Disaster on every metric …: Elon Musk’s DOGE is hurting Tesla and its shareholders; these numbers may be a proof

Tesla, the trailblazing electric vehicle giant, reported a steep 13% drop in first-quarter deliveries, totaling 336,681 vehicles—a figure well below Wall Street’s expectations and down from 386,810 a year earlier. The disappointing numbers, released on April 3, 2025, come as CEO Elon Musk grapples with public criticism over his involvement with President Trump and the Department of Government Efficiency (DOGE), alongside intensifying competition and operational hurdles.

Analysts had forecasted deliveries exceeding 390,000, per Bloomberg data, making the shortfall a stark blow to investor confidence. Tesla’s stock took an initial hit, dropping as much as 6% in Wednesday trading, though it later rebounded over 5% following reports that Musk may soon distance himself from his Trump administration role. Despite the recovery, the stock remains down roughly 30% year-to-date.