Due to Elon Musk's comments and competitive pressure, Tesla's quarterly delivery volume is expected to decline again.

According to news from the Gate News bot and Reuters, Tesla is expected to announce a decline in quarterly deliveries on Wednesday due to strong opposition to CEO Elon Musk's political views and ongoing competitive pressure affecting demand. Although Tesla's trillion-dollar valuation largely depends on Musk's bet on the commercialization of self-driving taxis, the company's current revenue and profits primarily come from its core business—electric vehicle sales, which have been under pressure due to high interest rates and intensifying competition.

The global electric vehicle market has been growing, although at a slower pace than in previous years, but the annual sales of older TSL models are expected to decline for the first time in 2024. Although Musk has stated that sales will recover in 2025 — a decline from his previous commitment of a 20-30% growth — analysts predict that sales will drop by 8% this year. According to a survey by Visible Alpha of 23 analysts, Tesla is expected to deliver 394,380 vehicles in the second quarter ending in June. This represents a decline of more than 11% compared to the same period last year, while the company's reported sales in the previous quarter fell by 13%. TSL stated that the decline in sales last quarter was due to halting production to shift towards an updated version of its best-selling Model Y SUV. Analysts have indicated that many customers delayed purchases while waiting for the new vehicle to be released.