Overview

• Tesla delivered 336,700 vehicles globally in Q1 2025, marking a 13% year-over-year drop and its lowest quarterly deliveries in three years.
• BYD surpassed Tesla as the world's largest EV maker, delivering over 416,000 fully electric vehicles in the same period, a 39% year-over-year increase.
• Sales in key markets like Germany and China plummeted, with Germany seeing a 62.2% drop and China a 22% decline due to competition and backlash against Musk's political affiliations.
• Production challenges, including temporary factory shutdowns for the refreshed Model Y, contributed to a 16% year-over-year production decline.
• Tesla's stock has fallen significantly, reflecting investor concerns over declining sales, political controversies, and eroding market share.