Revenue at the electric carmaker fell in the first three months of 2025 from a year earlier, as Tesla faces backlash tied to CEO Elon Musk's politics.

Average estimates called for Tesla to report $21.3 billion in revenue and $0.41 EPS last quarter, according to FactSet. That makes Q1 2025 Tesla’s worst quarter by sales since Q2 2022 and its least profitable period since Q4 2020.

Tesla will be releasing first-quarter financial results after the bell with the electric vehicle maker coping with sluggish sales and fallout from its CEO’s prominent role in the Trump administration

Tesla reported a sharp drop in revenue and earnings in the first quarter on Tuesday, and warned that the outlook for the rest of this year is uncertain.

Tesla’s first-quarter profits plunged by more than two-thirds amid backlash against Elon Musk’s electric car company that has hurt sales and sent its stock plunging. The Austin, Texas,

The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.