TSLA said three pressures drove Energy margin lower. A roughly $240M warranty impact came from legacy vendor cells. More than $200M in Q1 ta

TSLA said three pressures drove Energy margin lower. A roughly $240M warranty impact came from legacy vendor cells. More than $200M in Q1 tariff benefits did not repeat. Industrial storage prices also fell. Tesla expects margins to normalize in the mid-to-low 20% range.