Tesla reported a 20% decrease in automotive income for the first quarter compared to the same period last year. This decline can be attributed to a decrease in deliveries, caused by negative sentiment towards Elon Musk, adjustments being made at the factory, and usual seasonal factors. Additionally, Tesla is confronting difficulties in its supply chain and managing costs, which are influenced by the ongoing US–China trade conflict.
Source: https://www.euronews.com/business/2025/04/23/tesla-earnings-decline-as-anti-elon-musk-sentiment-hampers-sales
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