Workflow
Tesla's March Slump Stands Out As Competitors Surge Amid Tariff-Driven Rush
TSLATesla(TSLA) Benzinga·2025-04-02 12:20

Tesla, Inc. (NASDAQ: TSLA) found itself on the wrong side of a historic surge in U.S. auto sales last month, with March vehicle sales slipping 8% year-over-year despite a broader industry boom.According to JPMorgan analyst Ryan Brinkman, U.S. light vehicle sales soared 14% as buyers rushed to dealerships ahead of steep new 25% tariffs on auto imports. This buying frenzy pushed the seasonally adjusted annual rate (SAAR) to an impressive 17.8 million – the highest since April 2021.But for Tesla, it was anythi ...