NEW YORK (AP) — Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The company reported that deliveries of its electric vehicles dropped 13% in the January to March period. The weak demand was likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.
Tesla Sales Tumble 13%
April 3, 2025 5:09 am