Tesla: Sales Decline in All Three Key Markets in April

From Morningstar: 2025-05-28 05:46:00

Tesla saw a 50% decline in sales in April across EU, UK, and EFTA countries. Despite this, Tesla shares rose 3% due to US tariff delay. Second-quarter deliveries are expected to decrease, affecting ancillary product markets. Share price is overvalued, with optimism surrounding robotaxi launch. Testing in Austin begins next month, but service launch may be delayed until 2028.



Read more at Morningstar: Tesla: Sales Decline in All Three Key Markets in April