📉 European Sales Slump
Tesla's electric vehicle sales in Europe have experienced a significant decline. In the first quarter of 2025, Tesla sold 53,237 vehicles, a 38% drop compared to the same period last year. This downturn has allowed Volkswagen to overtake Tesla as Europe's leading EV seller, with 65,679 units sold—a 157% increase year-over-year . The decline is attributed to factors such as delivery delays, increased competition from models like the Volkswagen ID.4 and ID.7, and negative public perception related to Elon Musk's political activities .( Diario AS)
📈 Stock Performance Amid Challenges
Despite the sales slump, Tesla's stock has shown resilience. Investors appear optimistic about Elon Musk's renewed focus on Tesla after reducing his involvement in governmental roles. This shift has contributed to a 15% rise in Tesla's stock price, even as European sales dropped by 50% in April .( AInvest)
🧑💼 Leadership Developments
Speculation about Tesla's leadership has intensified. Reports suggest that the board is considering succession plans, with Tom Zhu, the company's Senior Vice President, emerging as a potential successor to Elon Musk. Zhu has been instrumental in Tesla's operations in China and has recently taken on a global role, overseeing operations in the U.S. and Europe .(The Economic Times, Diario AS)
🔧 Software Updates
Tesla has released software update 2025.8, introducing several undocumented features. While most vehicles are transitioning to the 2025.14 Spring Update, the 2025.8 version includes minor yet valuable enhancements that were not detailed in the official release notes .
💼 Notable Investment
Joe Gebbia, Airbnb co-founder and Tesla board member, has increased his stake in Tesla by purchasing 4,000 shares, bringing his total holdings to 4,111 shares valued at approximately $1.1 million. This move is notable as other insiders have been selling shares amid the company's challenges
