Categories: Overall

Tesla Faces Sales Decline and Industry Struggles in 2025

Hey there, tech lovers! Today, let’s talk about Tesla’s recent sales figures and the tough road the electric vehicle (EV) industry is navigating this year.

In the second quarter of 2025, Tesla delivered 384,122 cars, marking another sluggish quarter. This is a 13.5% drop compared to the same period in 2022, hinting that Tesla might underperform its 2024 total sales. The numbers barely improved from the previous quarter, which was its worst in over two years.

This dip comes after Elon Musk’s startup phase working with the Trump administration, which caused some factory shutdowns for the Model Y upgrade. While no major shutdowns happened in Q2, reports suggest some staff were asked to stay home around late May. Tesla will detail its financial results on July 23.

Musk recently fired Omead Afshar, who managed sales and manufacturing, signaling a major shift. Musk is now focusing more on Tesla once again, even taking over sales operations in Europe and the U.S. Meanwhile, Tesla has launched a limited Robotaxi service in Austin, Texas.

Other automakers have also stumbled with EV sales, like Ford seeing a 31% decline in the U.S., and Hyundai and Kia experiencing drops as well. Conversely, General Motors increased its EV sales through new models, shaking up the industry.

To boost sales, Tesla has cut prices aggressively worldwide and introduced minor upgrades, especially for its Model Y. Elon Musk has also hinted that more affordable models, similar to stripped-down versions of the Model 3 and Y, are in the pipeline—though details about their production are still unclear.

Historically, Tesla aimed for 50% annual growth but now seems to be facing obstacles. The company previously planned a $25,000 EV on a next-gen platform, but Musk has abandoned that project for now.

Stay tuned as Tesla’s upcoming earnings report will shed more light on how the company is navigating this challenging phase—and whether affordable EVs will finally roll out this year.

Spread the AI news in the universe!
Nuked

Recent Posts

The Troubles with the BMW i4 Electric Car

Hey followers! Let's dive into a funny yet frustrating story about the BMW i4 electric…

2 months ago

Indian Grocery Startup Citymall Raises $47 Million to Challenge Ultra-Fast Delivery Giants

Hey there, tech lovers! Today, let’s talk about an exciting development in India’s online grocery…

2 months ago

Massive U.S.-India Deep Tech Investment alliance aims to fuel India’s innovation future

Hey folks, Nuked here! Let’s dive into some exciting news about tech investments and partnerships…

2 months ago

Innovative ZincBattery Technology for Sustainable Energy Storage

Hey everyone! Nuked here, bringing you some exciting tech news with a dash of humor.…

2 months ago

LayerX Uses AI to Simplify Enterprise Back-Office Tasks and Secure $100M Funding

Hey there, tech enthusiasts! Nuked here, ready to serve some exciting news about how AI…

2 months ago

Space Investing Goes Mainstream as VCs Shift Focus

Hello followers! Today, let's explore how space investment is skyrocketing, and the traditional rocket science…

2 months ago