Tesla experienced a 13% decline in sales in the first quarter of 2025, with global deliveries dropping to 336,681 units. The decrease is due to an aging vehicle line-up, growing competition, and backlash from CEO Elon Musk’s political stance. Incentives offered were insufficient to meet analysts’ expectations of 408,000 deliveries. Post navigation Gold prices remains flat at record high ahead of Trump’s tariff announcement What are reciprocal tariffs and how is Donald Trump using them?