Tesla sales unexpectedly plunge after Elon Musk backlash

Tesla’s sales plunged to the lowest level three years after the backlash against his boss Elon Musk.

Electric vehicle manufacturers delivered nearly 337,000 electric vehicles in the first three months in 2025, down 13% year -on -year.

Tesla shares plunged from early Wednesday early transactions after unexpectedly low sales were announced.

Cars are increasing competition with Chinese companies, BYD, but experts believe that there is a controversy of MUSK. The role of the Trump administration also affected.

The company has blamed the decline in sales of the most popular cars of the most popular cars.

But some analysts pointed their fingers to musk themselves.

Gerber Kawasaki Wealth and Investment Management’s early Tesla investor Ross Gerber wrote on X.

“The brand may be broken and can’t be fixed,” Gerber was once a musk supporter, but recently the board called the CEO to remove the billionaire.

There were protests and boycotts around the world with political participation in the political participation of MUSK’s feces.

He led President Donald Trump’s government efficiency (DOGE) initiative, reducing federal spending and cutting government workers.

Wednesday, Politico Reported Trump said his inner circle musk will be retreated from the administration in the next few weeks.

Immediately after the report was posted, Tesla’s share price changed positively.

The White House shot down the report with “garbage”. Since he is considered a special official, the musk under the law can only serve 130 days in the administration this year, which will start in June.

Tesla Boss is the richest man in the world and has donated more than $ 1 billion to allow Trump to be elected in November.

In recent weeks, he has spent millions of people in the Wisconsin Supreme Court.

The backlash against Mr. MRSK included “Tesla takeown”. protest At the Tesla agency in the United States and Europe.

Tesla cars were also damaged, and Trump said his executive would claim Tesla’s “domestic terrorism.”

Musk’s stewardship on his business, including Tesla, is questionable.

In a recent interview, he admitted that he was “operating a big difficulty.”

Tesla stocks have lost more than a quarter of their values ​​since the beginning of this year, based on Wednesday 13:51 EDT (18:51 BST).

WEDBUSH’s analyst DAN IVES said on Wednesday, “We will not see this number with rose glasses.

“More political [Musk] The more you suffer, the more you can’t do it with Doge. “

After the Wednesday report was released, Randi Weingarten, one of the strongest trade unions in the United States, said that the company’s latest sales were “terrible” in dozens of public pension funds about Tesla.

She urged them to take a closer look at what Tesla stake and money manager “to protect retirement assets.”

“This rejection seems to be leading by spending time in pursuing political activities, and some of them seem to collide with Tesla’s brand and business interests rather than manage Tesla,” Weingarten wrote.

Composers about New York City have already announced that they will sue Tesla on behalf of the city’s large pension system.

“Elon Musk is so distracted that Tesla is driven out of the financial cliff.