Tesla business performance

[mostlylong]

Tesla Q2 2025 vehicle sales estimates.

Not a (positive) growth company right now.

Wells Fargo analysts maintained an Underweight rating and $120 a share price target on Tesla in a note on Tuesday, stating that the company’s Q2 deliveries are “on track for another poor quarter.”

Global deliveries in May were “trending 23% lower y/y,” with Q2 quarter-to-date (QTD) figures down “21% lower y/y.”

All three key regions—North America, Europe, and China—are said to be experiencing double-digit percentage declines, with Europe being the most significantly impacted.

Wells Fargo notes that the “fundamentals of the core auto business continue to weaken.”
…
In North America, Tesla deliveries are “13% lower QTD y/y,”
…
Europe is a “glaring concern,” with Q2 QTD deliveries trending “42% lower y/y,”
…
China, Tesla’s second-largest market, is “trending 22% lower QTD.”

[Goofyhoofy]

@mostlylong

stating that the company’s Q2 deliveries are “on track for another poor quarter.”

That’s not a “poor quarter’. That’s a disaster wrapped in a catastrophe.