Tesla has reported a 13.5% year-on-year drop in worldwide sales for the second quarter of 2025—but its stock rose almost 5% Wednesday because analysts had expected an even.
Tesla has reported a 13.5% year-on-year drop in worldwide sales for the second quarter of 2025—but its stock rose almost 5% Wednesday because analysts had expected an even steeper fall. Tesla said it delivered 384,122 cars in the quarter, down almost 60,000 from the same period a year earlier. That’s a record drop for the company, which reported a 13% year-on-year drop in the first quarter, CNN reports.
