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Tesla

Tesla Q2 2025 Earnings Highlight FSD Progress Amid Revenue Decline and Market Challenges

Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…

Tesla

Tesla Set to Launch First Showroom in India on July 15 in Mumbai

Tesla prepares to enter the Indian market with the opening of its inaugural showroom in Mumbai on July 15, 2025, targeting electric vehicle enthusiasts in one of the world’s fastest-growing economies. This development follows the creation of a dedicated Tesla India account on X, signaling the company’s commitment to local engagement and sales. Details of…

Tesla

Tesla Stock Plunges 7% as Musk’s Political Party Sparks Brand Concerns

Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the company’s brand and focus. According to The Guardian, Tesla’s stock fell over 7% in pre-market…

Tesla

Xiaomi’s Bold Plan to Take Its Electric SUVs Global by 2027 Challenges Tesla

Xiaomi, the Chinese tech giant known for smartphones, is accelerating its electric vehicle (EV) ambitions with plans to sell its YU7 SUV globally by 2027, posing a direct threat to Tesla’s Model Y. The company’s automotive division secured 200,000 orders in just three minutes for the YU7 in late June, signaling strong demand in China,…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

Tesla Sales Rebound in UK with 3.7% June Growth Amid EV Market Surge

In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700 Tesla vehicles registered in the UK through June. The broader electric vehicle (EV) market also…

China

China’s EV Overcapacity Challenges Thailand’s Electric Vehicle Production Goals

Thailand’s ambitious plan to become a regional hub for electric vehicle (EV) production is under strain as China’s hyper-competitive EV market spills over, threatening smaller brands and local goals, reports Reuters. With Chinese EV makers dominating over 70% of Thailand’s EV market, the intense rivalry and price wars are testing the country’s strategy to have…

Tesla’s German Sales Collapse 55% While BYD Surges in 2025
Model Y

Tesla’s UK Sales Surge 12% in June with Updated Model Y, Signals EV Market Strength

In June 2025, Tesla’s new car sales in the United Kingdom climbed 12% compared to the previous year, driven by the launch of its refreshed Model Y, according to New AutoMotive data, reported by Reuters. This growth highlights a robust demand for battery electric vehicles (EVs) as the UK market continues its shift toward sustainable…

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