Tesla earnings show plunging revenue as Elon Musk's EV maker warns of hits from Trump's tariffs ...Middle East

Quartz - Economy
Tesla earnings show plunging revenue as Elon Musks EV maker warns of hits from Trumps tariffs
source : Quartz ( Middle East ) () 70

Tesla’s (TSLA) first-quarter earnings are out, and they’re not looking good for the automaker. The company’s net income sank 71%, and its earnings are a double miss in both earnings-per-share and revenue. Total auto revenue fell 20% year-over-year during the period.

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