Worldwide protests against Elon Musk's involvement in the Trump administration coincide with Tesla's sales decline and stock market challenges.
Tesla's Q1 2025 deliveries dropped 13% year-over-year, and overall sales in 2024 were lower than the previous year. Shareholders are urging Musk to focus on Tesla amid increasing competition, especially from Chinese firms like BYD.
Tesla's earnings report is due Tuesday afternoon, with analysts questioning Musk's plans. The company faces operational, financial, and reputational challenges, according to GLJ Research CEO Gordon Johnson.
Musk has announced a robotaxi test program in Austin, Texas, set to begin in June. However, Tesla remains vulnerable to auto tariffs, impacting the cost of imported parts.