Tesla reports 13% drop in first-quarter vehicle deliveries from a year ago
Publishing timestamp: 2025-04-02 13:06:52
Summary
Tesla reported a drop in vehicle deliveries for the first quarter of 2025, leading to a rebound in its stock price. The company faced protests and boycotts due to CEO Elon Musk's political activities. Tesla's market share in Europe and China declined, and the company is facing increased competition in the electric vehicle market. Despite challenges, Tesla expects its Model Y SUV to be the bestselling car this year.
Sentiment: MIXED
Tickers: TSLA,
Keywords: technology, business news, breaking news: technology, climate, venture capital, breaking news: politics, politics, autos, tesla inc, elon musk, donald j. trump,
Source: https://www.cnbc.com/2025/04/02/tesla-tsla-q1-2025-vehicle-delivery-and-production-numbers.html