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EV Daily | Tesla Misses Q1 2025 Targets; Vermont Leads in EV Adoption; Chevy Unveils Blazer SS EV

Market BriefWednesday, Apr 23, 2025 8:01 am ET
1min read
【Tesla】

Tesla's Q1 2025 financial results reveal a significant miss in earnings and revenue expectations, with $0.27 per share and $19.335 billion in revenue, failing to meet Wall Street's predictions. Despite regulatory credit sales of $595 million, Tesla remains close to operating at a loss. The company acknowledges the impact of trade policies and no longer provides isolated guidance for automotive growth, delaying updates until next quarter. Vehicle deliveries have decreased by about 50,000 units compared to the previous year, and new models expected to be stripped-down versions of Model Y and Model 3 are anticipated to limit growth.Elon Musk reiterated plans to start self-driving ride-sharing services in Austin, highlighting the company's focus on self-driving as crucial for future growth. Despite previous missed predictions, Musk remains optimistic about launching 'unsupervised full self-driving', while acknowledging current limitations in achieving autonomous driving without intervention. Tesla's stock rose 4% post-call, indicating shareholder belief in Musk's self-driving claims.

【Others】

Vermont's EV adoption has surged, with nearly 18,000 EVs now registered, driven by increased accessibility and infrastructure development, including 459 public chargers. This growth has positioned Vermont at the forefront of reducing emissions, thanks to a diversified range of EV options tailored for the state's climate. Local dealerships, supported by incentives, are enhancing EV accessibility, emphasizing the affordability and growing popularity of used EVs.Lime is expanding its fleet with the introduction of LimeBike and LimeGlider across Europe and North America. These new electric vehicles incorporate design innovations based on feedback, enhance rider accessibility, and prioritize sustainability through modular construction and swappable battery technology. Lime aims to boost micromobility usage and reduce car dependency, especially among traditionally underrepresented groups.Chevy introduced the Blazer SS EV, a mid-sized SUV boasting over 300 miles of range thanks to a 102kWh battery. The Blazer SS offers substantial horsepower and features like SuperCruise, competing with Tesla's Model Y and Ford's Mustang Mach-e GT. It combines performance with practicality, positioning it as a strong contender in the EV market.
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