Tesla earnings show plunging revenue as Elon Musk's EV maker warns of hits from Trump's tariffs ...Middle East

Quartz - Economy
Tesla earnings show plunging revenue as Elon Musks EV maker warns of hits from Trumps tariffs
source : Quartz ( Middle East ) () 44

Tesla’s (TSLA) first-quarter earnings are out, and they’re not looking good for the automaker. The company’s net income sank 71%, and its earnings are a double miss in both earnings-per-share and revenue. Total auto revenue fell 20% year-over-year during the period.

Read more...

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Tesla earnings show plunging revenue as Elon Musk's EV maker warns of hits from Trump's tariffs )

    Also on site :

    Most viewed in Economy
    Will Magnesium Disrupt the Electric Vehicle Industry?
    OILPRICE - before 5 hours & 41 minute
    Turacoz Group Drives Strategic Dialogue on Content Innovation at Reuters Events Pharma 2025 in Barcelona
    PR Newswire - before 7 hours & 49 minute
    New Trade Rules Set to Disrupt Global Air Freight
    OILPRICE - before 6 hours & 41 minute
    Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'
    CNBC - before 8 hours & 58 minute
    Tesla short-sellers are feasting on the stock plunge
    Quartz - before 7 hours & 31 minute
    Nationwide to cut mortgage rates as low as 3.89% as banks boost borrowing power
    INDEPENDENT - before 11 hour & 39 minute
    Changelly Hits 10 Million Users and Celebrates 10-Year Anniversary with Partners
    PR Newswire - before 7 hours & 12 minute
    He Built Memecoin Factory Pump.Fun. Did He Make a Small Fortune Dumping His Own Shitcoins as a Teen?
    WIRED - before 8 hours & 52 minute
    Hammerfest LNG Hits the Snooze Button Again—This Time on Purpose
    OILPRICE - before 8 hours & 21 minute
    China's Rare Earth Export Halt Raises Trade War Tensions
    OILPRICE - before 7 hours & 39 minute
    Strategic Merger: Focus IT Group Innovates IT Services for Legal & Financial Markets
    PR Newswire - before 11 hour & 23 minute
    Experts explain what happens to your pension when you die
    INDEPENDENT - before 10 hours & 24 minute


    Latest News

    Trump says he has 'no intention' of firing Fed Chair Jerome Powell

    before 10 minute

    THE KORE IMPACT SET TO INTRODUCE INNOVATIVE KOREAN "GONGGU" CONCEPT TO US CREATORS AT EXCLUSIVE LA EVENT

    before hour & 3 minute

    Trip.com Group Witnesses Double-digit Cross-border Growth for May Labour Day Holiday

    before hour & 51 minute

    Millennial Shift Technologies (mShift) Strengthens Platform with Indemn AI, Driving the Future of Insurance AI

    before 2 hours & 4 minute

    Trump says he has ‘no intention’ of firing Federal Reserve chief

    before 2 hours & 9 minute

    Turkey Eyes Oil & Gas Exploration In Bulgaria, Iraq And Libya

    before 2 hours & 46 minute

    Rare Earth Showdown Hits Tesla, Defense Firms Hardest

    before 3 hours & 46 minute

    SutheDermal.com Launches: Revolutionizing Comfort in Self-Injection Therapies

    before 3 hours & 51 minute

    China Plastics Makers Risk Closures as Tariffs Hit Feedstock Imports

    before 4 hours & 49 minute

    Lt. Gen. Bruce T. Crawford, U.S. Army (Ret.) Elected to the Board of Directors

    before 4 hours & 53 minute

    Will Magnesium Disrupt the Electric Vehicle Industry?

    before 5 hours & 41 minute

    KORE Receives NYSE Notice Regarding Late Form 10-K Filing

    before 5 hours & 50 minute

    Oil Prices Rebound As Inventory Slips

    before 6 hours & minute

    Trump’s inner circle weighs push for higher taxes on millionaires

    before 6 hours & 40 minute

    New Trade Rules Set to Disrupt Global Air Freight

    before 6 hours & 41 minute