Tesla Q1 Misses on Top & Bottom Lines, Kicks Can on Guidance

Company Performance - Tesla (TSLA) reported a significant earnings miss for Q1, with earnings of 27 cents per share, falling short of the Zacks consensus of 44 cents and down from 45 cents in the same quarter last year, representing a -38.6% shortfall [3] - Tesla's revenues for Q1 were $19.34 billion, missing the anticipated$20.98 billion and down from $21.30 billion reported a year ago, with automotive revenue declining by -20$1.81 per share, exceeding the $1.50 per share from the previous year, with revenues of$2.25 billion, surpassing the expected $2.18 billion [5] Strategic Outlook - Tesla outlined a "revolutionary" strategy for its Cybercab business, with volume production expected to commence in 2026, and plans to revisit guidance in the Q2 statement [4] - Intuitive Surgical's outlook is concerning due to potential heavy tariff policies, leading to a -7% decline in shares during late trading, compounding an -8% drop year-to-date [5] Market Context - The stock market experienced a strong rebound, with the Dow rising by 1016 points (+2.66%), the S&P 500 up by 129 points (+2.51%), and the Nasdaq increasing by 429 points (+2.71%) [2] - The small-cap Russell 2000 outperformed with a gain of 50 points (+2.76%), while the overall performance over the past two sessions remained relatively flat [2]