Tesla (NASDAQ: TSLA) reported dismal financial results in the first quarter. Every metric of consequence -- deliveries, revenue, operating margin, and earnings -- declined as the company lost market share across China,

Tesla’s (TSLA) profit in the first quarter of 2025 plunged a stunning 71 percent, as sales dropped 9 percent from the year-ago period. Despite the sales decline — and the possibility of more to come — the electric vehicle maker’s stock actually rose after the report,

Tesla’s (TSLA) profit dropped 71 percent in the first quarter, marking yet another hurdle for the company as criticism of Elon Musk intensifies. Michele Schneider, chief strategist at MarketGauge, joined TheStreet to discuss the major challenges ahead for the company.