Tesla reports disappointing quarterly results as automotive revenue plunges 20%

Tesla reported a miss on the top and bottom lines in its first-quarter earnings report on Tuesday as automotive revenue plunged 20% from a year earlier.

Here’s what Wall Street is expecting, based on a survey of analysts by LSEG:

* **Earnings per share**: 27 cents adjusted vs. 39 cents estimated
* **Revenue**: $19.34 billion vs. $21.11 billion estimated

Total revenue slid 9% from $21.3 billion a year earlier. Automotive revenue dropped 20% to $14 billion from $17.4 billion in the same period last year.

Source: [Tesla (TSLA) earnings report Q1 2025](https://www.cnbc.com/2025/04/22/tesla-tsla-earnings-report-q1-2025.html)