US EditionTesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago
- Tesla's vehicle deliveries dropped by 13% to 336,681 in the first quarter, down from 386,810 last year, according to the company.
- Tesla's shares fell 30% this year, attributed in part to protests and vandalism targeting its dealerships.
- Elon Musk faced backlash for his involvement with the Trump administration, affecting Tesla's reputation, as stated by Wedbush analyst Dan Ives.
- Musk expressed confidence in Tesla's long-term prospects despite current challenges, stating, 'I think Tesla stock’s going to do fine.
314 Articles
314 Articles
Tesla sales "unexpectedly" plunge
The BBC's story about Tesla's sales figures doesn't mince words. They have "plummeted," writes Lily Jamali, to the level they were at three years ago, even as sales of electric vehicles from other automakers are growing. The funny part is that the BBC put the word "unexpectedly" in its title, as if there were anything suprising about it. — Read the rest The post Tesla sales "unexpectedly" plunge appeared first on Boing Boing.
Tesla's vehicle deliveries slumped to start the year
Tesla has been wrestling with sliding sales, production issues and controversy generated by CEO Elon Musk, the richest person in the world and the head of President Donald Trump's cost-cutting entity called the Department of Government Efficiency.
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