One of the rare light points of Tesla’s disastrous earnings is now in Trump’s prices.
The energy production and energy storage activity of the manufacturer’s manufacturer, which includes the Megapack and Powerwall battery systems from Tesla, reported $ 2.73 billion in the first three months of 2025, up 67% compared to last year.
These strong numbers put a brilliant on what was otherwise a set of very disappointing results.
Tesla’s net profit dropped to $ 409 million, from nearly $ 1.4 billion during the same period last year, well below Wall Street expectations.
Revenues from its automotive activity fell 20% while business sales collapsed around the world in the middle of a wave of demonstrations and vandalism powered by Elon Musk.
“It looks like the energy storage has saved fairly dismal numbers from Tesla,” wrote Tesla Ross Gerber’s investor in a post on X.
However, Tesla’s lucrative lateral agitation faces a serious speedbump in the form of the escalation of the trade war between the United States and China.
Speaking on an analyst call after the gains, Tesla’s financial director Vaibhav Taneja, said that the Trump administration prices will reach the company on car parts, the effect on Tesla’s energy storage activities from prices on China will be more serious.
“The impact of prices on the energy sector will be disproportionate because we buy LFP battery cells from China,” said Taneja.
Although Tesla manufactures megapacks and power bites in its California and Nevada factories, the company imports the components of the battery cell for these systems from China, which dominates the world manufacturing industry.
Taneja added that Tesla was trying to set up the manufacture of lithium-Fer phosphate batteries in the United States to circumvent prices, but faced a shortage of manufacturing equipment.
“We have also worked to secure the additional supply chain of non -Chinese suppliers, but it will take time,” said Taneja.
Tesla faces fewer winds of prices than other car manufacturers, because he sought to locate the production of his cars and energy systems on the markets in which he sells them.
The company recently started production of Megapack in a new Shanghai factory near Gigafactory which produces its Chinese electric vehicles.
Despite this, Elon Musk warned that the car rates introduced by Trump will have a “significant” impact on Tesla.
The billionaire, who said on Tuesday that he would take a step back from his role in reducing Trump administration, investors told investors that he would continue to defend “for lower prices – but said Trump had finally called the shots.
“I told my opinion to the president, and other people clearly indicated their opinion to the president,” Musk said.
“I hope that the president will observe if my predictions are more precise than the predictions of others and perhaps weigh my advice differently in the future. We will see,” he added.
businessinsider
