Tesla has reported a significant decline in vehicle deliveries for the first quarter, marking a 13% drop from the previous year. This slump coincides with growing backlash against CEO Elon Musk, affecting the company’s sales globally. Tesla delivered 336,000 vehicles in Q1, missing Wall Street estimates and causing its stock to drop. The challenges faced by Tesla highlight the impact of leadership controversies on corporate performance and investor sentiment.
— new from The New York Times