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Tesla sales tumble 13% as Musk backlash, competition and aging lineup turn off buyers

Tesla sales tumble 13% as Musk backlash, competition and aging lineup turn off buyers

By BERNARD CONDON, AP Business Writer

NEW YORK (AP) — Tesla sales fell 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash from Musk’s embrace of right wing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.

Tesla reported deliveries of 336,681 globally in the January to March quarter. The figure was down from sales of 387,000 in the same period a year ago. The decline came despite deep discounts, zero financing and other incentives.

Analysts polled by FactSet expected much higher deliveries of 408,000.

Dan Ives of Wedbush said in a note to clients that Tesla is seeing soft demand in the United States and China, as well as facing pressure in Europe.

“The brand crisis issues are clearly having a negative impact on Tesla…there is no debate,” he said. read more

Trump is set to announce new tariffs as he takes a political and financial gamble

Trump is set to announce new tariffs as he takes a political and financial gamble

By JOSH BOAK, Associated Press

WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of what he calls reciprocal tariffs on friend and foe alike.

The new tariffs, coming on what Trump has named “Liberation Day,” are a bid to boost U.S. manufacturing and punish other countries for what he says are years of unfair trade practices. But by most economists’ assessments, the move threatens to plunge the economy into a downturn and upend decades-old alliances.

The White House is exuding confidence despite the political and financial gamble.

“April 2, 2025, will go down as one of the most important days in modern American history,” White House press secretary Karoline Leavitt said Tuesday. She said the new tariffs would take effect immediately.

Details of Trump’s tariff plans were unclear hours before the president’s scheduled afternoon speech. The S&P 500 stock index was up slightly in Wednesday trading as investors hoped to have more certainty about his agenda. read more

With a TikTok ban looming, Trump signals a deal will come before April 5 deadline

With a TikTok ban looming, Trump signals a deal will come before April 5 deadline

By SARAH PARVINI, AP Technology Writer

LOS ANGELES (AP) — As the deadline to strike a deal over TikTok approaches this week, President Donald Trump has signaled that he is confident his administration can broker an agreement with ByteDance, the social media app’s China-based parent company.

Speaking with reporters on Air Force One late Sunday, Trump said that “there’s tremendous interest in Tiktok.” He added that he would “like to see TikTok remain alive.” The president’s comments came less than one week before an April deadline requiring ByteDance to divest or face a ban in the United States.

“We have a lot of potential buyers,” Trump said.

Trump also said that the administration is “dealing with China” who “also want it because they may have something to do with it.” Last week, Trump said he would consider a reduction in tariffs on China if that country’s government approves a sale of TikTok’s operations in the U.S.

Questions about the fate of the popular video sharing app have continued to linger since a law requiring ByteDance’s divestment took effect on Jan. 19. After taking office, Trump gave TikTok a 75-day reprieve by signing an executive order that delayed enforcement of the statute until April 5. read more

Trump has dubbed April 2 ‘Liberation Day’ for his tariffs. Here’s what to expect

Trump has dubbed April 2 ‘Liberation Day’ for his tariffs. Here’s what to expect

By WYATTE GRANTHAM-PHILIPS, AP Business Writer

NEW YORK (AP) — As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday.

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Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. To do this, Trump has said he’ll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products. read more

Clean bills of health: Which Central Florida restaurants had perfect inspections in March?

Clean bills of health: Which Central Florida restaurants had perfect inspections in March?

After 2,058 restaurant inspections across Central Florida in March, only 227 had no issues for the entire month, according to data from the Florida Department of Business and Professional Regulation.

Brevard had the highest percentage of restaurants with zero violations during routine food inspections at 20.2%. Orange came second at 12%, Seminole at 8.8% and Lake at 8.1%.

Osceola and Volusia ranked near the bottom at 6% and 5.5%, respectively.

Orange County had the most restaurants with no violations at 111. Brevard was in second place with 58. Seminole and Volusia tied for third with 18.

BREVARD

ACT Catering LLC, 607 Florida Ave., Cocoa
Ake’s Thai Food, 640 S. Park Ave., Titusville
Around the World in 7 Days, 688 S. Park Ave., Titusville
Beachfly Brewing Company, 513 Barton Blvd., Rockledge
Brasas Grill, 325 E. Merritt Island Causeway, Suite O-P, Merritt Island
BurgerRobs, 311 S. Washington Ave., Titusville
Cajun Soul Bistro, 3280 Suntree Blvd., Suite 105, Melbourne
Cape Grill & Bar, 1000 Shorewood Dr., Cape Canaveral
Celo’s Shawarma Factory, 7954 N. Wickham Road, Suite 121, Melbourne
Chip N. Subs, 820 Barnes Blvd., Vin 2847, Rockledge
Chipotle Mexican Grill 4653, 4999 N. Wickham Road, Melbourne
Cool Yeti, 870 Hollywood Blvd., West Melbourne
Country Inn & Suites, 9009 Astronaut Blvd., Cape Canaveral
Courtyard by Marriott Titusville Kennedy Space Center Space Bar, 6245
Riverfront Center Blvd., Titusville
Crowne Plaza, 2605 N. Hwy A1A, Melbourne
Divine Catering by SDM Inc, 2850 S. Hopkins Ave., Titusville
Domino’s Pizza 4930, 5360 N. Atlantic Ave., Cocoa Beach
Dueling Chefs Smoke N. Grille, 688 S. Park Ave., Titusville
East Coast Shuckers, 30 Tradewinds Drive, Vin 5182, Indian Harbour Beach
El Coqui International, 4651 Babcock St. NE., Vin 2492, Palm Bay
El Heredero, 6693 N. U.S. Hwy 1 S., Cocoa
Espresso Self, 1390 U.S. Hwy 1, Malabar
Formoso Vending Inc, Interstate 95 N. Mile Marker 227, Mims
Galaxy Bar & Grill, 6100 N. Courtenay Parkway, Merritt Island
Gaucho Food Truck LLC, 3280 Suntree Blvd., Suite 105, Melbourne
Happy Food, 690 Eyster Blvd., Vin 1587, Rockledge
Heavenly Treats Bakery, 635 S. Wickham Road, Suite 105, West Melbourne
Henry’s Cuban Cafe, 3565 Jupiter Blvd. SE., Unit 4, Palm Bay
Hunker Down Lounge Hideaway/Category 5, 9 S. Atlantic Ave., Cocoa Beach
I Am Will’s Kitchen, 1375 S. DeLeon Ave., Titusville
Ice Cream, Interstate 95 Southbound, Rest Area, Mile Marker 170, Malabar
Indian River Colony Hall, 1600 Old Glory Blvd., Melbourne
JRV Mobile Food and Catering, 3280 Suntree Blvd. Suite 105, Vin 6174, Melbourne
Kernishia Wilfork, 929 W. Michigan St., Orlando
Lifefoods Universal, 2502 S. Hopkins Ave., Titusville
Mexico’s Grill, 5240 N. Atlantic Ave. Unit 170, Cocoa Beach
Nunzi’s Wood-Fired Cuisine, 3280 Suntree Blvd., Suite 105, Melbourne
Pig and Whistle, 240 N. Orlando Ave., Cocoa Beach
Pinto’s Lounge, 7555 S. U.S. Hwy 1, Titusville
Pucker Up Vegan Eatery, 2850 S. Hopkins Ave., Titusville
Rebellion Wine Bar, 630 Brevard Ave, Suite A, Cocoa
Rusty’s Seafood & Oyster Bar, 628 Glen Cheek Dr., Cape Canaveral
Sagi and Kiquo’s Hot Dogs, 3085 Jupiter Blvd., Palm Bay
Salty Sisters Bar & Grill, 24 N. Brevard Ave., Cocoa Beach
Skippy’s Shrimp Shack, 688 S. Park Ave., Titusville
Sky Zone Space Coast, 624 Barnes Blvd., Rockledge
Slingers Sports Bar, 3122 W. New Haven Ave., West Melbourne
Stumpy’s Hatchet House Cocoa, 210 King St., Cocoa
Tandoor Fine Indian Cuisine, 6300 N. Wickham Road #122, Melbourne
Thai Thai Village, 100 Harrison St., Cocoa
The Soup Shop, 7500 Lake Andrew Dr, Suite 104, Melbourne
The Twisted Chef, 315 Paint St., Rockledge
The Wet Spot, 3650 Dixie Highway NE., Palm Bay
Tin Whiskey Southern Kitchen & Still, 3 Forrest Ave., Cocoa
Tip A Few 2, 6890 N. Atlantic Ave., Cape Canaveral
Tutt’s Riverside, 1005 Rockledge Dr., Rockledge
Viera Cafe & Catering LLC, 1 Gannett Plaza, Melbourne
Villas Restaurants and Lounge, 655 N. Atlantic Ave., Suite D and E, Cocoa Beach read more