Amid growing fallout over Elon Musk’s involvement in the Trump administration, Tesla’s sales fell a staggering 13 percent in the first quarter of 2025 year over year.
Tesla sales plunged 13% in the first three months of this year, as the company reported the largest drop in deliveries in its history by far, as backlash against CEO Elon Musk, and growing competition from other automakers’ electric vehicles,
Tesla shares gained ground Tuesday after losing more than a third of their value in the first quarter. Monitor these crucial support and resistance chart levels.
But on a recent afternoon, a couple of men on bikes saw the Tesla logo on the front of my car and shouted, “Fuck you, Tesla guy” as I rolled by with the windows down. I bought my Tesla Model 3 in 2019,
Tesla saw a decline in March vehicle sales despite a surge in U.S. auto sales. Its grip on the EV market weakened as competitors gained ground and industry-wide prices remained resilient.
Tesla shares fell 2 percent on Monday, deepening their year-to-date decline to 36 percent, making the company one of the worst-performing stocks in the S&P 500 so far this year. Much of the drop is attributed to growing concerns that the electric vehicle maker's public image has become too closely tied to its CEO, Elon Musk.
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ABS-CBN on MSNTesla first quarter sales sink amid anger over Musk politicsTesla reported a 13 percent drop in first-quarter auto sales Wednesday amid lower production during factory upgrades and blowback over CEO Elon Musk's work for the Trump administration.
Tesla was the hottest stock in the market following Donald Trump's inauguration on January 20. 2 months later, the company faces its biggest challenge in years. CEO's Elon Musk stint as a White House advisor has irked lawmakers and investors alike,
Shares of Tesla fell more than 2% on Wednesday as the company recorded a bigger-than-expected drop in sales in the January-March period.