Tesla sales plunge
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Tesla sales dropped by nearly 13 percent in the first three months of the year amid a broader backlash against CEO Elon Musk and his leadership of President Trump’s Department of Government Efficiency...
From WAVY.com
The backlash against Mr Musk has included "Tesla Takedown" protests at Tesla dealerships across the US and in Europe.
From BBC
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The U.S. carmaker is facing a headwinds in China, in particular mounting challenges from local rivals like BYD.
Tesla sold 336,681 vehicles in the first three months of 2025, its lowest sales performance in over two years. The automaker said it built 362,615 vehicles during that period, which is also a drop, but attributed it to production losses suffered due to its assembly lines changing over to build a refreshed version of its Model Y.
Tesla revealed a 13 percent drop in sales this quarter, which coincides with backlash toward CEO Elon Musk's involvement in the federal government.
BYD, Elon Musk's Chinese archrival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.
The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.
According to the California New Car Dealers Association (CNCDA), here are the most popular vehicles sold (with total sales numbers ... topped the list consistently for the last several years: Tesla. The Tesla Model Y takes the top spot in the index.
When California motorists fill their tanks ... EVs Chinese electric vehicle maker BYD reports 2024 revenue over $100B, topping Tesla’s sales Tesla sales fall by 49% in Europe even as the electric vehicle market grows Tesla’s retail fans buy the ...
The EV maker’s first-quarter deliveries fell 13 percent year-over-year as CEO Elon Musk led efforts to slash the federal government.