Tesla Misses Revenue Expectations in Q1

Tesla’s first quarter earnings report reveals a revenue shortfall, falling short of market predictions. The company generated $19.34 billion in revenue, significantly below the anticipated $21.37 billion, according to BlockBeats. Operating profit for the period amounted to $399 million, a significant decrease from the expected $1.13 billion. Tesla also revealed its adjusted earnings per share were $0.27, missing analyst forecasts of $0.43.