Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle Model Y.

Things look even worse for the even more outdated Models S and X and the often-recalled Cybertruck. Production for these EVs fell by 18.3 percent year over year to 17,161 units in Q1 2025, with sales dropping year over year by 24.3 percent to just 12,881.

Tesla’s sales took a significant hit in the first quarter of 2025, plunging 13% and marking the largest drop in deliveries in the company’s history, according to CNN.

Tesla's market share in Europe continued to shrink in February as sales of the all-electric car maker dropped for a second month even as EV registrations overall on the continent grew.

Tesla (TSLA) stock took another hit as China-made EV sales fell 11.5% year-over-year in March. This decline follows a weak performance in

Tesla shares slid on Wednesday, continuing their downward trajectory for the year, after a rally over the past few days.

Trump is planning to enforce 25% tariffs on the auto industry, so why is Tesla cruising while others are in a spiral? Here's what to know.

The drop came on the heels of declining Tesla sales in Europe, surging U.S. sales by rival EV-makers, and widespread protests among liberals because of the work that Musk has done