Tesla's First Quarter Revenue Falls Short of Expectations

According to BlockBeats, Tesla reported first-quarter revenue of $19.34 billion, falling short of the anticipated $21.37 billion. The company's operating profit for the same period was $399 million, below the expected $1.13 billion. Tesla's adjusted earnings per share for the first quarter were $0.27, compared to the forecasted $0.43. The company announced plans to reassess its 2025 performance guidance in the second-quarter financial update.