Core Insights - Tesla's first-quarter deliveries fell by 13% due to declining consumer demand for electric vehicles and controversies surrounding CEO Elon Musk's political involvement [1][2] - The company delivered 336,681 vehicles in the first quarter, down from 386,810 units a year ago, and below the expected 372,410 vehicles [1] - The brand is facing pressure due to a lack of updates in its vehicle lineup and Musk's political affiliations [2] Sales Performance - Tesla's deliveries in the first quarter were 336,681 vehicles, a decrease of 50,129 units from the previous year [1] - The decline in deliveries represents a 13% drop compared to the same quarter last year [1] Market Reaction - Protests have occurred at Tesla dealerships in the U.S. and Europe, alongside incidents of vandalism against Tesla vehicles [4] - The FBI is treating attacks on Tesla owners as "domestic terrorism," indicating heightened tensions surrounding the brand [4]
Tesla's first-quarter deliveries fall amid slow demand, Musk controversy