Tesla’s global vehicle sales fell 13.5% in the second quarter, in the annual comparison. In all, 384,122 cars were delivered, below the expectations of FactSet analysts, who expected 387,000, and of the 444,000 sales in the same period in 2024. However, the number exceeded the delivery of 337,000 vehicles accounted for in the first quarter of 2025.
The electric vehicle manufacturer has struggled to reverse months of falling sales, which analysts in part to the reaction of consumers against the brand and its CEO, Elon Musk, for their participation in the administration of US President Donald Trump. To arouse customers’ interest, the company has resorted to vehicle updates and low cost financing, while facing the increase in competition and the pressure for the passage in Musk policy.
Tesla executives minimized Wall Street’s concerns about the drop in sales and reducing profit margins, highlighting, instead, the growth potential resulting from Tesla investments in its autonomous steering software, Full Self-Driving (FSD), and its optimus humanoid robot.
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On June 22, Tesla launched the robotaxi service by providing its new application transport application to a small group of customers who have made trips in Tesla Model YS autonomous for a limited area of Austin. Although it started with less than 20 model vehicles and a standard tariff of $ 4.20 per trip, Musk said the program can one day add from $ 5 trillion to $ 10 trillion to Tesla’s market value.
