Tesla, Elon Musk
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Associated Press News |
Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying car company is struggling to attract buyers.
Reuters |
Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previous month.
Bloomberg L.P. |
Sales plunged 43% in March after steeper declines in February in January.
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CEO Elon Musk has been highly preoccupied with his new position at the so-called Department of Government Efficiency (DOGE), leaving investors to wonder about Tesla’s future. As share prices have fallen,
Automotive industry experts told BI that Tesla needs to launch more models, develop more advanced technology, and up its advertising.
Is Tesla losing its charge? The electric car company dropped in value as its CEO ramped up his involvement in the Trump administration.
12hon MSN
Ohio has named the 1905 Wright Flyer III its official state airplane. Described as Orville and Wilbur Wright’s crowning achievement, the world’s first practical fixed-wing aircraft made its first sustained flight at Huffman Prairie outside Dayton.
Tesla reported almost 336,700 Q1 vehicle deliveries, missing analyst expectations. That's 13% lower YoY and the worst quarterly data since 2022.
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Tesla is seeing softer demand for its electric vehicles amid protests over Elon Musk's government role at DOGE.
Elon Musk says his work with DOGE has hurt Tesla, but a stale lineup and the demise of a $25,000 EV also have drivers looking elsewhere.
Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.