Tesla Investors Suddenly Terrified as They Realize Musk Has Dug Their Grave

Tesla's horrendous first quarter numbers have some of its backers rethinking a few things. Namely, their CEO Elon Musk, whose once immense starpower is now inverting on itself. Still haunted by last year's sales slump — the first annual drop in its history — Tesla has kicked off 2025 with a worrying omen that it may repeat the unwanted feat: a 13 percent drop in first-quarter deliveries. As the company faces widespread protests fueled by anti-Musk sentiment, the diagnosis is obvious. "This is our first look at the impact of recent brand damage — and it appears to be the primary driver behind this quarter's delivery decline," Deepwater Asset Management managing partner Gene Munster wrote on X, as spotted by Reuters. "These growth rates will likely deteriorate further this quarter." Annual deliveries, Munster predicts, will slip by 9 percent. "I estimate brand damage cost Tesla around 80k deliveries in the quarter," Munster added in another tweet. The problems are very much material, ... Read full article.