US EditionMusk Needs To 'Navigate Brand Crisis Or Else,' Warns Analyst, Tesla 'Delivery Number Was A Disaster For The Bulls' - Tesla (NASDAQ:TSLA)
- Tesla reported Q1 2025 deliveries of 336,681 vehicles on April 2, falling short of Wall Street's 352,000 estimate.
- Analysts had lowered forecasts, and Tesla cited production losses from Model Y ramp-up at all factories as a cause.
- Tesla's deliveries slumped 13% year-over-year and hit a nearly three-year low, with weakness in China, the US, and Europe.
- Wedbush analyst Dan Ives stated, "We are not going to look at these numbers with rose colored glasses," calling it a disaster.
- The stock initially dropped but rebounded, and analysts suggest Musk needs to balance Tesla with other duties amid rising competition.
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Tesla Still Has Potential – But Musk's Political Drama Must End
Tesla (NASDAQ:TSLA) shares tanked as much as 8% during premarket hours on Thursday to £197.46 ($260.10) apiece after Q1 deliveries significantly missed consensus estimates. The EV maker reported 336,681 deliveries for Q1 2025, well below the Street's estimate of 352,000. Tesla attributed the grim numbers to weeks of lost production during the quarter amid the ramp of its new Model Y across all production factories. Demand for Tesla EVs faltered …
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Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
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- 67% of the sources are Center
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C 67%
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