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Tesla fans and investors reacted to the company's declining sales numbers. One prominent Tesla fan, Omar Qazi, initially called the carmaker's first-quarter sales numbers "brutal" before later softening his stance.
Shares of the electric carmaker Tesla (TSLA 4.68%) started this morning in the red only to reverse course and work their way firmly into positive territory, with shares trading 5% higher as of 2:15 p.m. ET today. There was a lot of news about Tesla, including first-quarter deliveries and reports that CEO Elon Musk may soon end his involvement in government affairs.
Tesla Inc (NASDAQ:TSLA) is facing a “full-blown crisis” driven largely by brand damage linked to CEO Elon Musk, according to Wedbush analysts. The electric vehicle maker reported 337,000 deliveries for the quarter, well below the Wall Street consensus of 352,000 and even the whisper number of about 350,000.
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.
U.S. President Donald Trump's 25% automobile tariffs are due to take effect at 12:01 a.m. ET on Thursday, according to a post in the Federal Register.
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.