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Tesla sales plunge 13% to nearly three-year low amid growing challenges

Business Standard LogoBusiness Standard21h ago

Tesla sales plunge 13% to nearly three-year low amid growing challenges - Business Standard

Quick Summary:

Some Tesla owners have been looking to disassociate themselves from Musk and data has shown many are trading in their vehicles.

Musk did not reiterate the growth forecast on the January earnings call, but said Tesla would return to growth this year.

The stumbling sales during the first quarter indicate that the one-time leading brand is reeling from the fallout of the company delaying launches for years, and Musk's foray into politics in the United States and Europe.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 08:04:15 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 867 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27551649

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 338 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/tesla-sales-plunge-13-to-17436482832556

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