"It is far too early to forecast full-year global sales for Tesla Inc. ( NASDAQ: TSLA). However, an extrapolation from the first half is useful. Tesla's global vehicle deliveries for the first half of 2025 were approximately 721,000 units, marking a decrease of about 13% compared to the first half of 2024. Globally, this represents a decline of 72,000 units over six months. If this trend continues, the annual decrease could exceed 100,000 units."
"Tesla's biggest challenge has been Europe. Its sales fell to just 14,831 units in August, a 22.5% decline compared to a year ago. The drop in most nations in Europe was at least that much during the first half of the year. They were 49% less across the region in April. Across the year, its sales in Europe could be down as much as 25,000 compared to 2024."
"China is the largest electric vehicle market in the world. Tesla does not break out sales in China. However, according to The Wall Street Journal, "Tesla's market share has declined significantly recently; in May, Tesla sales in China dropped 30% year-on-year." Analysts say the company sold 657,000 units in all of 2024. If May is any sign, its sales in China could decline by nearly 100,000 this year."
Tesla's global vehicle deliveries for the first half of 2025 were approximately 721,000 units, a decrease of about 13% versus the first half of 2024, representing a decline of 72,000 units. If the trend continues, the annual decrease could exceed 100,000 units. U.S. sales may improve in August and September ahead of the $7,500 federal tax credit expiration, but U.S. sales were down 7% through the first quarter and could fall about 45,000 for the year. European sales fell sharply, with August at 14,831 units and wide monthly drops, potentially cutting sales by about 25,000 this year. China sales declined in Q2 and May indications could signal a near 100,000 unit reduction.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]