Tesla scraps growth forecast as profits fall to four-year low

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Tesla has not predicted a rebound this year’s electric vehicle business this year since the end of 2021 has dropped to the lowest level.

Sales have declined as Chief Executive Elon Kastor’s political intervention was injured Tesla In the main markets, though it warns that US tariffs will disrupt its supply chain.

Wicker In addition to his absence from Tesla, his close relationship with US President Donald Trump and head of the so -called Government Skill (Dose (Dose) Department is under pressure to solve the loss of his controversial role.

On Tuesday, the Texas-based company Austin, a filing, said that the adjusted knit income for the first trimester has dropped to $ 934 million from a year ago to $ 934 million. Tesla said it was lowest to earn $ 903 million in the fourth-quarter of 2020.

Tesla combines all its vehicles locally sold in the United States, but it still derives the sources of sources of sources from other markets, including battery cells, and it comes in contact with disrupted tariffs and obstacles in the global automotive supply chain.

“It is difficult to measure the impact of transferring global trade policies on automobiles and energy supply chains,” Tesla said in her income filing. It has added that its energy saving will result in greater tariffs in the business, which depends on the battery cells from China.

Due to uncertainty due to TrumpTesla said that this year its growth rate will depend on multiple reasons, including the speed of the autonomous vehicle’s rollout. In the previous quarter, it was predicted that its vehicle business would return to growth in 2025.

Tesla is banking to resurrect the vehicle after the recent upgrade in his flagship model Y car. The company also said that the track plans to start manufacturing more affordable models by June.

According to S&P Capital IQ, the revenue stood by 9 percent to 19.3 billion, on average, is missing $ 21.4 billion analysts missing.

Earlier this month, Tesla reported that its distributions were reduced by 13 percent in the first three months of this year than a year ago, identifying it The worst quarters It has also lost its crown to Chinese rivals Bid as the world’s largest electric vehicle maker since 2022.

Tesla’s shares were flat in trading after the market after the announcement of their height in mid -December.

In recent weeks, Tesla speaks against Trump’s trade war, which it contains Careful It can create goals for revengeful tariffs and increase the cost of making vehicles in the United States.

Kasturi also clashed with Trump’s trade policy architect Peter Navaro and the White House said his official role, which was originally continued by 2026, could be completed before his work was completed.

The first-quarter operating margin of Tesla also stood at 2.5 percent to 2.5 percent a year ago.