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Tesla (TSLA) Q1 2025 automotive revenues declined 20% from a year ago

A decrease in demand for Teslas has caused a significant drop in automotive revenue for the company.

Donovan Erskine

April 22, 2025 2:20 PM

Tesla

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Tesla’s Q1 2025 earnings report brought a slew of details about the EV company, including an interesting figure regarding its automotive revenue. Tesla’s automotive revenue was down 20 percent year-over-year, a likely sign of decreased demand in EVs from the company.

Tesla’s updated revenue figures can be found in its latest earnings report. Tesla brought in $13.967 billion in automotive revenue in Q1 of the 2025 fiscal year. That marks a 20 percent, or roughly $7 billion decrease from the $20 billion that the division earned in the previous year.

There are many potential factors that led to Tesla’s sharp decrease in automotive revenue. A report from Reuters says that European demand is down following the release of newer, cheaper EVs from rival manufacturers. The outlet also supposes that Tesla CEO Elon Musk’s right-wing politics may have pushed potential buyers away. A CNBC report says that "about half" of Americans have a negative view of Tesla and Elon Musk.

We’ll be watching closely to see if the downward trend in automotive revenue continues in the coming quarters. Stick with Shacknews for more Tesla news.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_