The automaker has posted its first yearly drop in sales since the onset of the pandemic, CNN reports.
.
The company reportedly built
433,000 units but only delivered 387,000.
That's significantly less than the 484,507 vehicles
it delivered in the last three months of 2023.
Tesla shares fell 5% on April 1.
.
Tesla partially attributed the sales
drop to increased production of the
updated Model 3 at its factory in Fremont.
The company also cited factory shutdowns caused by ships being diverted from the Red Sea because of attacks by Iran-backed Houthi militants, CNN reports.
The company also cited factory shutdowns caused by ships being diverted from the Red Sea because of attacks by Iran-backed Houthi militants, CNN reports.
Additionally, its factory in Germany shut down for a week because of an arson attack.
.
Increased competition from brands such as
China's BYD have also impacted sales, CNN reports.
.
Increased competition from brands such as
China's BYD have also impacted sales, CNN reports.
.
Wedbush Securities analyst Dan Ives
referred to Tesla demand in China as
"very soft coming out of the gates for 2024.".
While we were anticipating a bad first
quarter, this was an unmitigated
disaster that is hard to explain away, Wedbush Securities analyst Dan Ives, via note to clients.
We view this as a seminal moment
in the Tesla story for Musk to either
turn this around and reverse the
black eye first quarter performance.
, Wedbush Securities analyst Dan Ives, via note to clients.
Otherwise, some darker days could
clearly be ahead that could disrupt
the long-term Tesla narrative, Wedbush Securities analyst Dan Ives, via note to clients
Elon Musk gave a speech to enthusiastic Donald Trump fans Monday, hours after the presidential inauguration ... and he made a gesture that harkened back to a.. TMZ.com
Tesla and SpaceX CEO Elon Musk attended the inauguration of President Donald Trump Monday morning ... and looked preoccupied by the ornate interior of the room... TMZ.com
Elon Musk is stepping up to assist California amid the devastating wildfires, using his companies, Tesla and Starlink, to provide essential services. Musk announced plans to use Tesla Cybertrucks equipped with Starlink technology to deliver free internet to areas without connectivity in Los Angeles and Malibu. The initiative will allow the trucks to serve as mobile base stations, offering power and internet to affected regions. This comes shortly after Musk's decision to supply free Starlink terminals in areas where cell service has been lost. Additionally, billionaire hedge fund manager Bill Ackman suggested using satellites, drones, and AI to prevent and manage wildfires. Despite mixed reactions, Musk emphasized the importance of helping communities and saving lives.
#ElonMusk #TeslaCybertruck #Starlink #CaliforniaFires #WildfireRelief #FreeInternet #LosAngeles #Malibu #FirePrevention #TechnologyForGood #CybertruckAid #MuskInitiative #SpaceX #BillAckman #TechInnovation
Also Read
Elon Musk Sends Cybertrucks And Starlink To Boost L.A. Wildfire Relief Efforts - Here's How It Will Help :: https://www.oneindia.com/international/elon-musk-sends-cybertrucks-and-starlink-to-boost-l-a-wildfire-relief-efforts-heres-how-it-will-4041241.html?ref=DMDesc
Elon Musk's AI Ventures: Why NVIDIA's CEO Thinks He's On The Right Track :: https://www.oneindia.com/international/elon-musks-ai-ventures-why-nvidias-ceo-thinks-hes-on-the-right-track-4041147.html?ref=DMDesc
Elon Musk Vs. Olaf Scholz: How The Tesla CEO’s Endorsement Of AfD Is Shaking Up Germany’s Snap Elections :: https://www.oneindia.com/international/elon-musk-vs-olaf-scholz-how-the-tesla-ceo-s-endorsement-of-afd-is-shaking-up-germany-s-snap-elect-4040299.html?ref=DMDesc
~HT.97~GR.125~ED.194~
Tesla CEO Elon Musk has drawn a connection between the Cybertruck explosion in Las Vegas and a New Orleans truck attack, both involving vehicles rented from Turo. Authorities, including the FBI, are investigating these incidents as potential acts of terrorism. The Las Vegas explosion killed one and injured seven, while the New Orleans attack claimed 15 lives.
#ElonMusk #Cybertruck #LasVegas #NewOrleans #Terrorism #Turo #Investigation #NewsUpdate #TruckExplosion #SafetyConcerns #Oneindia #OneindiaNews
~PR.362~HT.336~GR.125~
The Houthi movement in Yemen has announced it will halt its attacks on Israeli and US vessels in the Red Sea if the ceasefire agreement between Israel and Hamas is upheld. This significant declaration comes ahead of the anticipated truce set to take effect soon. The Houthis, known for their military operations targeting Israeli-linked ships in the Red Sea, have pledged to end these hostilities in support of the Gaza ceasefire. Their move marks a potential shift in regional dynamics, aligning with international efforts to de-escalate tensions. With the ceasefire between Israel and Hamas about to be tested, the Houthis' commitment could play a crucial role in the broader geopolitical landscape.
#Houthis #RedSeaTensions #IsraelHamasTruce #USShips #IsraeliShips #YemenConflict #MiddleEastPeace #HouthiAnnouncement #GazaCeasefire #MiddleEastDiplomacy #TruceInTheMiddleEast #CeasefireAgreement #HouthiSupport #GeopoliticalShifts #IsraelHamas
Also Read
17 People Missing After Tourist Yacht Sinks in Red Sea Following High Waves Warning :: https://www.oneindia.com/international/tourist-yacht-sinks-red-sea-17-missing-011-3998351.html?ref=DMDesc
US Navy Continues Aircraft Carrier Presence in Red Sea to Counter Houthi Threats :: https://www.oneindia.com/international/us-navy-extends-aircraft-carrier-deployment-red-sea-011-3838877.html?ref=DMDesc
Biden: US Military Strikes in Yemen to Continue Despite Limited Success :: https://www.oneindia.com/international/us-military-strikes-houthi-rebels-yemen-gen-3729909.html?ref=DMDesc
~PR.152~ED.103~HT.334~
Yemen's Armed Forces have launched precision strikes targeting Israel's strategic Eilat region and the American aircraft carrier USS Harry S. Truman in the Red Sea. The ballistic and cruise missile operations, announced by Brigadier General Yahya Saree, marked a significant escalation in the region. These actions are in solidarity with Palestinians amid Israel's ongoing Gaza conflict. Saree warned of further decisive operations if aggression continues during the Gaza ceasefire. Watch the full report for updates on Yemen's stance, regional tensions, and global reactions.
#YemenStrikes #EilatAttack #USSCarrierStrike #RedSeaTensions #YahyaSaree #IsraelConflict #GazaSolidarity #MiddleEastCrisis #BallisticMissiles #RedSeaOperations #USMilitary
Also Read
Yemen's Houthi Rebels Launch Attack Near Commercial Vessel in Red Sea Amid Ongoing Conflicts :: https://www.oneindia.com/international/attack-by-yemens-houthi-rebels-explosions-near-ship-red-sea-011-3985455.html?ref=DMDesc
US Military Conducts Airstrikes Against Houthi Rebels in Yemen Amid Escalating Tensions :: https://www.oneindia.com/international/us-airstrikes-on-houthi-rebels-in-yemen-011-3952543.html?ref=DMDesc
Yemen's Houthi Rebels Launch Attack in Gulf of Aden; Ship Unharmed :: https://www.oneindia.com/international/houthis-target-ship-gulf-of-aden-amid-eisenhower-departure-011-3859841.html?ref=DMDesc
~HT.318~GR.125~PR.274~
In a dramatic escalation of hostilities, Houthi forces launched a precision missile strike on Tel Aviv, targeting Israel’s Ministry of Defense. The attack, carried out using Thulfiqar ballistic missiles, marks a significant intensification in the ongoing conflict. While Israel’s air defense systems intercepted some of the missiles, the strike still caused damage to key infrastructure. Houthi military spokesperson Yahya Sarea claimed the missiles hit their target with high accuracy, evading Israeli interception. This attack is seen as part of the Houthis’ ongoing support for Hamas and their solidarity with Palestinian efforts in Gaza. The missile strike follows a series of Houthi drone and missile assaults on Israel, signaling an even more volatile situation in the region. No major casualties were reported, but the strike adds to the growing tensions as Israel prepares for a ceasefire agreement with Hamas.
#TelAvivAttack #HouthiMissiles #ThulfiqarMissile #IsraelDefenseMinistry #HouthiStrike #BallisticMissiles #MiddleEastTensions #HamasSupport #PalestinianSolidarity #IsraelAirDefense #GazaConflict #IsraelUnderAttack #HouthiEscalation #DefenseMinistryHit #MiddleEastCrisis
The Yemeni Houthi group has escalated tensions with a series of bold military operations, targeting both the United States and Israel amid ongoing regional conflicts. In their seventh attack on the US aircraft carrier USS Harry S. Truman, the Houthis deployed advanced drones and missiles in the northern Red Sea, demonstrating their growing military capabilities.
Simultaneously, a massive barrage of missiles and drones struck Israel, targeting vital locations in Eilat, Tel Aviv, and Ashkelon. Houthi military spokesperson Yahya Sarea announced that the attacks were carried out in response to the recent Gaza violence and vowed to continue retaliation if ceasefire agreements are violated or escalations occur.
#houthiattacks #redseaconflict #ushouthiwar #usnavy ##houthimissiles #houthiattackredsea #houthimissileattack #houthirebels #redseacrisis #ussharrytruman #yahyasaree #abdulmalikalhouthi #ushouthiwar #worldnews
~HT.318~PR.152~
A mysterious airstrip nearing completion on Yemen’s remote Abd al-Kuri Island raises regional security concerns. Satellite images suggest the UAE is behind the project, potentially to counter Houthi rebel attacks that threaten global shipping routes. As tensions escalate, the runway could be pivotal for surveillance and military operations in the Gulf of Aden. With the Houthis’ continued assaults on Israel and U.S. forces, and suspected weapons smuggling from Iran, this new development could further destabilize the already volatile region.
#YemenConflict #HouthiRebels #UAEOperations #MiddleEastTensions #RedSeaSecurity #GulfOfAden #GlobalTradeThreat #MilitaryExpansion #IranInfluence #MaritimeSecurity #SatelliteImagery #AbdAlKuri #Houthis #RegionalStability #ShippingRoutes #WeaponsSmuggling #Geopolitics #StrategicMilitaryMoves #IndianOceanSecurity #DroneStrikes
~HT.318~ED.103~GR.344~
Tensions between the U.S. and Yemen have reached a boiling point as American bombers launched a series of airstrikes on Yemen’s northwestern Amran province, specifically targeting the Harf Sufyan district. This escalation follows a recent strike by Houthi forces on a U.S. warship in the Red Sea, marking the sixth such attack within a month. Houthi leader Abdul-Malik al-Houthi had warned that military operations in support of Gaza would continue until Israeli aggression in the Palestinian territories ceases.
#HouthisVsUS #YemenAirstrikes #USWarships #RedSeaTensions #YemenConflict #USBombers #HouthiRevenge #MiddleEastEscalation #GazaSupport #YemenWar #USInvolvement #HouthiStrikes #IsraeliTargets #HellfireBombs #MiddleEastWar
Also Read
Yemen Denies Sanctioning Death Sentence For Indian Nurse Nimisha Priya, Says Houthis In Control :: https://www.oneindia.com/international/yemen-denies-sanctioning-death-sentence-for-indian-nurse-nimisha-priya-says-houthis-in-control-4034595.html?ref=DMDesc
Iran Offers To Help India In Securing Release Of Kerala Nurse Facing Death Row In Yemen :: https://www.oneindia.com/international/iran-offers-to-help-india-in-securing-release-of-kerala-nurse-facing-death-row-in-yemen-4032241.html?ref=DMDesc
MEA Extends Help As Yemen President Sanctions Death Sentence To Kerala Nurse Nimisha Priya :: https://www.oneindia.com/india/mea-extends-help-as-yemen-president-sanctions-death-sentence-to-kerala-nurse-nimisha-priya-4029925.html?ref=DMDesc
~HT.178~PR.152~GR.344~ED.102~
The Houthis have launched their sixth deadly attack on the USS Harry Truman in the Red Sea within a month, using bomb-laden drones. The latest assault occurred on Wednesday, as tensions continue to rise between the Yemeni rebel group and U.S. forces. The Houthi military spokesperson, Yahya Sarea, claimed the operation was a response to U.S. airstrike preparations against Yemen, and vowed further actions until the conflict in Gaza ceases. Despite air defense efforts, the attack caused explosions in the area, adding to the ongoing military tension. This marks another escalation in the ongoing regional conflict, as the Houthis expand their focus on U.S. warships and Israeli-linked shipping.
#HouthiAttack #USWarship #USSHarryTruman #BombLadenDrones #RedSeaConflict #YemenConflict #Houthis #MiddleEastTensions #GazaConflict #USMilitary #YemenWar #NavalConflict #HouthiRebellion #IsraeliLinkedShipping #HouthiMilitary
~HT.178~GR.344~PR.152~ED.194~
Global leaders expressed mixed reactions to Donald Trump’s second-term inauguration. Ukrainian President Zelensky emphasized peace through strength, while NATO highlighted increased defense spending. Israel’s Netanyahu celebrated a stronger alliance, and India’s Modi expressed enthusiasm for renewed collaboration. EU and Germany emphasized transatlantic ties, while Canada highlighted economic partnership amid tariff concerns. Trump’s return reignites international focus on diplomacy, alliances, and shared prosperity across the globe.
#TrumpReturn #WorldReacts #GlobalLeaders #TrumpInauguration #PeaceThroughStrength #USAlliances #IsraelUS #NATOStrategy #IndiaUSFriendship #EUUSPartnership #TransatlanticRelations #TrumpPolicy #InternationalFocus #USGlobalLeadership #UkrainePeace #CanadaUSPartnership #TrumpGlobalImpact #DiplomacyMatters #SecondTermTrump #GlobalCooperation
German Ambassador Andreas Michaelis has allegedly cautioned Berlin that Donald Trump’s second term could undermine democracy in the US. In a confidential cable, Michaelis reportedly claimed Trump might centralize power, redefine the First Amendment, and misuse the media and law enforcement for political purposes. He also warned about potential domestic military deployment to fulfill campaign pledges. The cable highlights fears of diminished checks and balances, as Trump’s actions spark global concern, with allies like Elon Musk accused of fueling extreme right movements in Europe and the US.
#DonaldTrump #TrumpInauguration #USPolitics #GermanEnvoy #DemocracyThreat #MediaControl #FirstAmendment #MilitaryUse #BigTech #Trump2025 #GlobalPolitics #FreedomOfPress #CongressPower #LawEnforcement #AndreasMichaelis #ElonMusk #ExtremeRight #TrumpPolicies #USGermanyRelations #PoliticalPower
Also Read
Donald Trump’s Family Tree: Meet His Parents, Siblings, And Get A Glimpse of His Wife & Children :: https://www.oneindia.com/international/donald-trump-s-family-tree-meet-his-parents-siblings-and-get-a-glimpse-of-his-wife-children-4047651.html?ref=DMDesc
From WWE To White House: President-Elect Donald Trump’s Decades-Long Ties With World Of Wrestling :: https://www.oneindia.com/international/from-wwe-to-white-house-president-elect-donald-trump-s-decades-long-ties-with-world-of-wrestling-4047601.html?ref=DMDesc
Melania Trump Set To Redefine First Lady Role In Second Term: 'I Know Where I’ll Be Going :: https://www.oneindia.com/international/melania-trump-redefines-first-lady-role-second-term-independence-business-ventures-global-influence-4047547.html?ref=DMDesc
President Donald Trump delivers a powerful address to his supporters at Emancipation Hall, outlining his vision for America's future. He emphasizes unity, economic growth, and securing the nation's borders. His speech marks a defining moment in the start of his second term.
#TrumpInauguration #EmancipationHall #Inauguration2025 #TrumpSupporters #USPolitics #AmericaFirst #SecondTerm #PresidentialSpeech #Unity #EconomicGrowth
Also Read
Elon Musk's Capitol Gesture Sparks 'Nazi Salute' Debate: Social Media Divided | WATCH Video :: https://www.oneindia.com/international/trump-2-0-elon-musk-nazi-salute-controversy-social-media-reaction-capitol-one-arena-gesture-debate-4048347.html?ref=DMDesc
Trump Vows To Launch Trade Wars With 'Tariffs & Taxes' On Foreign Nations In His Pro-America Inaugural Address :: https://www.oneindia.com/international/trump-vows-to-launch-trade-wars-with-tariffs-and-taxes-on-foreign-nations-in-his-pro-america-inaugur-4048253.html?ref=DMDesc
Trump Announces US Withdrawal From Paris Climate Accord, End Electric Vehicle Mandate :: https://www.oneindia.com/international/trump-announces-us-withdrawal-from-paris-climate-accord-end-electric-vehicle-mandate-4048251.html?ref=DMDesc
On his first day in office, President Donald Trump took decisive action by signing a series of executive orders in the Oval Office. These orders addressed critical policy areas including immigration, trade, and healthcare, signaling the administration's intent to swiftly pursue its key priorities. As he signed the orders, Trump also engaged with reporters, offering insight into his immediate plans for governance.
#TrumpExecutiveOrders #FirstDayInOffice #OvalOffice #PresidentialActions #TrumpAgenda #ExecutivePower #WhiteHouse #ImmigrationPolicy #HealthcareReform #TradePolicies
Also Read
Elon Musk's Capitol Gesture Sparks 'Nazi Salute' Debate: Social Media Divided | WATCH Video :: https://www.oneindia.com/international/trump-2-0-elon-musk-nazi-salute-controversy-social-media-reaction-capitol-one-arena-gesture-debate-4048347.html?ref=DMDesc
Trump Vows To Launch Trade Wars With 'Tariffs & Taxes' On Foreign Nations In His Pro-America Inaugural Address :: https://www.oneindia.com/international/trump-vows-to-launch-trade-wars-with-tariffs-and-taxes-on-foreign-nations-in-his-pro-america-inaugur-4048253.html?ref=DMDesc
Trump Announces US Withdrawal From Paris Climate Accord, End Electric Vehicle Mandate :: https://www.oneindia.com/international/trump-announces-us-withdrawal-from-paris-climate-accord-end-electric-vehicle-mandate-4048251.html?ref=DMDesc
Elon Musk delivered an energetic speech at President Trump's inauguration, declaring, "This is what victory feels like," as he addressed the enthusiastic crowd at the Capital One Arena. His remarks highlighted the triumph of the moment, energizing the audience and adding to the significance of the event.
#ElonMusk #TrumpInauguration #HandGestureControversy #NaziSaluteAccusation #ADLStatement #CapitalOneArena #PresidentialParade #PublicScrutiny #SocialMediaDebate #Inauguration2025 #Oneindia #OneindiaNews
Also Read
Melania Trump's 2025 Inaugural Gown: A Timeless Elegance With Herve Pierre And Harry Winston Touch :: https://www.oneindia.com/international/melania-trump-2025-inaugural-ball-dazzles-in-herve-pierre-custom-gown-with-vintage-harry-winston-4048453.html?ref=DMDesc
Donald & Melania Trump Shine At Inaugural Ball With Glamorous Dance And Style! WATCH Video :: https://www.oneindia.com/international/donald-melania-trump-command-attention-at-commander-in-chief-inaugural-ball-with-elegant-dance-4048423.html?ref=DMDesc
Second Term Begins With Action: Here's A List Of Donald Trump's Executive Orders :: https://www.oneindia.com/international/second-term-begins-with-action-heres-a-list-of-donald-trumps-executive-orders-4048413.html?ref=DMDesc
~HT.318~PR.362~ED.346~
Elon Musk's starring role in the new Donald Trump administration was confirmed as he appeared front and centre of his inauguration proceedings - and witnessed.. Sky News