Tesla shares drop 6% in premarket trading after auto sales plunge again
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
0mins
Should l Buy TSLA?
Source: CNBC
Tesla's Declining Sales: Tesla shares dropped 6% after reporting a second consecutive quarter of declining automotive sales, with revenue down 16% year-on-year to $16.7 billion. Elon Musk indicated potential challenges ahead due to the expiration of federal electric vehicle tax credits and increasing competition in markets like China and Europe.
Musk's Political Involvement: Concerns are rising among investors regarding Elon Musk's political activities, which some believe may be negatively impacting Tesla's brand and sales. Musk has been involved in political controversies and is reportedly considering forming his own political party.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 345.620
Low
25.28
Averages
401.93
High
600.00
Current: 345.620
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- ETF Innovation Strategy: He discusses the launch of an AI infrastructure ETF based on profit contribution rather than traditional market cap weighting, which has outperformed the market with over 80% gains in the past year, showcasing the importance of new thinking in investment strategies.
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