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Tesla: Another bad news has come for the world’s richest man Elon Musk. Tesla’s sales figures have been released amid growing tensions with US President Donald Trump. Tesla’s electric vehicle sales have registered a massive 13 percent drop in the April-June quarter. Tesla (Tesla’) said on Wednesday that it sold a total of 3,84,122 vehicles in the June quarter, while in the same period last year the company sold a total of 4,43,956 vehicles. This decline has come at a time when Tesla’s brand image is said to be affected at the global level due to Musk’s political inclination.
Sales may improve in July-September quarter
Tesla’s rival electric vehicle companies have taken full advantage of Musk’s inclination towards US President Donald Trump and some right-wing politicians in Europe. Due to which Tesla’s market share is continuously decreasing. However, Musk has now separated from DOGE – the department created by the Trump administration to cut government expenditure, and now open tension is also being seen between the two. In such a situation, it is expected that Tesla’s sales may improve in the July-September quarter.
China’s electric car maker BYD is facing tough challenge
In European countries, Elon Musk’s Tesla is facing tough challenges from Chinese company electric car maker BYD. In May 2025, Tesla’s sales in 30 countries of Europe have registered a terrible decline of up to 28 percent, while the overall electric vehicle market remained booming. Tesla will announce the financial results for the June quarter on July 23.
The year 2025 is going very bad for Tesla
Let us tell you that in European countries, Tesla’s sales declined by 52.6 percent in April 2025 as compared to April 2024. Tesla was able to sell only 5475 vehicles in April this year. In the first 4 months of 2025, Tesla’s sales fell by 46.1 percent to 41,677 as compared to last year.
