Tesla Energy Deployments More Than Double In Q1, Reach 10.4 GWh

Benzinga
2025.04.23 08:21
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Tesla Inc. reported a significant increase in energy storage deployments, achieving 10.4 GWh in Q1 2025, more than double the 4.05 GWh from Q1 2024, marking a 156% year-over-year growth. This update follows a challenging quarter for the company, with a 71% drop in profits and a 37.26% decline in stock value, currently trading at $237.97. Despite the positive energy deployment news, skepticism remains among investors regarding Tesla's overall performance.