Tesla (TSLA) is getting ready to report Q1 earnings on April 22, 2025, and buyers are watching carefully for updates. Given how far the inventory has fallen for the reason that new 12 months started, many questions might come up concerning the firm’s plans.
Over the previous few months, many Tesla-specific issues have come into sharp focus. With some saying CEO Elon Musk has targeted extra on his tasks on Capitol Hill than really working his firm, investor confidence and Wall Road sentiment have trended downward.
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That’s not the one issue that has stemmed from Musk’s work with the so-called Division of Authorities Effectivity (DOGE), although. His political affiliations have sparked a worldwide backlash from shoppers in each the U.S. and Europe.
This anti-Tesla sentiment led to some extremely disappointing supply statistics from Q1. However in response to some latest pictures, issues could also be even worse for Tesla than many consultants had anticipated.
It’s essential to notice that Tesla’s declining gross sales don’t point out that the electrical automobile (EV) market is shrinking. Quite the opposite, gross sales are up 10% within the U.S., with greater than 300,000 bought between January and March 2025, in response to information from the Kelley Blue E-book.
However whereas firms akin to Basic Motors and Honda skilled notable EV gross sales progress, Tesla has did not maintain tempo. And a latest report helped shine a lightweight on simply how troublesome it has been for the previous EV chief to maneuver one sort of car.
Related: Analyst flags major Tesla problems ahead unless Elon Musk takes bold action
For years, Musk saved Tesla lovers on the sting of their seats as he teased the electrical pickup, often called the Cybertruck, that the corporate could be producing. Because the futuristic-looking automobile lastly began rolling out to the general public, although, gross sales outcomes have been underwhelming.
Sherwood Information lately confirmed simply how troublesome it has been for Tesla to maneuver these large-scale EVs. The outlet printed some aerial photos taken of the corporate’s Austin, Texas, gigafactory, which confirmed a staggering quantity of idle Cybertrucks.
The evaluation notes that by its rely, the pictures present over 500 idle Cybertrucks. That quantity might not appear noteworthy at first, however in response to the report, it represents “greater than 1% of the variety of Cybertrucks owned within the U.S.,” all of that are sitting on so much in Texas, ready to be shipped to homeowners.
“Because the Cybertrucks started coming off the road simply over a 12 months in the past, Tesla has bought fewer than 50,000 of the autos within the U.S. — one thing we all know from authorities information after the automobile’s eighth recall final month,” Sherwood studies. “The 6,406 the corporate bought in Q1 can also be about half of what it bought 1 / 4 earlier, in response to information from Cox Automotive, when the truck was much less of a political lightning rod.”
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