Some of the first-quarter slowdowns may be due to customers waiting for the updated version of the car. Refreshes for Tesla's full-size Model S and Model X are expected by the end of 2025, potentially setting the stage for a dramatic rebound in deliveries in 2026.

The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service.

While Tesla stock dropped by more than 50 percent from its December 2024 high to its March 2025 low, investors are now asking themselves whether the sales declines will continue. The stock is up more than 25 percent from its 2025 low, and even bounced higher when first-quarter deliveries were announced, suggesting the news was better than feared.

Shares of Tesla ( TSLA -5.40%) are rebounding on Wednesday. The electric vehicle maker's stock gained 5.1% as of 12:22 p.m. ET after falling as much as 6.4% earlier in the day. The recovery comes as the S&P 500 and Nasdaq Composite gained 0.5% and 0.9%, respectively.

"I think these are the worst quarterly production & delivery numbers I've ever seen for Tesla," wrote Omar Qazi, better known as @WholeMarsBlog.

Tesla, Inc. stock faces short-term challenges but holds strong long-term potential with its robotaxi program and robotics development. Click for my TSLA update.

Tesla shares gained a day ahead of the electric vehicle maker's first-quarter deliveries data expected Wednesday.

The Tesla CEO acknowledged his DOGE activities are impacting the electric vehicle maker's stock price amid boycotts and protests.

EV maker Tesla's latest numbers for Sweden, Denmark, and the Netherlands are down over 60% in March, but TSLA stock is doing fine.

The effects of Tesla’s (TSLA) “unprecedented” brand damage have surprised even analysts at J.P. Morgan (JPM), who had already described the backlash against CEO Elon Musk as without equal in the history of the automotive industry.