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Tesla revenue and profits plunge as trade war clouds company’s future

Summary by KESQ
By Chris Isidore, CNN (CNN) — Tesla reported a sharp drop in revenue and earnings in the first quarter on Tuesday, and warned that the outlook for the rest of this year is uncertain. While Tesla is less exposed to tariffs than most other automakers, it said it would have to revisit its guidance because of current trade disputes. “It is difficult to measure the impacts of shifting global trade policy on the automotive and energy supply chains, ou…

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Benzinga broke the news in New York, United States on Monday, April 21, 2025.
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