3h 25m agoAnd that’s a wrap. Here are my key takeaways for Tesla’s first-quarter earnings:

• The company’s adjusted earnings per share and revenue missed estimates last quarter. Tesla said vandalism and hostility toward the brand hurt sales.
• The automaker didn’t reiterate its forecast of returning to sales growth this year, pointing to uncertain trade policy.
• CEO Elon Musk says his time allocation at DOGE, the entity aiming to cut the size of the US government, will “drop significantly” starting next month.
• The company acknowledged President Donald Trump’s tariff policies — which Musk said he opposes — will impact the company’s profitability.
• Tesla’s “more affordable car” is basically going to be a cheaper version of the Model 3 and Model Y.

Dana HullSenior Reporter