---
title: "TSLA Earnings: Tesla's Financial Results Disappoint as Automotive Sales Decline 20%"
description: "Tesla (TSLA) reported disappointing Q1 earnings, with EPS at $0.27, below the expected $0.41. Revenue was $19.34 billion, missing forecasts of $21.11 billion, and automotive revenue fell 20% year-over"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/237039132.md"
published_at: "2025-04-22T20:32:02.000Z"
---

# TSLA Earnings: Tesla's Financial Results Disappoint as Automotive Sales Decline 20%

> Tesla (TSLA) reported disappointing Q1 earnings, with EPS at $0.27, below the expected $0.41. Revenue was $19.34 billion, missing forecasts of $21.11 billion, and automotive revenue fell 20% year-over-year to $14 billion. Net income dropped 71%, and vehicle deliveries declined 13% to 336,681. TSLA stock has fallen 42% this year, with short sellers profiting $11.50 billion. Analysts maintain a consensus Hold rating, with an average price target of $296.66, suggesting a potential 26.04% upside.

Electric vehicle maker Tesla (TSLA) has reported earnings for this year’s first quarter that fell short of Wall Street’s expectations.

Tesla announced earnings per share (EPS) of $0.27, which was below the consensus expectation of $0.41 among analysts who track the company’s progress. Revenue in the quarter totaled $19.34 billion, which was lower than Wall Street forecasts that called for sales of $21.11 billion.

Heading into the print, TSLA stock had been clobbered by news of declining sales and negative investor sentiment. Consequently, Tesla’s share price has fallen 42% this year. Media reports claim that short sellers who bet on a decline in an asset’s value have made $11.50 billion from this year's selloff in Tesla’s stock.

Tesla’s vehicle deliveries. **Source**: *Main Street Data*

## **EV Sales Fall**

Tesla reported that its total revenue during the quarter declined 9% year-over-year. Automotive revenue that’s made up of the company’s electric vehicle sales fell even further, dropping 20% from a year ago to $14 billion. The company’s net income plummeted 71% from a year ago.

Tesla has seen its sales decline around the world – from China and the European Union to Canada and the U.S. as consumers revolt against CEO Elon Musk’s involvement with the administration of U.S. President Donald Trump. Earlier in April, Tesla reported a 13% decline in its worldwide deliveries to 336,681 electric vehicles. Deliveries are an approximation for sales.

## **Is TSLA Stock a Buy?**

The stock of Tesla has a consensus Hold rating among 39 Wall Street analysts. That rating is based on 16 Buy, 11 Hold, and 12 Sell recommendations issued in the last three months. The average TSLA price target of $296.66 implies 26.04% upside from current levels. These ratings are subject to change after the company’s financial results.

**Read more analyst ratings on Tesla stock**

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.