The EV maker’s first-quarter sales figures were grim, but stock is still up on news that Musk’s days as a controversial Trump advisor could be numbered.
On Wednesday, Tesla reported its largest drop in delivery numbers to date, and a 13% drop in sales since the beginning of the year, in part due to backlash against CEO Elon Musk’s role in the U.S. government, coupled with growing competition in the EV market.
Published on April 02, 2025 18:30