Tesla reported a 9% drop in first-quarter revenue on Tuesday, the biggest decline since 2012, as the electric vehicle company weathers the impact of ongoing price cuts.

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Tesla reports 9 percent dip in first quarter revenue

Tesla has announced a 55 per cent year-on-year fall in profits in the first quarter, down to $1.1bn.

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Evgeny Lebedev

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Tesla profits down 55 per cent amid job losses, delivery issues and Cybertruck recall

Tesla’s first-quarter net income plummeted 55% as falling global sales and price cuts sliced into the electric vehicle maker’s revenue and profit margins. The Austin, Texas, company said it made

Associated Press News

Independent Media

Tesla's first-quarter net income tumbles 55% as falling global sales and price cuts reduce profits

Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.

CNBC

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Tesla shares jump 13% after Musk says company aims to start production of affordable new EV by early 2025

Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electric vehicle (EV) company said Tuesday.  The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition.  Tesla slashed the price of three of its best-selling vehicles — the Model X, Model Y and Model S…

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Tesla Inc. is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter.

Bloomberg

Michael Bloomberg

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Howard Buffett

BlackRock

Tesla Speeds Plan For Cheaper Cars, Calming Fears Over Strategy

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.

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Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs.

Business Insider

Tesla misses profit and revenue estimates, but shares rally

Doubts persist for Tesla as demand for electric vehicles slows, and as some critics contend that Elon Musk seems to be devoting more energy to other projects.

NBC News

Doubts about Tesla's performance reach fever pitch as electric vehicle giant reports earnings

Last quarter, Tesla posted its first drop in sales in nearly four years. On an annual basis, sales fell by 9 percent to 21.3 billion dollars (19.9 billion euros), the American electric car manufacturer reported on Tuesday.

Tesla heeft in het afgelopen kwartaal zijn eerste omzetdaling in bijna vier jaar geboekt. De omzet daalde op jaarbasis met 9 procent tot 21,3 miljard dollar (19,9 miljard euro), meldde de Amerikaanse producent van elektrische wagens dinsdag nabeurs.

Tesla ziet omzet voor het eerst in jaren dalen

Het Nieuwsblad

Mediahuis

Belgium

Tesla sees sales fall for the first time in years

Tesla’s first-quarter net income plummeted 55% as falling global sales and price cuts sliced into the electric vehicle maker’s revenue and profit margins.The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago.Revenue was $21.3 billion, down 9% from last year as worldwide sales dropped nearly 9% due to increased competition and slowing demand for electric vehicles…

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Tesla reports biggest revenue slide since 2012, announces renewed push for affordable model

Tesla reports biggest revenue slide since 2012, announces renewed push for affordable model

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