Deliveries of the first quarter fell 13% in annual sliding, signaling a weakening of demand for electric vehicles in Tesla
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by John Halas
April 2, 2025 at 10:26
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- Tesla delivered 336,681 vehicles to T1 2025, down 13% compared to last year.
- Production dropped to 362,615 vehicles, with model 3 and constituting the mass there.
- The global counterpoup fueled by Elon Musk’s policy may have damaged its sales a lot.
Tesla’s Q1 2025 results are in place, and let’s just say that the shine seems to wear out. The formerly dominant leader begins to show cracks, with figures that indicate deeper problems than a simple temporary slowdown.
Plus: Canada interrupts the Tesla EV discount complaint of $ 43 million Musk after fast fire sales, prohibits future subsidies
The company declared 336,681 deliveries for the first quarter, a sharp drop of 13% compared to the same period last year, when it moved 386,810 vehicles. The production figures did not seem much better: Tesla built 362,615 vehicles in T1 2025, against 433,371 a year ago. Overall, this is a much lower performance than most investors had only planned, expectations generally between 360,000 and 380,000 deliveries.
Tesla does not break its figures by model or region, but he confirmed that 345,454 of those produced were its main family supporters – the model 3 and the Y model. Of these, 323,800 made the hands of customers between January and March. This leaves only 12,881 deliveries counted by the Cybertruck, the X model and the combined S model.
Public counterpouss and product gaps reach harshly
Part of the decline could be circumstantial. During the quarter, Tesla faced mounting demonstrations, boycotts and acts of vandalism targeting exposure rooms, vehicles and charging stations around the world, 80 electric vehicles set fire to Canada for a widespread repair of cybertrols across the United States.
The common denominator? The political buffoonery of the CEO Elon Musk and the behavior that affects, including its involvement with DOGE, the links with the Trump administration and a widely criticized gesture perceived as a Nazi salute, which continues to fuel controversy and alienate large segments of the market.
On the product side, there is also the transfer of the Y model to blame. Tesla is eliminating the current version of its bestseller in favor of the Lift Juniper model. The updated version was put up for sale in China at the end of January and began to reach markets like Australia and Europe at the end of February. But the deployment has been fragmentary, because unlimited editions have not even went to North America yet. Worse, Tesla has been out of stock of the old model here for a few weeks now, so that it undoubtedly harms its sales figures.
Lower stocks after low performance Q1
These dull delivery numbers follow a punitive section for Tesla’s actions. The company has just published its worst quarterly performance since 2022, which has allowed 31% of its value since the start of the year.
The stock had led Musk’s alignment with Trump, culminating at $ 428 on January 15, a few days before Trump’s inauguration on January 20. But this momentum evaporated quickly. After the announcement of the quarterly results, Tesla shares briefly dropped by 13% to $ 256.58 before bouncing slightly at $ 263 at the time of publication, against about $ 268 the day before.
