After Tesla has fallen into profit, Musk said he would reduce bonds with the Trump government
Founder Elon Musk 22, Tuesday, announced that the president’s government will be given less time USAWere, and,, and,, and,, and,.. Donald TrumpTo concentrate on efforts Tesla. The decision will take place after a while 2025 shows the number of vehicle manufacturers less than market estimates in the first quarter.
Tesla’s profit fell 71% since 2024, but the company’s revenue fell 9% between January and March to $ 19.33 billion, $ 21.3 billion since last year.
Profit for adjustable action is 27 0.27, which is less than 44 0.44 designed. Tesla’s total production in the first quarter was 16%and the annual comparison to 362.6 thousand vehicles. Delivery fell 13%to 336.7 thousand units. Maintenance costs rose 9% to $ 2.75 billion in the first quarter.
In the teleconference after disclosing the results, Musk said he would continue to dedicate himself for one or two days of government issues “when President Trump wanted” for a week, according to information CNBC.
Political concept
Before Republican criticism, Elon Musk He actively supported the current president’s campaign, participated in the election activities and financially supported the millionaire values. In the presidential election campaign, the billionaire spent almost 300 million to help Donald Trump To get back to the White House.
After the election, he began to occupy the unofficial position in the Government Capacity Department (DOGE) with a dramatic mission to reduce the federal size and federal government.
However, the demand for tycoon electric vehicles is “changes in political sentiments”.
Beyond the challenges already encountered by the company, such as competition China And the elderly complex of electric vehicles, Tesla was recently damaged by protests USA Music relations with Trump in Europe and the German AFD to support him.
“The protests you see there are so organized,” Musk said at the teleconference on Tuesday. He stated without proof that some people are protesting that they are “getting money.”
For the last time, on its website, the last updated website, Doge, attributed its cuts to the economy of $ 160 billion. However, the expectations of the Musk’s economy competed, and Doge excluded this information.
During the same period, the Tesla market lost $ 600 billion in capitalization.
A. White House At the beginning of February, the Musk was working as a “special government officer”, with less requirements about the disclosure of the differences of interest.
The Department of Justice said the title applies to anyone working for the government for a period of 130 days or less in a year. The Trump government will complete 130 days at the end of May.
Betting on new models and robotaxis
In spite of the scene of challenging, the Tesla The production will begin in the first part of the 2025, and the product also reiterated the intention of launching the Robotoxis scale manufacture in 2026 – the company also reiterated the points that create doubts among investors.
The company’s shares ended today with 4.6%, but the post -market praise slowed to 0.76%.
The vehicle manufacturer referred to one of the major factors behind the decline of volatility in the commercial scenario. In response to uncertainty, the company has announced that it will revise its targets for 2025 in the next financial update and has stopped its long -term growth expectations at the moment.
“Fasten -growing business policies are increasing uncertainty in automotive and fuel markets as the world supply chain and the cost of Tesla and our competitors are negatively affecting the cost of our competitors,” the company said in a statement. “This dynamic, along with a change in political sentiments, has a significant impact on the demand for short -term products.”
In the quarter, gross margin Tesla This is 16.3%, which has overcome a 16.1%estimate. Automotive margin excluding regulatory credits 12.5%.
Previously, the company promised to release a low -cost electric model with other planned releases in the first part of 2025 to increase the growth of the company
