Tesla(US:TSLA) ZACKSยท2025-07-21 16:51Core Insights - Tesla is expected to release its second-quarter 2025 results on July 23, focusing on improvements in its Energy & Service and Other Businesses [1] Financial Performance - In Q1 2025, Tesla reported earnings per share of 27 cents, down from 45 cents year-over-year, and missed the Zacks Consensus Estimate of 44 cents [3] - Total revenues for Q1 2025 were $19.33 billion, a 9% decline year-over-year, also missing the consensus mark of $21 billion [3] - Cash and cash equivalents stood at $37 billion as of March 31, 2025, with long-term debt decreasing to $5.3 billion from $5.7 billion at the end of 2024 [5] Energy & Service Business - Energy deployment in Q1 2025 rose to 10.4 GWh from 4.05 GWh in Q1 2024, with Energy Generation and Storage revenues totaling $2.73 billion, a 67% increase year-over-year [4] - The company expects revenues from the Energy Generation & Storage business to reach $3.04 billion, indicating a 0.7% year-over-year increase, with gross margin expected to rise to 26.7% from 24.6% [6] - Services and Other revenues are projected to be around $3.15 billion, reflecting a 20.7% year-over-year increase, with gross margin expected to improve to 10% from 6.4% [7] Market Expectations - The Zacks Consensus Estimate for Q2 2025 earnings is 40 cents per share, representing a 23.08% decline year-over-year, with sales estimated at $22.48 billion, an 11.85% decline [8] - Tesla's core EV business is facing challenges with weaker deliveries, but rising gross profits from Energy & Service and Other Businesses may offset losses in Q2 [8]