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April 15, 2025economicCorporate AccountabilityConsumer MarketsPolitical Economy

Tesla Deliveries Drop 13% as Buyers Flee Elon Musk's Political Controversies

Tesla reported a 13% year-over-year decline in vehicle deliveries for Q1 2025, its sharpest drop since 2020. Analysts attributed the decline in part to consumer backlash against Elon Musk's high-profile role leading DOGE and his public political alignment with the Trump administration, with European sales hit especially hard as boycotts spread internationally.