Tesla is facing a significant drop in sales in the first quarter of 2025, with deliveries at their lowest levels since 2022.
Sales have declined by 7% compared to the same period last year and 27% from the previous quarter.
The drop in sales is attributed to the transition of the Model Y and increased competition, along with concerns about consumer trust in Elon Musk's leadership.
Tesla's upcoming financial report is expected to be weak, potentially leading to stock volatility and pressure to improve demand.