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This might be the most hype Tesla net profit in recent memory . And not for all the right reason .
Tesla has takenmany hitsthis year as its chief executive officer Elon Musk leans further into correct - wing politics and overseesDOGE , the advisory dead body that President Trump has bestowed the power to slash federal spending .
For Tesla , that has meant look on both its neckcloth price and global sales plummet . And that ’s not even take into account atmospheric pressure from competitors in China , Europe , and North America .
As Tesla bull and Morgan Stanley psychoanalyst Adam Jonas wrote in a annotation this morning , Tesla is facing the downcast margin expectation this quarter in 12 old age . How Tesla ’s stock performs will be reliant on the society ’s ability to explain why its net border are worse than Volkswagen ’s amid “ potential cash burn , ” instill confidence in its autonomy programme , and wrangle Musk ’s attention away from the White House .
Analysts surveyed by Yahoo Finance are expect tax income of around $ 21.41 billion , which would be flat year - over - year and down from $ 25.7 billion in Q4 2024 .
Tesla ’s Q1 2025 remuneration call is at 2:30 p.m. PT / 5:30 p.m. ET . The populace can listen along to the call by tune up inhere , here , or on X.Here ’s what we ’ll be listen for .
Updated EV sales guidance
DuringTesla ’s last earnings call , the company say it expects its fomite business to “ return to growth in 2025 . ” Will that still be the font , give way Tesla ’s unimpressive pitch Book of Numbers for Q1 and sapless customer demand driven in part by Musk ’s government ?
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Tesla recorded336,681 deliveriesin the first three months of the twelvemonth , its worst quarterly performance in more than two year .
The automaker does have some tailwinds . It is well positioned than other OEMs to weather Trump ’s tariff storm due to its domestic sourcing and high-pitched level of perpendicular integration . That said , Musk ’s proximity to Trump probably does n’t help his popularity in China , one of Tesla ’s braggy markets . That dynamical coulddrive more customersinto the open arms of rival BYD .
Any mention of the cheap EV
Sources at Tesla have severalise us that the company has all but abandon its plans for acheap EV , though others have reported the automaker has merelydelayed the car ’s rolloutby month . Either room , we ’ll be mind out for update there .
Robotaxi rollout
During Tesla ’s full - year 2024 net income call , Musk say the company would plunge a paidride - hailing robotaxi service in Austinstarting this June . He has said in the past that Tesla would first expend Model Y and Model 3 vehicles with “ unsupervised ” FSD , rather than its two - seater Cybercab concept that ’s built without a steering bicycle or foot pedal .
As research analysts at Cantor said : “ Tesla has not yet quantified the commercialization of its Robotaxi segment , or disclosed initial routes / territory . ” So investors and analysts will be on the lookout for more concrete details of Tesla ’s Austin plans .
The automaker has also say that it contrive to launch in California this class , but has been mum on those details .
Cybercab production
We ’re also hop to hear some updates onTesla ’s Cybercab . Union regulations do n’t presently allow for operators to mass produce and deploy autonomous vehicles without human controls build up - in without an exemption . Musk will in all probability bend that regularization to his will , as he is wo nt to do , so we might get some perceptivity later into when Tesla plan to start production on those futuristic - looking vehicles .
Optimus updates
In Q4 , Musk enunciate he expected Tesla to startusing Optimus humanoid robotsinternally this yr , peculiarly for the “ slow ” tasks . We ’ll be listening for a timeline for that , as well as when Tesla order it will begin high volume production of Optimus , and when it expects to begin initial deliveries .
Dojo or Cortex
Musk and Tesla have been tranquil on Dojo since August 2024 , a surprise given how gung ho they were about the supercomputer that would help the society achieve its full self - driving dreams . Then there ’s Cortex , which is Tesla ’s other raw giant AI training supercluster being built at Tesla HQ in Austin to help solve real - Earth AI . InTesla ’s Q4 stockholder deck , the company share updates on Cortex , but nothing on Dojo .
The latest update we ’ve learn show some kind of computing cluster add up from theTesla AI X accountwith the words , “ still please . The machines are learning . ” Though it ’s not decipherable if it ’s Dojo or Cortex .
The reprioritization of Elon
Per Jonas ’s greenback , investor will be searching for “ any signs of Tesla ’s chief executive officer reprioritizing the try of Tesla versus politically oriented endeavors . ”
Dan Ives , a Wedbush analyst and other Tesla Taurus , enounce in a note Sunday that Musk is facing a “ Code Red Situation . ” He restate his former posture that Musk needs to distance himself from DOGE so that the Tesla stain end to be a political talk point .
