Tesla revealed a 13 percent drop in sales this quarter, which coincides with backlash toward CEO Elon Musk's involvement in the federal government.
(Reuters) -Tesla sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.
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.
"I think these are the worst quarterly production & delivery numbers I've ever seen for Tesla," wrote Omar Qazi, better known as @WholeMarsBlog.
Tesla witnessed a 13 percent slump in vehicle sales in the first three months of 2025. The electric vehicle company has actually experienced
Tesla Inc.’s sales plummeted 62% last quarter in Germany, a development the outgoing economy minister sees as an opening for the nation’s beleaguered carmakers.
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The Newark, Calif.-based automaker reported a brisk uptick in deliveries for the first quarter of 2025. Lucid sold 3,109 vehicles, a 44 percent increase year over year. The company said it produced 2,
Tesla sales have plummeted to their lowest level in three years after a backlash against its 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 in early trading on Wednesday after the release of the low sales numbers.
Tesla's sales in key European markets fell again in March, data showed on Tuesday, adding to signs that drivers are shunning Elon Musk's electric car brand as competition from China stiffens and some protest against his political views.