The Reasons Behind Tesla’s 71% Profit Plunge in Q1 2025

The Reasons Behind Tesla's 71% Profit Plunge in Q1 2025

Tesla, the world’s most valuable electric vehicle manufacturer, reported a staggering 71% drop in net profit for the first quarter of 2025, signaling a turbulent start to the year for the EV giant. The company’s net income fell to $409 million, down from $1.4 billion in the same period last year, marking its worst quarterly … Read more

The Tesla Effect: How One Company Changed the Automotive World

Revolutionizing the Future: The Comprehensive Story of Tesla

Introduction to Tesla Tesla, Inc., formerly known as Tesla Motors, is an American multinational corporation that has revolutionized the automotive and clean energy industries. Founded in July 2003 by Martin Eberhard and Marc Tarpenning, the company is named after Nikola Tesla, a renowned inventor and electrical engineer. Headquartered in Austin, Texas, Tesla is known for … Read more