Tesla is heading into a critical week. The company is set to report its Q1 2025 earnings on April 22, and the market is watching closely. With the stock already down 40% year-to-date, expectations are muted. Analysts are projecting declines in both revenue and earnings per share (EPS), citing weakening demand for electric vehicles (EVs), growing competitive pressure, and production hurdles. The stakes are high—and the uncertainty even higher. Looking back, Tesla delivered a pleasant surprise during last April’s earnings week, with the stock surging 14%. But a repeat performance feels far from guaranteed. The macro environment has changed. So has sentiment around EVs. What was once a high-growth darling now faces a more complex narrative: one of maturing markets and rising competition. Pers