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TSLA rollercoaster ride: Tesla sees largest-ever drop in vehicle deliveries, but report says Musk could leave DOGE

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On Wednesday, Tesla reported its largest drop in delivery numbers to date, and a 13% drop in sales since the beginning of the year, in part due to backlash against CEO Elon Musk’s role in the U.S. government, coupled with growing competition in the EV market.

However, by midday, shares of the EV maker started moving higher following an unconfirmed Politico report that Musk may soon step away from his role in the Trump administration. That report said Trump insiders and allies have become increasingly “frustrated with his unpredictability” and see him as a “political liability.” But the retreat is also likely the result of the hit his businesses have taken.

Here’s what to know about the latest Tesla delivery numbers and sales, as well as how the company’s stock is doing today.

A look at the numbers shows Tesla posted its worst sales in nearly three years. It delivered 336,681 cars in the first quarter, down from

© Fast Company