```html
<h2>Introduction</h2>
<p>Tesla delivered <strong>336,000</strong> vehicles in the first quarter of <strong>2025</strong>, falling short of analysts’ expectations.</p>

<h2>Context</h2>
<p>Lower sales may stem from increased competition and controversy surrounding <strong>Elon Musk</strong>. In March, Tesla's sales decreased by <strong>36.8%</strong> in <strong>France</strong> and by <strong>63.9%</strong> in <strong>Sweden</strong>, according to reports.</p>

<h2>Developments</h2>
<ul>
    <li>Analysts had predicted approximately <strong>377,590</strong> deliveries.</li>
    <li>Deepwater estimated <strong>355,000</strong> deliveries.</li>
    <li>Kalshi forecasted <strong>352,000</strong> deliveries.</li>
</ul>
<p>Tesla's stock fell <strong>36%</strong> in Q1 <strong>2025</strong>, resulting in a loss of <strong>$460 billion</strong> in market capitalization.</p>

<h2>Conclusion</h2>
<p>The disappointing delivery numbers may indicate challenges ahead for Tesla as it faces intensified competition and controversies surrounding its leadership.</p>
```