Tesla (TSLA 5.20%) reported Wednesday that it delivered just over 336,000 electric vehicles worldwide in the first quarter of 2025, a number that fell well short of most Wall Street estimates.
Bloomberg's Craig Trudell explains what's behind Tesla's worst sales slump since 2022. He joins Caroline Hyde on “Bloomberg Technology.
Wealth anchor Julie Hyman reports on the latest financial news to help grow your money for April 2, 2025. As President Trump is set to unleash levies on trillions of dollars of goods that come into the United States, Julie looks at what the impact will be on your grocery bill.
Tesla (TSLA) was down more than 4% this morning after its first quarter deliveries came in vastly under expectations. Around lunch time, the stock soared 5% off news of CEO Elon Musk stepping back from his DOGE role.
Tesla, Inc. delivered 336,681 EVs in Q1 2025, showing a year-over-year drop of 13%. Q1 deliveries also missed the consensus of 390,000 EVs by a wide margin. Despite weak deliveries, Tesla is set to ramp up deliveries in FY 2025 due to the launch of a new low-cost EV, the stripped-down Tesla Model Y. Chinese EV makers saw impressive year-over-year growth in March and Q1 as well, including BYD, XPEV, NIO and Li Auto.
CNBC's Eamon Javers joins 'The Exchange' to discuss Tesla shares climbing on news that Elon Musk's time at DOGE may be coming to an end and what's happening with TikTok as the temporary extension expiration date looms.
A Tesla Inc TSLA analyst sees the electric vehicle company at a pivotal moment in the company's history after reporting weaker-than-expected first-quarter deliveries Wednesday.
Shares of Tesla (TSLA 5.16%) are rebounding on Wednesday. The electric vehicle maker's stock gained 5.1% as of 12:22 p.m.
BYD, Tesla's Chinese rival, has been on a tear, with sales up 60% in the first three months of 2025. Tesla announced its worst quarterly sales since 2022 on Wednesday.
Tesla Inc. (NASDAQ: TSLA) has reported one of its weakest quarters since 2022, delivering just 336,681 vehicles in Q1 2025 a steep 13% drop from the 386,810 units delivered in the same period a year earlier.
Tesla's Q1 delivery figure represented a 13% decline from a year ago.
Tesla's vehicle deliveries dropped to 336,681 in the first quarter of 2025, down 13% from the same period a year earlier. The figures, released on Tuesday, reflect weaker-than-expected sales, missed investor targets, and mounting competitive pressures across global markets.