Tesla sales slump once again as Musk pays price for Trump ties
Tesla sales fall to three-year low due to Musk’s Trump ‘allegiance’
- Tesla's electric vehicle sales have fallen to a three-year low, with a 14 per cent drop in customer deliveries during the second quarter.
- Analysts attribute the decline in demand for Tesla vehicles to Elon Musk's allegiance to US President Donald Trump, leading to protests and boycotts.
- Concerns over brand reputation and intensifying competition in key markets like China and Europe have further dampened Tesla's sales.
- The Cybertruck, despite production plans for over 250,000 units annually, recorded only about 5,000 sales between April and June.
- Tesla's closest rival, Chinese manufacturer BYD, saw its electric vehicle sales hit a new high in June, with over 1 million units sold in 2025.