An analyst expects Tesla Q1 deliveries to be down 7% from a year earlier. He said Elon Musk's DOGE antics and brand problems were partly to blame.

Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago.

When asked by reporters whether the new tariffs would be good for Musk's autos business, Tesla, President Donald Trump said they may be "net neutral or they may be good."