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Tesla has fallen to 10th in market value, losing 29.3% of its worth in 2025, now at $917 billion, due to declining EV demand and CEO Elon Musk's controversies, including a feud with President Trump. The company's market share has shrunk significantly, with a 9% revenue drop and a 71% decline in net income in Q1 2025, as it faces fierce competition from both established and new automakers. Musk's personal brand, once an asset, now poses risks to Tesla's image and market position.
AESC has paused construction on its $1.6 billion battery plant in South Carolina due to uncertainties surrounding federal tax breaks and tariffs. The company, which has already invested $1 billion, plans to restart construction but did not specify when. Meanwhile, BMW's plans for its battery assembly site remain unaffected, and South Carolina continues to invest in electric vehicle manufacturing.
Tesla's UK new car sales plummeted over 45% in May, selling 1,758 units compared to 3,244 in the same month last year, while overall new car registrations rose by 4.3%. Despite this decline, Tesla remains the best-selling battery electric vehicle brand in Britain for the year to date. In contrast, BYD's sales doubled to 1,388 units, marking a significant shift in the European EV market, where Tesla has fallen to 11th place in rankings. The broader UK battery electric vehicle market grew by 28%, driven by increased supply and consumer confidence.
Tesla is exploring entry into the Indian market but has no plans for local manufacturing, focusing instead on showroom operations, according to Union Minister HD Kumaraswamy. The Indian government is targeting companies like Mercedes Benz, Hyundai, Kia, and Volkswagen to establish manufacturing in the country under a new scheme promoting electric vehicle production. This initiative allows global manufacturers to import electric four-wheelers at a reduced customs duty, provided they invest significantly in India.
Tesla is unlikely to manufacture electric vehicles in India soon, as the company focuses on selling imported cars due to high import tariffs and regulatory challenges. Despite a revised EV policy reducing import duties for local production, Tesla has not made official commitments to manufacturing, while other automakers show interest in the Indian market. The price sensitivity of Indian consumers further complicates Tesla's entry, as its models are positioned in the luxury segment, which constitutes a small portion of the market.
In a recent podcast, financial journalists discussed a record DAX performance, overpriced whiskey, and Ryanair's rally, alongside insights on major companies like Volkswagen, Mercedes, and Lufthansa. They highlighted the positive quarterly results from over 60% of DAX companies and upcoming Annual General Meetings for firms such as Symrise and Porsche. The conversation also touched on various market trends and investment risks, emphasizing the volatility of stocks and leveraged products.
BNP Paribas Exane analyst James Picariello raised Rivian's price target to $20, maintaining an Outperform rating, as the company shows improved gross profit and effective tariff navigation. Despite current gross profit margins at -9.33%, Rivian's focus on average selling price optimization positions it well for the R2 model launch in 2026. Analysts express confidence in Rivian's financial health, supported by strong liquidity and strategic partnerships, while acknowledging challenges like revised delivery guidance and potential delays in a $6.6 billion Department of Energy loan.
Volkswagen faces critical resistance levels at EUR 100.92/99.88 and EUR 101.78, which must be surpassed for a potential rise towards the interim high of EUR 114.15. A daily closing above these points is necessary, with a stop loss recommended below EUR 94.22.
Porsche Automobil (OTCMKTS:POAHY) has been upgraded by Barclays from a "strong sell" to a "hold" rating. This follows a series of downgrades from other analysts, with two sell ratings, five holds, and one strong buy currently assigned. The stock opened at $4.10, with a one-year range of $3.30 to $5.47.
Tesla has lost its leadership in the European electric vehicle market to Volkswagen, which sold 65,679 units in the first quarter of 2025, while Tesla's sales plummeted by 38% to 53,237 units. The decline is attributed to increased competition from both European and Chinese manufacturers, alongside reputational challenges linked to Elon Musk's political affiliations. Despite the Model Y remaining the best-selling electric car, Tesla faces a significant threat as local brands gain momentum and new models are set to launch.
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