Overview
- Tesla delivered 336,681 vehicles in Q1 2025, a 13% year-over-year decline, falling short of analyst estimates ranging from 360,000 to 408,000 units.
- The company cited production disruptions from the rollout of the refreshed Model Y, which caused several weeks of lost manufacturing time, as a key factor in the decline.
- Sales in key European markets, including France, Sweden, and Denmark, dropped significantly, contributing to Tesla's market share in Europe falling from 17.9% to 9.3%.
- Elon Musk's political involvement, including his advisory role in the Trump administration, has sparked protests, boycotts, and vandalism, further damaging Tesla's brand and impacting sales.
- Tesla's stock has fallen over 30% year-to-date, reflecting investor concerns about declining sales, competitive pressures, and ongoing backlash against Musk's leadership.