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Tesla sales drop to lowest since 2022 amid Musk backlash

San Francisco/London/Shanghai | Tesla’s deliveries tumbled in the first three months of this year, marking its worst quarter since 2022, as the electric-vehicle maker faced a consumer backlash in Europe, fierce competition in China and weakness even in its home market.

The Texas-based EV group, led by Elon Musk, delivered 336,681 cars in the first quarter, far fewer than the 390,000 forecast by analysts and 387,000 in the same period last year.

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    Original URL: https://www.afr.com/markets/equity-markets/tesla-sales-drop-to-lowest-since-2022-amid-musk-backlash-20250403-p5lopo