Tesla Recorded 336,681 deliveriesIts west Quarterly performance in more than two years as the brand suffers a backlash to ce ceo elon musk’s politics maaneuverings.
The Dip in Sales Comes as Musk Continues leading dogThe “Advisory Body” That has laid off thirds of federal employees and attempted to eliminate enter agencies and programs. His involvement in the government has not only proven controversial, but also unpopularLeading many to wonder what effect it might have on Tesla’s sales.
Even one of tesla’s top supporters on Wall Street recently beseed Musk to Spend Less Time on Politics and More Time Running His Businesses.
Tesla also Released Production Numbers of 362,615, which is Down from Previous Periods in Part Due to the Automaker Switching Its Production Lines for the new model y refreshed.
Analysts on Average Expected Tesla to Report Deliveries of 408,000 EVS for the period of January to march, per factset. Thought in Recent Weeks, Several Analysts Downgraded their expectations to below 400,000 as’Tesla Takedown, protests Erupted across the country and international sales fell.
Tesla does not break down its delivery numbers by region, but sales in europe and china have fallen in the first quality.
In the first two months of the year, european sales tumbled 49% year -over-yar, even as sales of evrals of evrall green, per the European Automobile Manufacturer’s Association.
In Germany – Home to one of Tesla’s GigaFACTORES and Usually One of Tesla’s Larget Eu Markets – ThOSE NUMBERS are Down even Further. In February, Tesla sales in Germany was down 76% to just 1,429 units compared to 6,038 in 2024. The fall in sells follows musk’s musk’s endorsment of Germany’s Far-Right AFD Party in Last AD PartY in Last AFD Party Election.
That trend has followed throughout europe in March, per early data related by some count. For example, French Trade Association PFA Reported 3,159 Tesla Deliveries Last Month, Down 37% from March 2024 and Down 41% for the Quarter. The story is similar in sweden, where Tesla sales fell 64% in March.
Overall in Europe, New Ev Sales Grew by 28.4%, Capturing 15.2% of the Total Eu Market Share, even as oven as overal new car registrations fell.
Meanwhile in China, a key market for tesla, sales of its Shanghai-Made Cars Fell in March AMID COMPETITION from byd, which Surpassed Tesla on Revenue in 2024, and other locals like geely. Tesla Sold 78,828 EVS in china in March, Down 11.5% Year-Over-Year, According to Data from the China Passenger Car Association. That’s up from the 30,688 cars bough in February.
Tesla has had a rough start to the year. Its stock hit its lowest performance since 2022 amid mounting pressure, Increased Backlash Against Musk, and an aging lineup. Despite the cybertruck’s popularity, it Hasn Bollywood Tesla’s Sales Numbers Enough To turn things Around.
Tesla Likely Hopes its refreshed model y and other potential upgrades Coming this year will boost its sales numbers. Earlier this week, Tesla Began Offering 0% Financing on the refreshed model y range in china. The company has also tied Mysterious New Lower-Cost Models that it has yet to revise,