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Tesla still losing speed in the second quarter

Meanwhile,

Tesla still losing speed second:

(New York) The American automaker Tesla experienced a decrease in its world sales for the second consecutive quarter. Similarly, in a context of increased competition and the way of the collaboration of its boss Elon Musk with the administration of Donald Trump. Similarly,

Posted at 5:00 p.m.

Elodie MAZEIN Agency France-Presse

The electric vehicle specialist thus presented 384. For example, 122 vehicles to their owners between April and June, against 443,956 over the same period of 2024, a drop of 13.5 %, tesla still losing speed second after -13 % in the first quarter. In addition,

The average forecast of experts was around 385,000. Nevertheless,

The Tesla action ended up 4.97 % on the New York Stock Exchange, this withdrawal having been anticipated by analysts. However,

“It is significantly better than what we feared,” noted Deutsche Bank analysts, who had shown themselves among the most pessimistic (355,000). For example,

They allocated this “surprising exceeding” to the anticipation of the probable abolition of. For example, tax credit in the United States for the purchase of electric vehicles. Consequently,

For Dan Ives. However, Wedbush analyst, it was the sales of Model Y – just refreshed – allowed Tesla to thwart certain forecasts. Furthermore,

The group has indeed passed 373. In addition, 728 Model Y/3 when the market was waiting for 367,100, he stresses in a note, noting that the other models did not respond to expectations (10,394 against 15,900 expected).

The manufacturer does not detail the sales of its other models such as Model S. Model X, or from its pick-up with futuristic lines Cybertruck, marketed since the end of 2023.

“After several quarters of significant weakness in China in an increased competitive environment in the electric vehicle. Tesla noted a rebound in June with an increase in sales, for the first time in eight months, illustrating a revival of demand for its modernized model”, notes Dan Ives, describing China as “heart and lung of Tesla’s growth”.

But sales in China have disappointed Deutsche Bank. tesla still losing speed second who believes that the rest of Asia, such as Malaysia, South Korea or Thailand, had served as a buoy.

On the production side. the Tesla factories maintained the same level as a year earlier with 410,244 vehicles out of the assembly channels between April and June.

“It is the second consecutive half that Tesla’s production exceeds more than 25. 000 copies of deliveries, supplying fears on the level of demand and stocks,” noted Garrett Nelson, of CFRA Resarch, describing the publication of “modest disappointment”.

Tesla still losing speed second

Backlash

Tesla was taken to task (vandalism. calls for boycott, demonstrations) after the merger of Elon Musk with Donald Trump, of which he was temporarily a close adviser to the White House, but also for his support for far-right governments tesla still losing speed second in Europe.

Important donor of Trump’s campaign (more than $ 270 million). the richest man in the world has notably piloted the Commission for Government Effectiveness (DOGE) intended to reduce federal spending.

He left him in May to devote himself to his businesses and. since the relations between the two men are tense because of the American budget bill.

Tesla sales have slowed down for many months and its second quarter results, expected on July 23, should still suffer.

While the group dominated the electric market, its sales have been almost divided by two in Europe since early 2025.

Registrations remained strongly downwards in May in the European Union. not taking advantage of the marked increase in the electric cars tesla still losing speed second market. They had been divided by two in April.

The Austin group (Texas) also did not benefit from the start in the United States caused by the prospect of customs duties on vehicle imports (25 % since early April). on spare parts (25 % since early May).

Ford manufacturers (+14.3 %), General Motors (GM,+7 %), Toyota (+7 %) Hyundai (+10 %) and Honda (+8 %) have benefited in the second quarter and even from March for some.

On the other hand. FCA US-Farial US-Filiale of the Stellantis group created in 2021-A given its quarterly sales drop by 10 %, in particular its brands Chrysler (-42 %) and Dodge (-48 %), while Jeep (+1 %) and RAM (+5 %) have been better.

But, after this spring boost, tesla still losing speed second “the pace of sales is normalized,” said GM.

Toyota sales were almost stable in June over a year (+0.1 %).

Further reading: Amazon invests massively in the United KingdomPaprika, garlic … These spices sold by Carrefour and Auchan should not be consumed120 to 250 meters high! The project to renew the Chassart wind farm worries residentsJet-Skis Anti-Paparazzi, former Marines, 80 private flights … We take stock of the staggering marriage of Jeff Bezos and Lauren Sanchez in VeniceThe car that rolls alone: ​​the Tesla Model travels thousands of kilometers without a driver to deliver this privileged customer.

addison.bailey
addison.bailey
Addison is an arts and culture writer who explores the intersections of creativity, history, and modern societal trends through a thoughtful lens.
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