⚠️ Sales of Tesla’s electric vehicles plummeted 60 per cent in the UK last month amid a broader slump in European demand, with Chinese rival BYD surging.
➡️ There were 987 Tesla vehicles registered in July, compared with 2,462 in the same month last year, according to figures from the UK’s Society of Motor Manufacturers and Traders. Meanwhile, BYD registrations in the UK rose more than fourfold year on year to 3,184 in July, according to SMMT. ➡️ In July, Tesla registrations also fell 86 per cent to 163 vehicles in Sweden, 27 per cent to 1,307 cars in France and 58 per cent to 460 vehicles in Belgium, according to official industry data. ➡️The declines came despite the recent release of an upgraded version of its flagship Model Y sport utility vehicle. The slowdown comes amid consumer uncertainty over which models would be eligible for the government’s new EV subsidy scheme. Source: FT
Tesla just posted a double miss for Q2:
~EPS: $0.40 vs $0.42 est ~REV: $22.50B vs $22.79B est Still, the stock $TSLA was up +1% in after-hours trading Here are the details: • Revenue -12% Y/Y to $22.5B ($0.4B beat). • Gross margin 17% (-1pp Y/Y). • Operating margin 4% (-2pp Y/Y). • Capex +5% Y/Y to $2.4B. • Free cash flow -89% Y/Y to $0.1B. • Non-GAAP EPS $0.40 (in-line). Source: App Economy Insights
Tesla $TSLA plunged back below its 200 day moving average
Source: Barchart
Tesla vs. BYD: Q2 2025 battery EV deliveries:
⬛️ Tesla: 384K (-14% Y/Y). $TSLA 🟥 BYD: 607K (+42% Y/Y). $BYDDF Not even close. Source: App Economy Insights @EconomyApp
Buying a Tesla is becoming more and more affordable with each passing month.
The average price of a used Tesla has moved down to a record low of $28,487. That's 58% below the peak price from July 2022. $TSLA Source: Charlie Bilello
On June 29th 2010: Tesla went public.
$4,000 invested in the IPO would be worth more than $1 million today. Source: Jon Erlichman @JonErlichman
Tesla stock $TSLA, surges over +5% as President Trump says he is not getting rid of his Tesla.
Trump also called Starlink a “good service” and say he wishes Elon well. Global Pulse on X: “Despite rising tensions, the Trump Vs Musk conflict will cool down in the coming days till next election. Both are high-stakes players, and neither wants to risk their empires”. Source image: Not Jerome Powell on X
Current state of affairs 🍿Markets situation yesterday summarized in one image courtesy of Trend Spider.
Tesla was a big laggard in the session, down more than 14%, after President Donald Trump said he was “very disappointed” in CEO Elon Musk. Musk shot back at President Donald Trump, saying in a post on X that “without me, Trump would have lost the election.” The feud further intensified after Trump called Musk ”‘CRAZY” and signaled that he might cut his companies’ government contracts.
