Before Tesla announced it's first-quarter earnings on April 22, its stock was down 44% on the year and shares plummeted 6% the day before. To say Q1 results fell well below Wall Street expectations

News about Tesla’s self-driving technology will be a significant factor in how shares trade in the coming weeks.

This update followed a separate report from Reuters last Friday stating that the company had seen vehicle sales in Europe fall roughly 37% year over year in the first quarter despite a 28% increase for EV sales overall in the market. With today's pullback, Tesla stock is down roughly 31% in 2025.