Tesla’s sales fall 13% in January-March quarter
WASHINGTON/ISTANBUL (AA) – Tesla’s car deliveries fell 13% year-on-year in the first quarter of 2025, amid controversies about CEO Elon Musk’s political stance, according to data released Wednesday.
The number of vehicles delivered by the US electric vehicle (EV) manufacturer in the first quarter decreased to 336,681 from 386,810 in the first quarter last year.
The market expectation was that the number of vehicles delivered by the company would be between 360,000 and 370,000.
The company produced 362,615 vehicles in the first quarter of this year, also down from 433,371 vehicles in the same period of 2024.
The EV producer’s sales in Europe fell 45.2% in January compared to last year.
Tesla’s shares also fell more than 2% after delivery data failed to meet expectations.
After Trump won the presidential elections in November, Tesla’s popularity declined due to the political actions of the owner Elon Musk.
The company faced protests and boycotts due to the political rhetoric of Musk.
Musk, who supported Trump during the election campaign, was appointed head of the Department of Government Efficiency (DOGE) after Trump was re-elected president to a second non-consecutive term.
Steps by DOGE to reduce costs and the dismissal of thousands of federal employees have been the subject of controversy.
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