Last week, the electric car manufacturer, solar panel, and battery storage solutions maker, Tesla, reported its results for the first quarter. The stock had little change after hours, moving up 2% and then dropping 1.5%, but the following day during trading hours, the stock went up 5%. The stock is down 41% in 2025 so far due to disappointing earnings and CEO Elon Musk’s political decisions.

    Tesla missed on EPS (earnings per share) and total revenue, with EPS being 27 cents and total revenue being $19.34 billion. Expectations were 39 cents and $21.11 billion, respectively. Total net income for this quarter crashed by almost 71% to a mere $409 million as compared to last year’s $1.39 billion. The major hit to the revenue was on the automotive department, with its revenue down 20% as compared to last quarter. The solar and energy generation departments did relatively well as they were only down 2%. The primary reason for the downfall in automotive sales is the mass protests across the country regarding Elon Musk and political vendettas. People are essentially boycotting Tesla cars by refusing to purchase them because of their CEO. Another major reason for the astronomical plummet in sales is because of the tariffs. Tesla had to raise prices on cars or just take a loss due to the increased costs of parts. One of the biggest accomplishments was that even though the solar and energy generation departments’ sales were down, the revenue was up 67% as compared to last quarter, because of cost reductions in manufacturing by implementing AI to make the manufacturing more autonomous. The company said that they do expect more stability and

possibly increased revenue in the upcoming quarters because of their robo taxi launch. Tesla explained that they are still on track to launch their Robotaxi network in Austin and start humanoid robot mass manufacturing in their Fremont factory. The company also expects the automotive sector to start producingmore due to their recent launch of the new Model Y Juniper, which is a refresh from the regular Model Y.

Musk has been paying little to no attention to his company as he has been so focused on his political vendettas with President Trump. Earlier this week, rumors had come out that the Tesla board of directors was looking for a new CEO to replace Musk due to his poor performance lately. Although these rumors were confirmed by Tesla to be false, it is still very suspicious. A new CEO or revised management could exponentially benefit the company as it would help with a real focus on the company and remove its political ties with President Trump, which is dragging the company down.