In their latest quarterly report, Tesla revealed its global vehicle deliveries had fallen by 13%.
The American automaker reported 336,681 deliveries in Q1, despite some analysts estimated the figure to reach closer to 400,000 deliveries.
This is the company’s lowest-performing quarter in two years, with deliveries reaching almost 500,000 in Q4 2024.
Amid this fall in sales Tesla’s CEO Elon Musk has continued heading The Department of Government Efficiency (DOGE), the “advisory body” to the United States (U.S.) government.
However, the billionaire CEO’s involvement in government has received a lot of backlash from the public.
Since joining DOGE, Musk has laid off thousands of federal employees and made multiple efforts to abolish entire teams of management in government agencies.
Musk’s sovereignty has sparked ‘Tesla Takedown’ protests to spring up across the U.S., with protesters urging Mr. Musk to focus on his business and not the government.
Rumours have been circulating that Musk’s time at DOGE is coming to an end as the advisory department is reportedly on the “brink of being dismantled”.
The American automaker’s shares have been yo-yoing in the past month as well as BYD overtaking the company in global profits.
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