Tesla Sales Tumble 13% As Musk Backlash, Competition And Aging Lineup Turn Off Buyers
Apr 02, 2025
Photo via MGN OnlineNEW YORK (AP) — Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
The company reported that deliveries of its electric vehicles dropped 13% in the January to March per
iod.
The weak demand was likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics.
It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors. ...read more read less