Tesla has reportedly taken a huge hit, with Tesla reportedly producing 410,224 vehicles during the quarter and delivering 384,122 vehicles. However, with this in mind, it seems their revenue has seen a noticeable 12% drop from their $25.5 billion revenue from the second quarter of last year to $22.5 billion this quarter.
This has reportedly resulted in a six percent decrease in Tesla shares with CNBC stating that “Tesla shares fell almost 6% on Wednesday as data from Europe showed slowing sales last month, and investors grew increasingly concerned about President Donald Trump’s plan for tariffs. The European Automobile Manufacturers’ Association (ACEA) revealed on Tuesday that Tesla saw a 40% year-over-year drop in new vehicle registrations in Europe in February, while overall battery electric vehicle sales were up 26%.”
Tesla’s drop and slow decline has been big and hard in front of the eyes of many and it’s not too difficult to see why with Musk’s popularity having been dragged down and by extension Tesla’s brand popularity has been slammed as well. The power struggle he had with Trump not too long ago didn’t help with this either. Increased production from competitors has also been a thorn in the side of Tesla with many other foreign competitors releasing electric vehicles, which is one of Tesla’s biggest selling points. Tesla has had it rough in 2025 due to the gradual yet noticeable decline in revenue and stocks which isn’t a sign of the end just yet, but it may set off alarm bells for Musk.
