Tesla electric vehicle sales fell from April to June, hitting their lowest quarterly level since last fall.
The company said it “sold more than 254,000 cars and SUVs between April and June last year, down 18% from the first three months of this year and well below the pace of the last quarter of 2021.”
Meanwhile, Tesla shares have been hit hard this year, but the 35 percent drop in share price has not been entirely due to the company’s huge fortune.
CEO Elon Musk made a $44 billion offer to buy Twitter, which he put on hold after complaining that “the social networking platform has too many non-human users.”
Tesla’s value has plummeted since Musk became Twitter’s largest shareholder.