Tesla continues to experience a rapid decline in sales, with the American brand led by Elon Musk announcing that first-quarter sales fell by 13% compared to the same period in 2024.
The 100% electric vehicle brand delivered a total of 336,681 units worldwide in the first three months of 2025, contradicting the forecasts of FactSet analysts, who anticipated deliveries exceeding 400,000 vehicles, and falling well below the 387,000 vehicles sold in the same period the previous year.
The decline in Tesla’s sales occurred despite significant discounts, zero financing, and other incentives announced by Tesla, which is experiencing weak demand in the United States and China, as well as facing pressures in Europe.
The drop in sales for Elon Musk’s company is attributed to a combination of factors, including the ‘aging’ of the product lineup, competition from Chinese rivals, and the multimillionaire’s relations with the U.S. administration under President Donald Trump.
Additionally, it is worth noting that Elon Musk, CEO of Tesla, generated significant controversy in Europe by announcing his support for far-right political forces, which contributed to the decline in Tesla’s sales even before the revamped Model Y hit the market.