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Arstechnica
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Tesla’s death is “not close” says Musk, as operating margin drops to 2%
- Tesla's operating margin drops to 2.1% in Q1 2025.
- Total revenues fell by 9% YoY to $19.3 billion in Q1.
- Automotive revenues fell by 20% YoY, while storage battery and solar division saw 67% growth.
- Income from operations fell by two-thirds to $399 million.
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