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Elon Musk took a chainsaw to the US government. Tesla is taking the hit. [TechCrunch]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
But his slide into politics – specifically his alignment with President Trump and activities within the federal government – has dragged Tesla into uncertainty. For many would-be Tesla buyers, the brand has lost its progressive luster. And while Musk has long been the face of Tesla , that link has taken a negative turn as the billionaire oversees mass layoffs and the elimination of federal programs via the Department of Government Efficiency Tesla's disappointing first-quarter deliveries demonstrate just how much the brand has fallen out of favor. The company reported 336,681 deliveries in the first three months of 2025, down from 495,570 in Q4 2024 and 386,810 in the first quarter of last year. That's off the back of an unimpressive 2024 , which saw fewer deliveries than the year prior amid production delays and increased EV competition. For many, Musk's political activities have turned Tesla into a symbolic pariah. Tesla trade-ins have hit record highs, while sales in Europe h
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