Analysts have gone from minimizing the CEO’s destructive force, to sounding the alarm.

Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.

The night before Elon Musk filed paperwork to reincorporate SpaceX in Texas, he called Gov. Greg Abbott. It was Valentine’s Day, Abbott told a crowd of law students on Thursday in Austin, and the Texas Republican was at dinner with his wife.

Elon Musk's past 24 hours have shown troubling signs for his political and personal fortunes.

Stock shares in Tesla jumped Wednesday after reports suggesting Elon Musk could leave the White House and his Department of Government Efficiency role. Tesla stock was up about 5% at one point during the day amid the reports that the White House called "garbage.

Still, Deutsche Bank analysts expect a 5% sales drop this year, assuming a staggered rollout of Tesla's anticipated cheaper car. Tesla is expected to prioritize delivery volumes at the cost of margins again this year with more incentives and lucrative financial deals, they said.

Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

Is Tesla losing its charge? The electric car company dropped in value as its CEO ramped up his involvement in the Trump administration.

Down 13% from Q1 2024, this was the worst annual quarterly growth for Tesla since at least 2017 (Tesla’s investor relations website only has quarterly delivery data dating back to 2016).