Tesla Faces Challenges Amidst Trade Uncertainties and Slowing EV Sales
Tesla has effectively given up on its previous forecast of returning to growth in electric vehicle deliveries in 2025, citing macroeconomic factors but largely reflecting a decline in demand possibly linked to brand issues caused by Elon Musk. The company reported a 13.5% drop in Q2 deliveries and has stopped providing specific future guidance, indicating a significant shift in its outlook.