Tesla Q2 Deliveries Plunge, Robotaxi Launch Noted

Tesla reported a 13.5% year-over-year decline in Q2 2025 vehicle deliveries, marking its largest-ever sales slump and a second consecutive quarterly drop, with 384,122 vehicles delivered. The company's stock rose by 3-4% as the decline was less severe than some had feared, but Tesla faces mounting competition, an aging vehicle lineup, and backlash from CEO Elon Musk's political activities. European sales were hit particularly hard, dropping nearly 50% in April even as the region's EV market expanded, while production delays have affected refreshed models. Tesla has launched a limited robotaxi service in Austin, Texas, shifting focus toward autonomous vehicles, but faces skepticism about growing sales without new, more affordable models. Analysts cite Musk's controversial public image as a factor harming the brand in key markets. Tesla is expected to revise its full-year guidance, with experts doubting its near-term growth prospects.