According to JP Morgan Chase analysts, Tesla has taken a major blow to its reputation over the last few months. The company’s stocks have also plummeted by over 50% since December 2024, when it was valued at $480 per share compared to early March 2025’s $220 per share. In recent times, Tesla has been in the news for various reasons, from sales decline to acts of vandalism.
JP Morgan analysis on Tesla
The firm anticipates that Tesla will sell around 1.78 million vehicles in 2025, a slight drop of around 1 percent compared to last year. The prediction comes at a time when Tesla is facing major backlash over Musk’s political connection, which has seen many job losses.
Customers have been selling away their Teslas, while there have been other acts of vandalisation. Recently, someone opened fire at a Tesla showroom in the US, and four Tesla Cybertruks were burnt to mangled metal and ashes, for which an investigation is ongoing.
Tesla sales predicament
In a note led by JP Morgan, Ryan Brinkman said that Tesla’s first-quarter deliveries will see a dip by 20 percent from 4,44,000 units to 3,55,000 units. He said that Tesla sales in Europe is “under far greater pressure than at home as a consequence of statements by Musk pertaining to the war in Ukraine, US participation in NATO, and far-right political parties.”
Tesla sales in Europe have seen a 50 percent drop YoY, while sales in Australia and New Zealand have also seen a 35.5 percent drop year-on-year according to the report by Australia’s Electric Vehicle Council.
