Tesla sales have dropped dramatically – is there worse to come for Elon Musk?

Tesla's Q1 2025 deliveries dropped 13 per cent to 336,681 vehicles, falling short of analyst expectations.
This decline comes amid backlash against CEO Elon Musk's close relationship with President Trump and his role in the administration.
Protests and vandalism targeting Tesla dealerships have occurred, alongside reports of increased trade-ins by Tesla owners.
Increased competition from Chinese and European automakers, along with an aging product lineup, are also contributing factors.
Tesla is attempting to boost sales with a refreshed Model Y and incentives, but weak demand and Musk's political stance pose challenges.