Tesla retracted his previous vision on sales growth in 2025, and promised to review his perspective the next quarter, a sign that tariffs, a line of aged vehicles and the reaction against director Elon Musk are having an impact on the company, according to a Bloomberg News report.
The electric car manufacturer reported on Tuesday adjusted profits of 27 cents per action for the first quarter, below the average estimation of analysts.
Tesla omitted an anterior prediction that sales would grow again throughout the year, and said that it makes prudent investments that will prepare the vehicle business for growth. This will depend on factors such as the increase in production and the general macroeconomic environment.
“It is difficult to measure the impacts of change on global commercial policy on automotive and energy supply chains, our cost structure and the demand for durable goods and related services,” Tesla said in his financial report.
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Bloomberg added that the most gloomy prospects for the year follow a difficult 2024, when Tesla did not reach its annual sales growth target for the first time in more than a decade.
Nor did he meet the expectations of analysts on the sales of vehicles of the first quarter, published earlier this month.
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