Tesla's Q1 deliveries fell below expectations, stock dropped significantly
From Nasdaq: 2025-04-02 14:54:00
Tesla reported delivering 336,000+ electric vehicles in Q1 2025, falling below Wall Street estimates. Stock dropped 36% due to protests and boycotts, leading potential buyers elsewhere. Deliveries were 14% lower than expected, with Model Y changes causing production delays. Elon Musk’s political involvement negatively affected sales in the US and Europe.
Tesla’s Q1 deliveries dropped 13% from last year, with Model Y and other models declining. Musk’s political controversies impacted sales, with EU market share decreasing. Despite challenges, Musk may reduce political involvement, boosting Tesla’s stock. However, Tesla’s growth may be stalling, caution advised for investors considering its high valuation premium compared to other automakers.
Read more at Nasdaq: Tesla’s Deliveries Are Down Sharply. Is it Time to Worry?