Tesla is selling worse. Is it Elon Musk’s fault? Musk is in trouble
CNN reports that Tesla informed on Wednesday, April 2 that it delivered over 336 thousand. cars in this quarter, i.e. by 50,000 less compared to the first three months of last year. The bad news for Elon Musk is evidenced by the fact that the results have been the worst sales of the company for almost three years. The station reminds that Tesla met with protests in front of her salons on the part of people who opposed Musk’s actions as the head of the Department of Government Efficiency and the Presidential Administration policy of Donald Trump.
Tesla’s fatal results. The worst in three years. Is it Elon Musk’s fault?
The reluctance to Elon Musk is translated into vehicles from his factory. CNN notes that there have been cases of vandalism towards Tesla facilities, including charging station, as well as some cars. It cannot be denied that such actions could discourage buyers from choosing Tesla.
The inheritance is really gigantic. Until recently, every quarter informed about the increase in sales year on year and in the range from 20 to as much as 100 percent. Even in the pandemic, the decline was barely noticeable. Now it is as much as 13 percent. And it cannot be hidden that this is a serious problem for Elona Musk’s company.
Tesla underestimates the problem of sales decline. Tesla also lose their actions
Apparently, however, Tesla underestimates such a clear drop in sales and does not connect it with the owner’s behavior. According to CNN, in its statement the company did not mention the protests against it. Instead, she pointed to the update of the Y model in this quarter, which temporarily suspended production in all four factories for several weeks.
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Interestingly, they also lose Tesla’s actions very much. After the election they went up very much, practically doubled their value. However, 44 percent lost their high level in December your value. CNN reports that Tesla’s shares have fallen by about 2 percent. At the beginning of the listing after the said report on the decline in sales, but they affected after the information that Musk would withdraw from his formal role in Trump’s administration, but may remain as an informal adviser.
America does not like Elon Muska more and more
The CNN survey from last month showed that only 35 percent Americans positively evaluate Musk, and 53 percent He assesses him negatively. The station notes that these opinions about the muscle translate into negative opinions about Tesla, especially among people identifying as liberals. And it is these Americans who are a segment of the automotive market that may be interested in buying an ecological electric vehicle.
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CNN points to other interesting data. In the blue states (democratic) the percentage of current Tesla owners buying another Tesla fell to 65 percent. At the end of 2024 with 72 percent a year earlier. Meanwhile, the number of permanent buyers of Tesla in the Red States (Republican) increased very slightly from 47.6 percent. up to 48.2 percent at the same time.
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Christian Mang/Reuters, Yara Nardi/Reuters, Robin Legrand/AFP
The decrease in Tesla sales is very clear.
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Robin Legrand / AFP
Some say it is the fault of Elon Musk’s involvement in politics and his controversial ideas and statements.
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