Based on a Tesla report, sales of Elon Musk's electric vehicles dropped 13% quarter-to-quarter (QtQ) in the first quarter of 2025, with deliveries totaling 336,681 units. This marks the largest decline since 2022, as shown in the graph.
According to *The Guardian*, Tesla's performance decline is influenced by various factors, including aging product models, intense competition from Chinese car manufacturers, and negative public reaction to Elon Musk's tendency to support right-wing politics in the United States.
Furthermore, according to Matt Britzman, an analyst from the financial services firm Hargreaves Lansdown, the decrease was also influenced by the cessation of production of the older Tesla Model Y, replaced by a new version.
"Deliveries were significantly impacted by factory downtime as Tesla launched the refreshed Model Y," said Britzman, as reported by *The Guardian* (April 22, 2025).