After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. However,

Car registrations in the EU declined by 7.3% Y/Y to 1.01 million units in June 2025, reversing a 1.6% surge in May, highlighting the challenging global economic environment for automakers.

Tesla (TSLA) sales are down 21% in California, the largest EV market in the US, and this decline is dragging the entire EV market down. California accounts for roughly a third of EV sales in the US, making it the most significant electric vehicle market in America.

Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.

Tesla's valuation gains today follow a bigger sell-off in yesterday's trading that was spurred by disappointing second-quarter results and comments from management suggesting that performance headwinds could continue in the near term. The company's share price has seen some big swings in 2025, and is down roughly 21% year to date with today's pop.

Elon Musk's Tesla lost market share in Europe for the sixth straight month in June, according to according to the European Automobile Manufacturers Association. The figures reaffirm a downward regional trend for the U.

"Their market share is remarkable really." Tesla sees soaring sales in one market despite struggles elsewhere: 'This has definitely been a big debate' first appeared on The Cool Down.

The state invested $829 million in Panasonic plant to make electric car batteries, but politics threatens its success.

Tesla's European market share continues declining as Volkswagen AG and Chinese automakers deploy aggressive volume strategies, highlighting challenges from the electric vehicle (EV) maker's narrow product range and CEO Elon Musk's controversial public statements.

Tesla's share price closed Thursday's session following the announcement of its June quarter results 8.20% lower at $305.30. Following the sharp selloff yesterday, Tesla's market capitalisation also declined $984.