Tesla's Global Vehicle Deliveries Sink 13% In First Quarter -- WSJ

Dow Jones04-02

By Becky Peterson

Tesla's global vehicle deliveries fell 13% in the first quarter, further evidence that a growing consumer backlash against the brand and Chief Executive Elon Musk is hurting the automaker's business.

The final quarterly tally of 336,681 missed analysts' expectations of 396,960 deliveries, according to Visible Alpha.

Tesla shares fell about 4% in premarket trading Wednesday following the release of the January-to-March figures, continuing a sell off which has seen shares fall by as much as 45% since the start of the year.

Musk's active role in the Trump administration and vocal support for far-right parties in Europe has made Tesla a target of political protests and boycotts in recent months, including in some cases by once-loyal Tesla owners. .

Recent surveys have shown an erosion in the brand's appeal, especially among Democrats in the US. Some Wall Street analysts have downgraded Tesla shares based in part on the growing animosity for the brand.

Write to Becky Peterson at becky.peterson@wsj.com

(END) Dow Jones Newswires

April 02, 2025 09:19 ET (13:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Some Wall Street analysts have downgraded Tesla shares based in part on the growing animosity for the brand. \n</p>\n<p>\n     Write to Becky Peterson at becky.peterson@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 09:19 ET (13:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720051108.HKD","symbol_name":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524849643","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524849643","pubTimestamp":1743599940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tesla's global vehicle deliveries fell 13% in the first quarter, further evidence that a growing consumer backlash against the brand and Chief Executive Elon Musk is hurting the automaker's business.The final quarterly tally of 336,681 missed analysts' expectations of 396,960 deliveries, according to Visible Alpha.Tesla shares fell about 4% in premarket trading Wednesday following the release of the January-to-March figures, continuing a sell off which has seen shares fall by as much as 45% since the start of the year.Musk's active role in the Trump administration and vocal support for far-right parties in Europe has made Tesla a target of political protests and boycotts in recent months, including in some cases by once-loyal Tesla owners. .Recent surveys have shown an erosion in the brand's appeal, especially among Democrats in the US. 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Some Wall Street analysts have downgraded Tesla shares based in part on the growing animosity for the brand. \n\n\n     Write to Becky Peterson at becky.peterson@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2025 09:19 ET (13:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2524849643","isCrawlerRequest":true}