In the first quarter of 2025, Tesla’s car deliveries dropped by 13%, far below analyst estimates. Older car models, heightened rivalry from rivals like BYD, and popular disapproval of CEO Elon Musk’s political actions are all blamed for this drop. Europe has had the worst sales decreases, with Germany and France experiencing drops of more than 50%. Although Musk admits that his political views have hurt Tesla’s value, investors are becoming increasingly worried about the company’s future. To win back customer trust and increase sales, Tesla is now concentrating on new product developments and updates.
