Tesla Reports Q1 2025 Financial Results: Revenue Down 9% as Model Y Production Updates Impact Deliveries
Tesla (TSLA) reported Q1 2025 financial results showing a 9% year-over-year revenue decline to $19.3 billion, primarily due to Model Y production line changeovers across all factories. Vehicle deliveries dropped 13% to 336,681 units, while GAAP operating income fell 66% to $399 million.
Key highlights include:
- Energy Generation and Storage revenue grew 67% to $2.73 billion
- Storage deployments increased 154% to 10.4 GWh
- Cash position remained strong at $37.0 billion
- Free cash flow rose 126% to $664 million
Notable developments include the launch of Long Range Cybertruck with 362-mile range, FSD (Supervised) introduction in China, and confirmation of new affordable models starting production in H1 2025. The company's Cybercab robotaxi is scheduled for volume production in 2026, with a pilot launch in Austin by June 2025.
Tesla (TSLA) ha riportato i risultati finanziari del primo trimestre 2025 mostrando un calo del 9% dei ricavi su base annua, attestandosi a 19,3 miliardi di dollari, principalmente a causa delle modifiche nelle linee di produzione del Model Y in tutti gli stabilimenti. Le consegne di veicoli sono diminuite del 13%, raggiungendo 336.681 unità, mentre l'utile operativo GAAP è sceso del 66% a 399 milioni di dollari.
I punti salienti includono:
- Ricavi da generazione e accumulo di energia in crescita del 67% a 2,73 miliardi di dollari
- Incremento del 154% nelle installazioni di accumulo, raggiungendo 10,4 GWh
- Posizione di cassa solida a 37,0 miliardi di dollari
- Flusso di cassa libero aumentato del 126% a 664 milioni di dollari
Tra gli sviluppi più rilevanti vi sono il lancio del Cybertruck Long Range con un'autonomia di 362 miglia, l'introduzione del FSD (Supervised) in Cina e la conferma della produzione di nuovi modelli accessibili a partire dalla prima metà del 2025. Il robotaxi Cybercab dell'azienda è previsto in produzione di massa nel 2026, con un lancio pilota ad Austin entro giugno 2025.
Tesla (TSLA) presentó los resultados financieros del primer trimestre de 2025, mostrando una caída interanual de ingresos del 9% hasta 19.300 millones de dólares, principalmente debido a los cambios en las líneas de producción del Model Y en todas las fábricas. Las entregas de vehículos disminuyeron un 13% a 336.681 unidades, mientras que el ingreso operativo GAAP cayó un 66% hasta 399 millones de dólares.
Los aspectos destacados incluyen:
- Los ingresos por generación y almacenamiento de energía crecieron un 67% hasta 2.730 millones de dólares
- Los despliegues de almacenamiento aumentaron un 154% hasta 10,4 GWh
- La posición de caja se mantuvo sólida en 37.000 millones de dólares
- El flujo de caja libre subió un 126% hasta 664 millones de dólares
Entre los desarrollos notables están el lanzamiento del Cybertruck Long Range con un alcance de 362 millas, la introducción del FSD (Supervised) en China y la confirmación de nuevos modelos asequibles que comenzarán su producción en la primera mitad de 2025. El robotaxi Cybercab de la compañía está programado para producción en volumen en 2026, con un lanzamiento piloto en Austin para junio de 2025.
테슬라(TSLA)는 2025년 1분기 재무 실적을 발표하며, 전년 동기 대비 매출이 9% 감소한 193억 달러를 기록했다고 밝혔습니다. 이는 모든 공장에서 모델 Y 생산 라인 변경에 따른 영향이 큽니다. 차량 인도량은 13% 감소한 336,681대였으며, GAAP 영업이익은 66% 하락한 3억 9,900만 달러를 기록했습니다.
주요 내용은 다음과 같습니다:
- 에너지 생성 및 저장 매출이 67% 증가한 27억 3천만 달러
- 저장 장치 배치가 154% 증가한 10.4GWh
- 현금 보유액은 370억 달러로 견고함 유지
- 자유 현금 흐름은 126% 증가한 6억 6,400만 달러
주목할 만한 발전으로는 362마일 주행거리의 롱레인지 사이버트럭 출시, 중국에서 FSD(감독형) 도입, 2025년 상반기부터 생산을 시작하는 새로운 저가 모델 확정이 있습니다. 회사의 사이버캡 로보택시는 2026년에 대량 생산 예정이며, 2025년 6월까지 오스틴에서 파일럿 출시가 계획되어 있습니다.
Tesla (TSLA) a publié ses résultats financiers du premier trimestre 2025, montrant une baisse de 9 % des revenus en glissement annuel à 19,3 milliards de dollars, principalement en raison des changements dans les lignes de production du Model Y dans toutes les usines. Les livraisons de véhicules ont chuté de 13 % à 336 681 unités, tandis que le résultat opérationnel selon les normes GAAP a diminué de 66 % pour atteindre 399 millions de dollars.
Les points clés incluent :
- Une croissance de 67 % des revenus liés à la production et au stockage d'énergie, atteignant 2,73 milliards de dollars
- Une augmentation de 154 % des déploiements de stockage, à 10,4 GWh
- Une position de trésorerie solide à 37,0 milliards de dollars
- Une hausse de 126 % du flux de trésorerie disponible, à 664 millions de dollars
Les développements notables comprennent le lancement du Cybertruck Long Range avec une autonomie de 362 miles, l’introduction du FSD (Supervised) en Chine, ainsi que la confirmation de nouveaux modèles abordables dont la production débutera au premier semestre 2025. Le robotaxi Cybercab de la société est prévu pour une production de masse en 2026, avec un lancement pilote à Austin d’ici juin 2025.
Tesla (TSLA) veröffentlichte die Finanzergebnisse für das erste Quartal 2025 und zeigte einen Umsatzrückgang von 9 % im Jahresvergleich auf 19,3 Milliarden US-Dollar, hauptsächlich aufgrund von Umstellungen in der Model Y-Produktionslinie in allen Fabriken. Die Fahrzeugauslieferungen sanken um 13 % auf 336.681 Einheiten, während das GAAP-Betriebsergebnis um 66 % auf 399 Millionen US-Dollar fiel.
Wichtige Highlights sind:
- Umsatz im Bereich Energieerzeugung und -speicherung stieg um 67 % auf 2,73 Milliarden US-Dollar
- Speicherinstallationen erhöhten sich um 154 % auf 10,4 GWh
- Die Barposition blieb mit 37,0 Milliarden US-Dollar stark
- Der freie Cashflow stieg um 126 % auf 664 Millionen US-Dollar
Bemerkenswerte Entwicklungen umfassen die Markteinführung des Long Range Cybertruck mit einer Reichweite von 362 Meilen, die Einführung von FSD (Supervised) in China sowie die Bestätigung neuer erschwinglicher Modelle, deren Produktion in der ersten Hälfte 2025 beginnt. Das Cybercab-Robotaxi des Unternehmens ist für die Serienproduktion im Jahr 2026 geplant, mit einem Pilotstart in Austin bis Juni 2025.
- Energy storage revenue surged 67% to $2.73 billion
- Storage deployments grew 154% to 10.4 GWh
- Free cash flow increased 126% to $664 million
- Strong cash position of $37.0 billion
- Shanghai Model Y factory achieved fastest production ramp ever
- FSD expansion to China market
- Revenue declined 9% year-over-year to $19.3 billion
- Vehicle deliveries dropped 13% to 336,681 units
- Operating income fell 66% to $399 million
- Operating margin decreased to 2.1%
- Net income declined 71% year-over-year
- Total vehicle production decreased 16%
- Uncertainty around trade policy impacts on supply chains
Tesla, Inc. announced financial results for the first quarter of 2025, reporting total revenue of
Automotive revenues contributed
The company posted GAAP operating income of
Tesla cited several factors impacting profitability:
- Reduced vehicle average selling price due to mix and sales incentives
- Decline in vehicle deliveries, partly due to the Model Y update
- A negative foreign exchange impact of
$0.3 billion - Increased operating expenses driven by AI and other R&D projects
Vehicle deliveries decreased
Energy storage deployments grew
Tesla maintained a strong financial position with
In AI and autonomy advancements, Tesla launched FSD (Supervised) in China, its first market outside North America. Model 3, Model Y, and Cybertruck now drive autonomously from production lines to outbound lots at Fremont and Gigafactory Texas facilities. The company remains on track for a pilot launch of its Robotaxi service in Austin by June 2025 and builds of its Optimus robot on the Fremont pilot line in 2025.
Tesla launched an IRA-compliant 4680 battery cell, making the Cybertruck eligible for the
Looking ahead, Tesla confirmed plans for new vehicles, including more affordable models, remain on track for production start in the first half of 2025. These will utilize aspects of both current and next-generation platforms on existing manufacturing lines. This approach is expected to result in less cost reduction than previously anticipated but enables more capital-efficient volume growth. The Cybercab Robotaxi is scheduled for volume production starting in 2026.
In its outlook, Tesla cited uncertainty around trade policy impacts on automotive and energy supply chains. The company stated it will revisit its 2025 guidance in its Q2 update.
Source: Tesla Investor Relations
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