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Elon Musk stepping down speculation fuels slump in Tesla shares and sales
Competition from China also continues to squeeze Tesla. Chinese EV maker BYD sold over 416,000 pure electric vehicles in the same quarter, a 39% rise year-on-year, surpassing Tesla once again in global sales. Tesla still leads in full-year numbers, but analysts say that could change by the end of 2025.
Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway. By Melissa Eddy and Jack ...
Tesla Inc.’s vehicle sales fell 13% in the first quarter, dragged down by the changeover of its most important model and international backlash against Elon Musk.
Tesla's worldwide sales tumbled in the first quarter, figures showed Wednesday, piling further pressure on CEO Elon Musk who faces a growing backlash for his role overseeing US federal ...
Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers ...
Tesla's first-quarter sales slumped 13%, its weakest performance in nearly three years, in a backlash to CEO Elon Musk's embrace of far-right politics and as consumers seek out newer models ...
The company, led by outspoken CEO Elon Musk, has seen sales drop 42.6 percent ... which has added to Tesla's sales slump. Overall, new car sales dropped 3.4% in Europe in February, but ...
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