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Tesla suffers worst sales decline in history as Q1 deliveries plummet

  • Tesla reported a sharp decline in deliveries from January to March, with nearly 50,000 fewer deliveries in Q1 2025 compared to Q1 2024.
  • This represents the largest sales decrease in the company's two-decade history.
  • Factors contributing to the decline include production and delivery challenges, the introduction of steep US tariffs, shrinking demand overseas, and controversies surrounding CEO Elon Musk.
  • The full impact on Tesla's balance sheet is yet to be determined, with the possibility of revenue being less impacted than the delivery numbers suggest.

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