Tesla reported first-quarter revenue of $19.34 billion, down 9% year-over-year and below the estimates of $21.35 billion. Earnings came in at 27 cents per share, down 40% and missing expectations of 31 cents. The company reiterated its commitment to lower-cost models in 2025 and volume Robotaxi production by 2026. However, it warned that global trade policies, economic conditions, and shifting political sentiment may impact future guidance. Tesla will revisit its 2025 outlook in the next quarter.
