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A service for global professionals · Wednesday, April 23, 2025 · 805,824,605 Articles · 3+ Million Readers
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  • Published on April 23, 2025 - 07:54 GMT

    Tesla Faces Major Setback as Revenue, Deliveries Drop

    (MENAFN) Tesla Inc. revealed its financial results for the first quarter of 2025 on Tuesday, showing a 9% year-over-year decline in total revenue, which fell to $19.3 billion. The electric vehicle giant posted a gross profit of $3.15 billion, marking a 15% …

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  • Published on April 23, 2025 - 07:55 GMT

    Elon Musk Reduces Government Efforts as Tesla Faces Revenue Decline

    (MENAFN) Tesla CEO Elon Musk announced during the company's earnings call on Tuesday that he will be reducing his involvement with the Department of Government Efficiency starting in May. Musk revealed plans to "significantly" cut back on his …

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