Tesla’s ‘Dismal’ Quarter Was Rescued by Energy Storage Side Hustle

One of Tesla’s serious revenue places is now in the cross -hirs of Trump’s prices.

The EV maker’s energy generation and storage business, including Tesla’s megapic and power wall battery system, brought $ 73 2.73 billion in the first three months of 2025, which is 67 % higher than last year.

These strong numbers imposed a vaccine on it, which otherwise a very poor set of results.

Less than Wall Street expectations, Tesla’s net revenue increased by about $ 1.4 billion to $ 409 million in the same period last year.

The company’s sales declined by 20 % during the wave of Elon Kasturi protests and vandalism as the company’s sales fell worldwide.

“It looks like energy storage saved a beautiful disappointing number from Tesla,” Tesla’s investor Ross Gabor wrote in a post. X on.

However, Tesla’s lucrative side hustle faces a serious speedbump in the form of a growing trade war between the United States and China.

Talking about the call after earning, Tesla’s CFO, Vibhu Tinaja, said that when the Trump administration’s prices are targeted by the company on auto parts, the impact of Tesla’s energy storage business will be more difficult than China’s revenue.

“The effects of taxes on the energy business will be excluded because we make LFP battery sources from China,” Tanja said.

Although Tesla builds megps and power walls in its factories in California and Nevada, the company imports battery cell components from China for these systems, which dominates the global battery manufacturing industry.

Tanja added that Tesla was trying to get around prices to manufacture lithium iron phosphate batteries in the United States, but it was facing a shortage of manufacturing equipment.

“We are also working to get extra supply chain from non -chain -based suppliers, but it will take time,” said Tenija.

Tesla faces less than prices than other carmakers, as it has tried to localize the production of its cars and energy systems in the markets in which she sells them.

The company recently started manufacturing megapic at a new factory in Shanghai near the Giga factory, which produces its Chinese EV.

Nevertheless, Elon Musk has warned that auto -rates introduced by Trump will have a “significant” impact on Tesla.

The billionaires, who said on Tuesday that they would withdraw from the role of costing the Trump administration, told investors that they would continue to “advocate for low taxes”-but said Trump finally called the shots.

“I made my opinion clear to the president, and other people made his opinion clear to the president,” Musk said.

He added, “I hope the president will observe whether my predictions are much more accurate than the predictions of others and will probably weigh my advice differently in the future. We will see.”