Elon Musk’s Tesla posts one of its weakest sales quarters in years as slump continues
By Thomas Barrabi
Published on April 2, 2026.
Tesla has reported one of its weakest sales quarters in years, with CEO Elon Musk's company delivering 358,023 vehicles in the first quarter, according to a company release. This figure was well below the expectations of analysts, marking an increase of 6.3% compared to the same quarter one year ago. Excluding this quarter, Tesla's first-quarter delivery figures were its worst since mid-2022. The company's stock fell more than 4% in trading after the announcement, and is down more than 16% since the start of the year. Despite this, Wedbush analyst Dan Ives called the numbers an "underwhelming start" to the year for Tesla, which is in the midst of a turnaround effort focused on its AI strategy.
Related Articles
Ohio keeps America moving. Cargo theft puts that at risk: Chris Spear and Ian Jefferies
Ohio's central role in American commerce is under threat from sophisticated cargo theft, leading to increased losses and increased costs for trucking and rail industries.
Woman found shot to death inside SUV parked in middle of street
A 36-year-old woman was found dead in a Range Rover in southeast Atlanta, prompting police to investigate possible murder-suicide scenarios.
Albany’s fix for affordable housing
New York's housing crisis is exacerbated by broken development processes, leading to increased costs, and significant environmental impact impacts, which are addressed through legislative reforms.