Tesla has the worst sales in company history amid Elon Musk's rebound

Read Time:1 Minute, 20 Second

Tesla's sales fell as anger over Elon Musk's role in the administration continued to grow. According to CNN, sales fell 13% in the first three months of the year. This is the most significant decrease since the company's launch in 2003. On Wednesday, Tesla reported it had delivered only 336,681 cars in the quarter, 50,000 fewer than in the first three months of 2024. This was the company's worst sales performance in nearly three years. This grim update comes as the automotive company faces large protests outside dealerships from those who oppose Musk's role with the Department of Government Efficiency (DOGE), specifically the job cuts that have occurred since the agency began monitoring the federal government's budget. There are also vandals targeting Tesla facilities, including charging stations and certain vehicles. These events may have prevented potential Tesla buyers from making purchases. Tesla did not mention the protests in its sales statement. However, this does point to the latest news for the quarter on the Y model, which temporarily stopped production at all four of its plants in a few weeks. A poll last month found that only 35% of Americans had positive views on Musk, while 53% had negative views on him, making him more well known, making him more unpopular, and more popular than Vice President JD Vance, his 33% conding after Aperial Famer and Famity and Famity and Bortive and 44% of his negative views. AlertSubscribe sends the latest posts to your email.

Source link