Tesla in trouble: The American manufacturer of electric cars provided data from the first quarter of 2025. In the first three months of this year, Tesla sold 336,681 vehicles. Compared to the previous year decrease by up to 13 %, i.e. about 50,000 cars. What's more, this is the worst result in three years. Tesle does not provide data with clarification to the region, but the data of the European Association of Car Manufacturers shows that only in January and February the sale of these cars in Europe fell by 49 percent.
Protest against Elon Musk: One of the main reasons for the decline in Tesla sales is indicated by the reluctance to its owner and Donald Trump, with whom he cooperates. People are furious at the billionaire, among others For the actions of the government efficiency department, i.e. the dog, which closes government institutions and releases employees. “Closeness” with Trump and commitment to politics also meant that Elon Musk naturally neglected the company, which especially investors blame. As a side note, let's remember that Tesla's shares fell in the first quarter by 36 percent.and through Wednesday's data they probably dive deeper.
More bad news: Not only data on “sales”, but also those regarding production are bad. Tesla announced that She produced “only” 362,615 vehicles. Until recently, even 100,000 were expected. more cars. A year ago, 433 371 cars were produced at the same time. “Although the change of model Y line in all four of our factories has led to a break of several weeks in production in the first quarter, the implementation of the new model Y is still successful” – however, the company assured in a communiqué.
China on the offense: Tesla is more and more clearly standing from its greatest competition from China – Byd. It just so happens that the Chinese giant also provided data for the first quarter. As much as 60 percent were recorded. sales increase compared to the previous year, and considering only electrics, it was an increase of 39 percent up to over 416,000. “BY is on the right track to overtake Tesla for the first time and become the largest seller of electric vehicles in the world, having 15.7 percent market share, will overtake Tesla with 15.3 percent.” – writes the Reuters agency.
Sources: Reuters, CNN, Tesla, Investopedia.com