Tesla Has Never Sold So Few Cars in Three Years
This page is translated from the original post "Tesla n’a jamais vendu aussi peu de voitures depuis 3 ans" in French.
- 04/04/2025 12:04
As expected, Tesla deliveries dropped in the first quarter of 2025, falling below even the most pessimistic forecasts.
Tesla announced its sales figures for the first quarter of 2025, marking its weakest performance for this period in nearly three years. From January to March, the American manufacturer delivered 336,680 vehicles, a decrease of over 12% compared to the first quarter of 2024. This result is well below Wall Street’s predictions, which estimated more than 400,000 units.
In detail, the Model 3 and Model Y account for the vast majority of sales, with 323,800 units delivered. The other models – Model S, Model X, and Cybertruck – grouped under “Other Models,” total only 12,880 deliveries. These figures reflect a 30% decline for the Model 3/Y compared to the previous quarter, and a 44% drop for the other models.
Tesla Bends but Does Not Break
On the production side, Tesla assembled 362,610 vehicles during this period, compared to 433,370 a year earlier, but this slowdown was partly expected. The company explains it as a result of retooling operations at its factories related to the launch of the revised Model Y. This transition, affecting all four Gigafactories, caused several weeks of production interruption. Tesla assures, however, that ramp-up of the new Model Y is progressing “adequately”.
Following this announcement, Tesla’s stock price fell by 5% to $252 before stabilizing around $265, its average price over the past month. How was this possible? Primarily, the effect of Trump should not be overlooked. The American President announced his new protectionist measures on April 2, the day Tesla’s quarterly results were published. What a coincidence! And overall, these measures favor American manufacturers, including Tesla. Moreover, Tesla earns a significant part of its revenue from the energy sector. The company deployed 10.4 gigawatt-hours (GWh) of storage solutions—more than double the 4.05 GWh recorded in the first quarter of last year. And in this sector, Elon Musk’s antics have absolutely no impact!
ALSO READ: Can Tesla Fire Elon Musk?
We also suggestthese articles:
Also read
