Tesla investors suddenly terrified as they realize that Musk has dug their grave

The horrible numbers of the first quarter of Tesla have some of its donors to rethink a few things. Namely, their CEO Elon Musk, whose huge Starpower is now reversed on itself.

Always haunted by the sales crisis last year – the first annual decline in its history – Tesla launched 2025 with a disturbing omen that he could repeat the unwanted feat: a 13% drop in deliveries in the first quarter. While the company faces generalized manifestations powered by anti-MUSC feeling, the diagnosis is obvious.

“This is our first overview of the impact of recent lesions of the brand – and it seems that it is the main engine behind the drop in delivery of this quarter,” wrote Deepwater Asset Management Gene Munster on X, as pointed out by Reuters. “These growth rates will probably deteriorate more this quarter.” Annual deliveries, predicts Munster, will slide 9%.

“I believe that brand damage cost Tesla around 80,000 deliveries during the quarter,” added Munster in another tweet.

The problems are also very material. Musk made a large impetuous bet with the cybertruck, a heterodox van with a daring style and an exorbitant price. And less than 50,000 of them actually sent – far from 250,000 units sold Musk promised to investors Before stainless steel trapezoids started rolling on the ground last year.

For some fans and investors, the big push of Cybertruck was a slap in the face. They had long begged musk for a Small affordable Tesla that could sell in high volumes. Instead, what they got was a vehicle that weighs 7,000 pounds and costs more than $ 80,000. Even if the legendary affordable EV comes, investors do not seem confident that Tesla the clue. Gary Black, Director of Tesla shareholder of the Future Fund, is concerned that if the cheaper vehicle is simply a bare version of an existing model, deliveries and profits of this year “will be much lower,” he told Reuters.

The rest of the Tesla range, on the other hand, is no longer as titillating on a market full of exciting EV options.

Tesla is also smoked by its Chinese competitor byd, who recently usurped Musk as the largest car manufacturer in the world, selling more than 4 million vehicles and causing $ 100 billion in 2024. Tesla sold 1.79 million and took $ 97.7 billion in the same period.

It is impossible to ignore what Musk recently positioned as the next great thing of Tesla: the Robotaxi company. During the event of unveiling of a “Cybercab“Prototype last year, Musk promised to doubt that the pivot to offer autonomous taxis Rake in thousands of dollars. But while the company is struggling to refine its existing autonomous driving software options such as full self-clarification, there is Huge uncertainty about when – if ever – it can start to deploy such a vision.

During all this time, the simple fact of driving in a Tesla became stigmatized in a way that would have been unthinkable just a few years ago. Tesla cars and dealers are underway targeted with vandalismWhile the owners are mercilessly mocked.

The degree of hatred even surprised Tesla’s skeptics. JPMorgan analyst Ryan Brinkman, who has long been down on the company, said in a report Friday These deliveries in the first quarter confirm the “unprecedented brand damage that we fear earlier”.

But “if something,” added Brinkman, “we may have underestimated the degree of reaction of consumers.”

More on Tesla: Tesla’s stock soaps for the funniest possible reason