Tesla car sales surge as boycott fallout eases
NEW YORK: Tesla car sales surged in the past three months in a possible sign that damage from a customer revolt over Elon Musk and boycotts is mostly behind it.
The electric‑vehicle maker run by Musk reported on Thursday that it delivered 480,126 cars to customers, a jump of 25% over the 384,122 figure a year earlier, when many Europeans refused to buy his cars because of his embrace of far‑right political candidates there.
Second‑quarter sales, the second consecutive gain, also came in much higher than the 401,000 that Wall Street analysts had been expecting, according to a FactSet survey.
It is a big turnaround from just a few months ago, when Tesla reported sales had fallen in 2025 for a second year running and it had to yield its crown as the world’s largest EV maker to China’s BYD.
Tesla’s shares fell sharply in midday trading on Thursday, down 6%, an odd development that Seth Goldstein of Morningstar attributed possibly to profit‑taking by investors after a recent run‑up in its shares.
(With inputs from RSS/AP)
