Tesla stock price fell big on Thursday. Tesla or TSLA shares crashed over seven per cent at $395. This comes even though Elon Musk-owned EV car sales surged in the past three months in a possible sign damage from a customer revolt over Elon Musk and boycotts are mostly behind it. The electric vehicle maker run by Musk reported Thursday that it delivered 480,126 cars to customers, a jump of 25 per cent over the 384,122 figure a year ago when many Europeans refused to buy his cars because of his embrace of far-right political candidates there. The second-quarter sales, the second straight gain in a row, also came in much higher than the 401,000 that Wall Street analysts had been expecting, according to a FactSet survey.
It's a big turnaround from just a few months ago when Tesla reported sales had fallen in 2025 for a second year in a row and it had to yield its crown as the world's largest EV maker to China's BYD.
