For the first quarter of 2025, Tesla took $ 595 million in regulatory credits. Net profit amounted to only $ 409 million.
None of this should be worrying, unlike many times in the past that Tesla almost made its doors, Musk told investors during a call last night. “It’s been so many times. It’s not one of these times. We are not on the edge of death, not even near,” he said.
I come back!
The good news – if you are an investor of Tesla, at least – is that Musk says that he will spend more time in the electric car company in the coming months. He was hired by President Trump as a “special government employee”, an escape that allows someone to be appointed to a high -level position without any control of the congress which would normally accompany such an important job. The reserve is that these positions can only legally last 130 days, and Musk should reach this total in the coming weeks.
The back of the medal is that its secret involvement with the Doge Wrecking ball seems to continue. “I will have to continue to do so, I think, probably the rest of the president’s mandate, just to make sure that the waste and the fraud that we stop coming back, which will do) if this is on the occasion,” Musk told investors last night. Earlier this month, the New York Times reported that Musk said his group Doge would now generate only 15% of the vast economies he had initially stated – and even this lower amount was disputed by the Times.
Musk says he expects to devote another 20 to 40 percent of his working time to the government, which means that Tesla must always compete for her attention, alongside Spacex and other less companies.
Autonomous, very soon now
Tesla remains “absolutely hardcore on security,” said Musk, although cybertruck is more likely than the infamous Ford Pinto to ignite. “We are going perfectly to make the safest car in the world and have the lowest accidents by Mile. So – and look, fewer lives,” said Musk during the call last night. In 2024, an analysis of the data death rate of the National Highway Traffic Safety Administration vehicle revealed that in fact, Tesla was the deadliest car brand in the United States.
