Tesla Sales Drop 13% in 1st Quarter
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Elon Musk’s involvement in right-wing politics has contributed a 13 percent drop in global deliveries in the first quarter, including steep declines in places like Norway.
From The New York Times
The company produced 14,611 vehicles, but only sold 8,640 of them, a 36 percent drop year over year.
From The Verge
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Long-time investors are urging Musk to refocus his attention on the automaker and away from politics. Some have called for the CEO to either resign from DOGE or find another person to run Tesla. Even Tesla bulls like Dan Ives, an analyst with Wedbush Securities, have conceded that Musk’s political efforts are undeniably harming his EV company.
Elon Musk's past 24 hours have shown troubling signs for his political and personal fortunes.
Tesla’s global vehicle deliveries fell 13% in the first quarter from a year ago, further evidence that a growing consumer backlash against the brand and Chief Executive Elon Musk is hurting the automaker’s business.
The news followed a quarter in which Tesla's stock fell 36%, its worst quarterly performance since 2022, as protests and boycotts in the U.S. and Europe drove potential EV buyers to look elsewhere.
These safe rooms were already a feature long before the current wave of attacks resulting from hatred of CEO Elon Musk
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