Elon Musk says he'll be spending more time at Tesla.
Tesla's (TSLA) first quarter revenue and earnings fell short. The electric vehicle (EV) giant has struggled as CEO Elon Musk shifted focus toward his controversial work in US President Trump's second
Elon Musk said he plans to dramatically scale back his work for the Department Of Government Efficiency (DOGE) starting in May and turn his attention more fully to automaker Tesla, which just reported
Elon Musk's Tesla saw its net income plunge 71% in the first quarter as the company contended with public backlash from the billionaire's work with President Trump and tough overseas competition from
Despite the negative headwinds of tariff concerns, a cooling EV market, and macroeconomic pressures, the market's muted reaction to TSLA results suggest a degree of baked-in pessimism.
Tesla generated $13.97 billion in automotive revenue in the first three months of 2025, marking a drop of nearly 20% from the same quarter last year.
Tesla (TSLA) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.45 per share a year ago.
Economic uncertainty remains a key factor in the outlook for the auto industry.
Elon Musk has said the time he spends with Donald Trump's Department of Government Efficiency (Doge) will "drop significantly" from May and he will allocate more time to Tesla.
Brett Winton, Ark Invest Chief Futurist, joins 'Fast Money' with reaction to Tesla results.

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Seth Goldstein, Morningstar Research Services equity strategist, reacts to Tesla backing away from its earlier view for 2025 sales growth on "Bloomberg The Close." Tesla reported adjusted earnings of

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