Tesla(US:TSLA) Feng Huang Wang·2025-04-23 13:59Group 1 - Tesla's energy production and storage segment, including Megapack and Powerwall, generated $2.73 billion in revenue in the first three months of 2025, a 67% increase from the previous year, providing a bright spot amid disappointing overall performance [1] - Tesla's net income plummeted from nearly $1.4 billion in the same period last year to $409 million, significantly below Wall Street expectations, with automotive sales dropping 20% due to protests and disruptions caused by Elon Musk [1] - The escalating US-China trade war poses a serious challenge to Tesla's profitable energy storage business, particularly due to tariffs on lithium iron phosphate batteries sourced from China [1] Group 2 - Tesla is attempting to establish lithium iron phosphate battery manufacturing in the US to avoid tariffs but is facing equipment shortages [2] - Elon Musk warned that the automotive tariffs introduced by Trump would have a "significant" impact on Tesla, emphasizing the need for advocacy to lower tariffs while acknowledging that the final decision rests with Trump [2]