Tesla's Quarterly Sales Drop by 13%
World
Against the backdrop of Elon Musk's involvement in politics and the reconfiguration of factories, Tesla’s quarterly sales have decreased by 13%. This is one of the lowest figures in the past three years, and according to Bloomberg, the worst result during this period.
Elon Musk’s Tesla company delivered 336,681 vehicles to customers in the first quarter of 2025, which is 13% less than during the same period last year. This was stated in a press release published by the company on Wednesday, April 2.
This is the worst result in the past three years and the lowest level since the second quarter of 2022, Bloomberg reports. Analysts surveyed by the agency had expected Tesla to sell over 390,000 cars and trucks on average.
These numbers reflect the scale of the challenges Tesla faced at the beginning of 2025. The company reconfigured factories worldwide to adapt to the production of the updated Model Y, leading to production losses. Additionally, Musk’s active involvement in U.S. and global politics sparked protests in the United States and Europe, according to Bloomberg.
At 11:15 AM New York time (8:15 PM Tashkent time) on April 2, Tesla’s stock fell by 1% on the exchange. Although it initially dropped by 6.4% after the opening of trading, it later recovered slightly. The highest stock prices were observed in the weeks following Donald Trump’s victory in the U.S. presidential election. However, as of the close of trading on April 2, Tesla’s shares had fallen by 44% compared to that period.
In mid-December 2024, Tesla’s stock was valued at around $480 (442 euros) per share.
Musk’s recent strong promotion of the far-right party "Alternative for Germany" during early Bundestag elections significantly reduced the demand for his brand’s cars in Germany.
This is the worst result in the past three years and the lowest level since the second quarter of 2022, Bloomberg reports. Analysts surveyed by the agency had expected Tesla to sell over 390,000 cars and trucks on average.
These numbers reflect the scale of the challenges Tesla faced at the beginning of 2025. The company reconfigured factories worldwide to adapt to the production of the updated Model Y, leading to production losses. Additionally, Musk’s active involvement in U.S. and global politics sparked protests in the United States and Europe, according to Bloomberg.
At 11:15 AM New York time (8:15 PM Tashkent time) on April 2, Tesla’s stock fell by 1% on the exchange. Although it initially dropped by 6.4% after the opening of trading, it later recovered slightly. The highest stock prices were observed in the weeks following Donald Trump’s victory in the U.S. presidential election. However, as of the close of trading on April 2, Tesla’s shares had fallen by 44% compared to that period.
In mid-December 2024, Tesla’s stock was valued at around $480 (442 euros) per share.
Musk’s recent strong promotion of the far-right party "Alternative for Germany" during early Bundestag elections significantly reduced the demand for his brand’s cars in Germany.
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