2025 has been a wild year for Tesla investors, with the company's stock experiencing many dramatic ups and downs.
According to a report from TipRanks, the removal of two Tesla models from European automotive markets caused shares to drop about 2% at the end of July.
The electric vehicle manufacturer announced that it would stop taking new leasing orders for the Model S and Model X throughout Europe. This sent a wave of uncertainty that some shareholders may be unwilling to wait out.
European customers can still purchase existing inventory, but new custom orders are no longer available through Tesla's online service, TipRanks reported. This change comes shortly after a minor refresh of the vehicles, sparking speculation that the decision is related to low sales volume and a shift in European buyer preferences toward more affordable and practical EVs.
Tesla has faced a growing number of challenges related to its vehicles throughout the first half of the year. In France, Tesla was slapped with an official notice after it was determined that the company was potentially misleading consumers with its marketing of the Full Self-Driving technology offered in vehicles.
Perhaps even more damaging for Tesla has been its performance in many key markets across Europe. The company has reported a massive drop in car sales, especially in the U.K. and Germany.
Many have attributed the company's sudden downturn to backlash over CEO Elon Musk's political activities and public disputes, which have damaged brand trust among many consumers who view Tesla as an extension of Musk himself.
Ben Nelmes, founder of New AutoMotive, offered up a somewhat grim outlook for Tesla's future. "That markets shrug at poor sales numbers suggests the company's fortunes rest on their ability to bring forward workable self-driving vehicles," Nelmes told Reuters.
Despite the tough road ahead for Tesla, EV sales in Europe have continued to trend upward throughout the first half of 2025. As noted by the European Automobile Manufacturers' Association, new hybrid-electric and EV registrations accounted for over 50% of the EU market share.
More car drivers than ever are turning to EVs and their numerous benefits, including reduced emissions, lower operating costs, and a quieter, more enjoyable driving experience.
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EVs and hybrids contribute to cleaner air and can help save drivers a considerable amount of cash on fuel and maintenance. For even further savings and cleaner charging that doesn't rely on the grid, consider installing solar panels on your home. EnergySage provides a free cost comparison tool and can help its customers save up to $10,000 off installation costs.
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