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Tesla slammed by lower Q1 sales — will the pain continue? [Yahoo! Finance]

Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
It was the lowest total number of deliveries since the second quarter of 2022 for the electric vehicle specialist — and more disappointment may be on the way. Tesla has faced significant backlash around the world as consumers opt not to buy its vehicles in reaction to CEO Elon Musk and his efforts to cut government programs as part of the Department of Governmental Efficiency (DOGE). While Tesla stock dropped by more than 50 percent from its December 2024 high to its March 2025 low, investors are now asking themselves whether the sales declines will continue. The stock is up more than 25 percent from its 2025 low, and even bounced higher when first-quarter deliveries were announced, suggesting the news was better than feared. Investors have at least some reasons to be bearish on Tesla and expect more of the same sales slump throughout the year. First, Tesla's first-quarter sales in the U.S. may have been largely unaffected by Musk's acts as part of DOGE during January, as the Tr
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