Tesla said it recognized total revenues of $19.34 billion during the 3 months ended March 31, 2025, representing a decrease of $1.97 billion compared to the same period in the prior year, and net income attributable to common stockholders of $409 million, representing a decrease of $981 million compared to the same period in the prior year.

1. 01

   Tesla said it recognized total revenues of $19.34 billion during the 3 months ended March 31, 2025, representing a decrease of $1.97 billion compared to the same period in the prior year, and net income attributable to common stockholders of $409 million, representing a decrease of $981 million compared to the same period in the prior year.

2. 02

   Tesla said automotive sales revenue decreased $3.54 billion (21%) in Q1 2025 compared to the same period in the prior year, citing a decrease of approximately 51,000 combined Model 3 and Model Y cash deliveries, a lower average selling price per unit and the strengthening of the United States dollar when compared to foreign currencies year over year.

3. 03

   Tesla said energy generation and storage segment revenue increased $1.10 billion, or 67%, during Q1 2025 compared to the same period in the prior year, and gross margin for the energy generation and storage segment increased from 24.6% to 28.8%.

4. 04

   Tesla said net cash provided by operating activities was $2.16 billion during Q1 2025 compared to $242 million in the same period in the prior year, capital expenditures were $1.49 billion compared to $2.78 billion in the same period in the prior year, and it expects capital expenditures to exceed $10.00 billion in 2025.

Key figures

Quarter ended March 31, 2025

Revenue

$19.3B

Operating income

$399M

Net income

$409M

EPS

$0.12

Gross profit

$3.2B

Operating cash flow

$2.2B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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