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BTCC / BTCC Square / Global Cryptocurrency /
Tesla Posts Worst Quarter, Stock Plunges; Elon Musk Unpopular

Tesla Posts Worst Quarter, Stock Plunges; Elon Musk Unpopular

Author:
Global Cryptocurrency
Published:
2025-04-22 19:59:01
4
1
Tesla has reported one of its worst quarters, with the stock dropping by 36% between January and March. Sales have crashed to levels not seen in nearly three years, and analysts expect both profits and revenue to be weaker than last year. The selloff started after the company reached a record high, and now the stock has plunged 53% since December. Investors blame Elon Musk’s distractions and politics for the decline. Despite this, no specific mentions of cryptocurrencies or exchanges were made in the report.

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