Tesla, with the second direct sales drop in the booming market for electric vehicles, achieved the industry.
The company reported on Wednesday that customer delivery declined 14 percent in the second quarter of the year, and this is the worst quarter -month decline in Tesla’s history.
The company followed 13 percent since last year in the first quarter of 2025 for the manufacturer of one -time electric cars, which now led to the Chinese BYD rival in terms of EV sales.
The market analyst, Liz Lee, who serves as a co -worker in inspection research, blames Tesla’s decline in a combination of rising competition and growing concerns over brand reputation.
Tesla’s CEO’s CEO Elun Mask’s clash in the Donald Trump administration between the end of January led to protests and sanctions throughout the United States and Europe, turning some potential customers into other brands.
“As a result, we expect Tesla’s global sales of electric vehicles to decline by 10 % compared to last year in 2025,” he said. IndependentBy adding that he expected BYD to see that customer delivery is still increasing.
“We expect the global sales of EV BYD to grow by 45 percent compared to last year in 2025, reaching a high record, and significantly beyond most of the heritage peers.”
Trump and Mesak’s relations have been broken in recent weeks, although the Mask’s continued support for extremist right politicians in Europe still keeps the company color for many EV enthusiasts.
Tesla witnessed its sales across Europe between January and March this year, and Britain only offers growth. The anomaly was investigated in April, as British sales fell 62 percent to 62 percent last April.
The BYD positive route represents a broader market and demand for electric vehicles in 2024 has a high record.
International Energy Agency (IEA) and Ourworldindindata data shows that global sales of combustion engine cars appear to have peaked now, making electric cars 22 percent of all new cars sold worldwide in 2024.
The figure rose from 2.6 percent in 2019, with sales of non -electric cars decreased by 20 percent over the same five -year period.
The fall of Tesla’s sales has affected the profit, which decreased by 71 percent in the first quarter of the year compared to the same period last year.
It was the third consecutive decline in net income for Tesla, which fell from $ 3.3 billion in the first quarter of 2022 and reached $ 409 million in the first quarter of 2025.
The second trimester is announced on July 23, although expectations are low after sales decline.
Mask’s allegiance to Trump witnessed the collapse of Tesla’s share in the months following the inauguration of the US president, before a short recovery after the technology billionaire left his role as head of government efficiency (DOGE).
Poor sales figures, along with Trump’s threats to reduce the incentives of electric cars, are seeing the price of share again.
As Tesla’s largest shareholder, the richest wealth is inherently tied to the wealth of the electric car company.
The richest person in the world has been erased from his net worth more than $ 100 billion in 2025 and mirrors Tesla’s share price.
