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Tesla sales plunge to lowest level since 2022 amid Trump backlash [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla reported 336,000 vehicle deliveries in the January to March quarter, a notable drop from sales of 387,000 vehicles in the same period a year ago. The number marks its worst showing since 2022 and is far lower than analysts' predictions of about 408,000 deliveries. Tesla's stock has plummeted nearly 50 percent since late December, and the company has become a political lightning rod for those upset with Musk's alliance with Trump and leadership of DOGE. Company showrooms across the country have faced peaceful and violent demonstrations, including vandalism, shootings and arson attacks. Wedbush Securities analysts called the quarterly report a “disaster on every metric” and called it a “fork in the road moment” for Musk. “The more political he gets with DOGE the more the brand suffers, there is no debate. This quarter was an example of the damage Musk is causing Tesla,” the analysts wrote in an investor note on Wednesday. The Tesla CEO admitted last month he is having
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