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Tesla sales drop 9% as carmaker warns ‘political sentiment’ could impact future demand | Tesla

22 April 2025
in World
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Tesla sales drop 9% as carmaker warns ‘political sentiment’ could impact future demand | Tesla
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In Q1 2025, Tesla experienced a 9% revenue decline, generating $19.3 billion against Wall Street’s $21.45 billion expectation, with earnings per share at 27 cents versus the anticipated 43 cents. Analysts remain cautiously optimistic, noting that despite a 13% drop in sales and significant challenges, including Elon Musk’s government role affecting brand perception, there are hopes for recovery linked to new product launches later in the year. The company refrained from providing forward guidance due to shifting trade policies, cautioning that political sentiment could impact demand.

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Tags: carmakerDemanddropfutureImpactPoliticalSalessentimentTeslaWarns
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