Guardian: Tesla quarterly sales slump 13% amid backlash against Elon Musk
Tesla reported a 13% drop in vehicle sales in the first three months of the year, making it the electric vehicle maker’s worst quarter since 2022. It’s another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
The drop is likely due to a combination of factors, including its ageing lineup, competition from rivals and a backlash from Musk’s embrace of rightwing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.
Tesla reported deliveries of 336,681 vehicles globally in the January-March quarter. Analysts polled by FactSet expected much higher deliveries of 408,000. The figure was down from sales of 387,000 in the same period a year ago. The decline came despite deep discounts, zero financing and other incentives.
Yet TBD/Undecided with Matt Ferrell (YouTube): 261: Sulfur So Good: Talking AI & Lithium-Sulfur Batteries
Matt and Sean talk about how AI is impacting us today. As well as a recent change in lithium-sulfur battery research, and how that might change the energy storage market. Stinky sulfur may finally be leaving its mark. Watch the Undecided with Matt Ferrell episode, How This Overlooked Battery Might Change Everything.
So there were a number of things about AI that were said in the first part of this episode that I disagree with but it prompted some discussion here, and isn’t that part of what a good podcast does?
Last Updated: 02.Apr.2025 22:44 EDT
