Tesla Sales Have Plummeted to Their Lowest Level in Three Years After a Backlashes Against IT Boss Elon Musk.
The Electric Car Maker Delivered Almost 337,000 Electric Vehicles in The First Three Months of 2025, A 13% Drop from a year ago.
Tesla Shares Tumbled After The Release of the Unexpectedly Low Sales Numbers.
The Cars Face Increasing Competition From Chinese Firm Byd, But Experts Believe Musk’s Controversial Role in The Trump Administration Have Had An Effect Too.
The Firm has blamed the drop on The Transition to the New Version of Its Most Popular Car.
Howver SOME Analysts Have Pointed The Finger At Musk Himself.
“These numbers suck,” Tesla Shareholder Ross Gerber of Gerber Kawasaki Wealth and Investment Management on the Wrote X.
“The Brand Is Broken and May Not Be Fixable”, Added Mr Gerber, Who Has Previously Called For The Board to Remove Musk As Ceo.
There Have Been Protests and Boycotts Around the World Prompted by Musk’s outspoken and controversial political involvement.
He has been heading up President Donald Trump’s Department of Government Efficiency (DOGE) Initiative To Cut Federal Spender and Slash The Government Workforce.
The World’s Richest Man and contributed More Than A Quarter of A Billion Dollars to Help Trump Get Elected in November.
In Recent Weeks, Mr Musk Poured Millions Into a Wisconsin Supreme Court Race, Supporting Former Republican Attorney General Brad Schimel Who Was Soundly Defeated On Tuesday.
The Backlash Against Mr Musk has included “Tesla Takedown” Protests At Tesla Dealerships Across the US and in Europe.
Tesla Vehicles Have Vandalised, and Trump Has Said His Administration Would Charge People Who Domestic Teslas With “Domestic Terrorism.”
Musk’s Stewardship of His Businesses, Including Tesla, has been called Into question.
In An Recent Interview, Hey Ad Admitted His Enterprises “Great Difficulty,” Adding: “Frankly, I Can’t Believe I’m Doing this.”
Tesla Shares Have a More Than A Thir Air Value Over the Last Year.
“We Are Not Going To Look At Thessal Colored Glasses … They Were Were A Disaster Every Metric,” Wedbush Analyst Dan Ives Said in a Number.
“The More Political (Musk) Gets With The More The Brand Suffers, There Is No Debate.”
