US EditionTesla sales slump - but shares spike on report Musk leaving Doge
- Tesla reported approximately 337,000 vehicle deliveries in Q1 2025, falling short of expectations.
- Declines in brand perception began in 2022 with Musk's Twitter purchase, influencing sales.
- Sales dropped in the US, Europe, and China, despite EV market growth and new models.
- Dan Ives called the delivery numbers 'a disaster on every metric'; Gerber posted, 'These numbers suck'.
- Tesla closed at $282.76 Wednesday, gained 5.33%, then fell 8.01% to $260.12 after hours.
46 Articles
46 Articles
Will leaving Trump be enough for Musk to save Tesla?
Tesla experienced a boost in share price this week following reports that chief executive Elon Musk could be leaving his post in the US Government.The electric vehicle firm has had a turbulent start to the year, with share prices tumbling and a boycott spreading around the world.Tesla showrooms have been protested and vehicles the subject of arson attacks, over Musk’s relationship with Donald Trump and work leading the new Department of Governme…
Elon Musk's potential DOGE exit boosts Tesla shares amid sales slump
Tesla reported a 13% drop in vehicle deliveries for the first quarter of 2025, the sharpest year-on-year decline in the company’s history, as mounting political backlash and rising competition put pressure on the EV giant. The company delivered 336,681 vehicles in the first three months, down from nearly 387,000 in the same period last year. The drop, blamed partly on a temporary production halt due to Model Y updates, came amid protests against…
Tesla Brand Won't Suffer From Elon Musk's 'Antics,' Says Analyst Despite Delivery Miss, 8% Stock Drop In After-Hours Trading - Lucid Group (NASDAQ:LCID), NIO (NYSE:NIO)
Pierre Ferragu defended his position on Wednesday that negative publicity surrounding CEO Elon Musk won't harm Tesla Inc. in the medium term.
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