Tesla sold 78,828 electric vehicles in China in March, down 11.5% year-on-year, according to data from the China Passenger Car Association (CPCA) released on Wednesday. The U.S. carmaker is facing a number of headwinds in China,

U.S. automaker Tesla sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.

Tesla Inc.’s sales plummeted 62% last quarter in Germany, a development the outgoing economy minister sees as an opening for the nation’s beleaguered carmakers.

Shares of EV maker Tesla (TSLA) dropped on Wednesday after the company reported its weakest quarterly delivery numbers since 2022. Despite

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It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.

The decline is further evidence that a growing consumer backlash against the brand and CEO Elon Musk is hurting the automaker’s business.

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.

Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But