Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On Track

Electric vehicle giant Tesla Inc TSLA reported first-quarter financial results after market close Tuesday. Here are the key highlights and what's next. What Happened: Tesla reported first-quarter revenue of $19.34 billion, down 9% year-over-year. The revenue total missed a Street consensus estimate of$ 21.35 billion according to data from Benzinga Pro. Automotive revenue was $13.97 billion in the first quarter, down 20% year-over-year. The company said the lower revenue was attributed to a decline in delive ...