Archive · 2 Jul 2025

Tesla Sales Slump Amidst Competition and Political Controversy

Tesla Sales Slump Amidst Competition and Political Controversy

Tesla, the company that makes electric cars, sold fewer cars this past quarter than the year before.

Sales went down quite a bit!

Even though things weren't so good, investors were happy because they thought things would be worse.

One reason for the sales drop could be that the boss of Tesla, Elon Musk, has been saying things that some people don't like.

Also, other companies that make electric cars are getting better, especially a company from China called BYD.

BYD is now selling more electric cars than Tesla.

Sources