Tesla's Q1 2025 earnings report indicated total revenues of $22.5 billion, with automotive revenues being $16.7 billion. The company's GAAP gross margin was reported at 17.2%, corresponding to a gross profit of $3.88 billion. The non-GAAP EPS was recorded at $0.40 per share. Notably, Musk announced the introduction of the Robotaxi pilot in Austin, expressing optimism about expanding the service area to cover half the US population by year-end pending regulatory approval.
Tesla's Q1 2025 earnings included total revenues of $22.5 billion with automotive revenues reaching $16.7 billion. The GAAP gross margin stood at 17.2%, yielding a gross profit of $3.88 billion and an EPS of $0.40.
Elon Musk announced the expansion of the Robotaxi service in Austin and plans for areas including the Bay Area, Arizona, and Florida. Musk stated, 'I think we'll have Robotaxi in half the population of the US by the end of the year?'.
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