
1.58B
QoQ: -41.74% | YoY:-23.30%
Net Income
2.36B
QoQ: 8.72% | YoY:-70.29%
EPS
0.72
QoQ: 5.88% | YoY:-71.08%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $25.71 billion, up 2.15% YoY, 2.08% QoQ.
- **Gross Profit:** $4.18 billion, gross profit margin at **16.25%**, down from previous quarters, reflecting cost pressures and ASP decline.
- **Operating Income:** $1.58 billion with an operating margin of **6.16%**.
- **Net Income:** $2.36 billion, marking a **70.3% YoY decrease** due to previous year’s non-recurring benefits.
- **Earnings Per Share (EPS):** $0.72, down from $2.49 YoY.