Tesla, Inc. (TSLA)
Tesla EU Sales Plunge Again Even as Overall EV Registrations Go Up
Tesla's (TSLA) sales in the European Union (EU) tumbled for a fourth consecutive month in April, even as overall new battery-electric vehicle registrations increased.
Tesla's European sales keep collapsing even as the EV market grows
Tesla's European sales fell by nearly 50% in April, even as overall EV sales on the continent grew. The backlash against Elon Musk has made Tesla a target for protests and hit sales around the world.
Tesla's Europe sales plunge 49% on brand damage, rising competition
Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers' Association. Tesla has suffered brand damage over the past few months because of CEO Elon Musk's political involvement with U.S. President Donald Trump.
European sales pressure mounts on Tesla
Tesla Inc (NASDAQ:TSLA) is struggling in Europe, where its sales dropped 49% in April compared with the same month last year, even as demand for battery-electric vehicles rose nearly 28%. The steep decline marks the Silicon Valley EV maker's fourth consecutive monthly fall in registrations and reflects growing reputational and competitive challenges in the region.
Tesla Misses out on European EV Market Growth as Sales Halved Last Month
Tesla sales in the EU slumped for a fourth consecutive month as Musk's EV maker struggled to cash in on a growing market in the bloc where Chinese rivals are expanding.
Tesla faces increased competition in China as Xiaomi releases new EV
Chinese tech giant Xiaomi unveiled its second electric vehicle late Thursday, intensifying competition with Tesla Inc (NASDAQ:TSLA) and domestic rival BYD Co (HKG:1211, LSE:0HKY, OTCQX:BYDDY) in the world's largest EV market. The new mid-to-large-sized YU7 SUV boasts a driving range of up to 835 kilometers (519 miles) for its single-motor version, Xiaomi said.
Tesla's Rough Patch: Elon Musk Needs to Cross a Deep River
[00:00:04] Doug McIntyre: Lee, Tesla may be one of the most troubled companies.
Tesla Has Another Problem In China. This Time It's a Smartphone Maker.
Xiaomi recently launched a new electronic vehicle that takes aim at Tesla's most popular car, the Model Y.
Tesla is going all in to finish first in the robotaxi race
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Tesla: Elon Musk Can't Save This Anymore
Brand damage from CEO Elon Musk's political involvement and the potential loss of U.S. EV tax incentives threaten Tesla, Inc.'s near-term demand and margins. While autonomy projects and tariff relief offer some upside, these positives are unlikely to fully offset current sales and competitive pressures. Given limited growth prospects and aggressive valuation, I see more downside risk than upside for TSLA shares.
Tesla Revenue Outlook 2025-2031: FSD, Robotaxis, And The $400B Growth Question
In Q2 and Q3, most of Tesla's revenue growth is coming from things it's already executing. The global Model Y refresh just wrapped in Q1, and it looks like demand - especially in Asia - is picking up again. Tesla is aiming to pilot a robotaxi program in Austin this June, using unsupervised Model Ys. If that goes well, they want to expand to more cities by the end of the year and scale up in 2026. Also coming into view is the Optimus robot project. Starting in 2027 and beyond, Tesla's bigger ideas start to come into play.
Angry Elon Is Back. That's Good for Tesla.
Now is the moment for Musk to channel his fury into executing on the company's long-promised pivot to driverless cars.
