{"id":26401,"date":"2025-04-22T14:27:08","date_gmt":"2025-04-22T14:27:08","guid":{"rendered":"https:\/\/medexperts.pro\/?p=26401"},"modified":"2025-04-22T15:25:04","modified_gmt":"2025-04-22T15:25:04","slug":"teslas-falling-profit-may-pressure-elon-musk-to-return-to-day-job","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=26401","title":{"rendered":"Tesla\u2019s Falling Profit May Pressure Elon Musk to Return to Day Job"},"content":{"rendered":"
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The carmaker is expected to report a decline in quarterly earnings after Tesla\u2019s brand suffered because of its chief executive\u2019s role in the Trump administration.<\/p>\n

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Tesla is expected to report on Tuesday that its profits fell in the first three months of the year, which could increase the pressure on Elon Musk, the automaker\u2019s chief executive, to curtail his work for President Trump and spend more time managing the company.<\/p>\n

Wall Street analysts expect Tesla to say its net profit declined slightly from $1.1 billion in the first quarter of 2024.<\/p>\n

Tesla sales have been slumping<\/a> because of intense competition from Chinese carmakers like BYD, a lack of new models and Mr. Musk\u2019s support of far-right causes, which has turned away some liberals and centrists from buying Tesla vehicles.<\/p>\n

Tesla remains the most valuable automaker in the world as measured by its stock price, but its shares have lost about half their value since mid-December as investors have grown more pessimistic about the company\u2019s prospects and concerned about Mr. Musk\u2019s role in the Trump administration.<\/p>\n<\/div>\n<\/div>\n

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Tesla has steadily lost market share to Chinese carmakers and more established automakers, like General Motors, Volkswagen and Hyundai, that have been offering a growing selection of electric vehicles.<\/p>\n

Mr. Musk\u2019s company once hoped to sell 20 million vehicles a year by the end of the decade, twice as many as Toyota. But sales have been sliding after climbing to 1.8 million in 2023. Last year, the company sold 1.7 million cars, and its global sales fell 13 percent<\/a> in the first quarter of 2025 from a year earlier.<\/p>\n

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The carmaker is expected to report a decline in quarterly earnings after Tesla\u2019s brand suffered because of its chief executive\u2019s role in the Trump administration.Tesla is expected to report on Tuesday that its profits fell in the first three months of the year, which could increase the pressure on Elon Musk, the automaker\u2019s chief executive, to curtail his work for President Trump and spend more time managing the company.Wall Street analysts expect Tesla to say its net profit declined slightly from $1.1 billion in the first quarter of 2024.Tesla sales have been slumping because of intense competition from Chinese carmakers like BYD, a lack of new models and Mr. Musk\u2019s support of far-right causes, which has turned away some liberals and centrists from buying Tesla vehicles.Tesla remains the most valuable automaker in the world as measured by its stock price, but its shares have lost about half their value since mid-December as investors have grown more pessimistic about the company\u2019s prospects and concerned about Mr. Musk\u2019s role in the Trump administration.Tesla has steadily lost market share to Chinese carmakers and more established automakers, like General Motors, Volkswagen and Hyundai, that have been offering a growing selection of electric vehicles.Mr. Musk\u2019s company once hoped to sell 20 million vehicles a year by the end of the decade, twice as many as Toyota. But sales have been sliding after climbing to 1.8 million in 2023. Last year, the company sold 1.7 million cars, and its global sales fell 13 percent in the first quarter of 2025 from a year earlier.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":26403,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-26401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/26401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26401"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/26401\/revisions"}],"predecessor-version":[{"id":26404,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/26401\/revisions\/26404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/26403"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}