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Tesla profits plunge in first quarter of 2025 | CNN Business

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New York Times Business Reporter Jack Ewing joins Becky Anderson off the back of Tesla's massive earnings miss, and discusses the potential impact of the Trump tariffs and Elon Musk's White House role on the automaker.
Tesla shares experienced a significant drop following the company's announcement of a recall of nearly 4,000 Cybertrucks due to a potentially dangerous accelerator pedal issue. This recall, coupled with Tesla's first-quarter earnings report showing a decline in profits and vehicle deliveries, has led to increased scrutiny and concern among investors about the company's future performance and market position. CNN's business correspondent, Clare Sebastian, discussed these developments with CNN anchor, Richard Quest, highlighting the impact of these events on Tesla's stock price and the broader implications for the electric vehicle market.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/23/business/video/tesla-shares-drop-ewing-intv-ctw-042309aseg2-cnni-business-fast ]