Sales of Elon Musk’s Tesla fell 13 percent in the first quarter of this year, representing the largest drop in deliveries in the company’s entire history. Deliveries dropped by more than 50,000 cars, to just 336,681 vehicles. This was the worst quarter since 2022 for Tesla, as the company’s market cap also fell by $460 billion.

Musk's presence on the political scene has greatly—and negatively—impacted Tesla. Since Tesla stock hit an end-of-day record of $464 billion on December 17, closing at an all-time high of $480 per share, Musk's fortune has decreased by $121 billion.