Tesla (TSLA) all but admits electric car sales growth is gone, gives no guidance

9 months ago

Tesla initially predicted a return to electric vehicle delivery growth in 2025 but has now abandoned this guidance.
Tesla's vehicle deliveries declined by 13% in Q1 2025 and 13.5% in Q2 2025, leading to a loss of confidence in growth for the year.
The company cites shifting global trade policies, macroeconomic conditions, and supply chain issues as challenges but avoids mentioning Elon Musk's impact.
Critics argue Tesla's declining demand is due to brand damage caused by Elon Musk, not external economic factors.
Despite Tesla's struggles, global EV sales are surging, indicating the issue is company-specific rather than industry-wide.

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