Perhaps a surprise to connect Tesla Q2 shock paid to smaller markets, leaving Wall Street puzzled
After Tesla surprised the market on Wednesday with quarterly sales that were not anywhere like fear, investors collect their brains in an attempt to find out where tens of thousands of cars suddenly appeared.
Signs indicate that smaller markets may serve as an outlet valve, for example to unload compact cars at Berlin Factory in Tesla now after they have many neighboring European markets effectively Close the door on the brand because of Reputation You catch it CEO Elon Musk.
Therefore, Wall Street asks questions about whether the sudden rise in the past month may be significantly derived from unknown countries as major sources of demand for Tesla. Nearly 60 % of Tesla sales were created the first half in Türkiye in June alone.
UBS analysts wrote in a research note on Thursday: “The above expectations may be received well,” but there, “but there, but there.[questions] Around where these vehicles are sold (it is likely not to be typical areas). ”
Türkiye recorded 7,235 Tesla sales and 7.7 % market share in June. Bev penetration up to a new standard of 27.4 % and Tsla has 28.2 % of this sector. 🇹🇷
• The market share is 703 basis points or 1016 % higher than the late average 3 months 0.7 %
• Tesla, second sales sales
• … pic.twitter.com/0BduyMIMGP– Roland Bercher (Peloli) July 2, 2025
between turkey Norway, Tesla sold ten times the number of cars in these two countries, as it did in Germany last month. This is despite the fact that the total passenger cars sales in the aforementioned duo, even when combining, are still only half the size of the latter.
This increase in the size of the unbearable places helped Tesla The consensus of the nail market On Wednesday with 384,000 cars were delivered in the second quarter, causing 5 % shares in trading. Many experts who follow the car markets were closer to the stock analysts from the sale side expected the number to approach 360,000 vehicles, while giving a Lack of a new product.
Part of the reason that Tesla may be surprised, however, lies in the lack of transparency of Tesla for other car makers. It publishes deliveries once in every quarter, and only provides a division between sales – Form 3 and Y – and luxury, as you assemble S, X and Cybertruck together.
Tesla did not respond to a request from luck To comment.
This is just bananas’
Selling 7,235 vehicles in Türkiye last month Tesla made the third most popular brand yet Renault and Volkswagen. For comparison, only 11,534 Teslas was sold in the country throughout the past year, according to the local association ODMD.
in Siddiq Norway EVTesla sold 5,646 vehicles In June Despite the demand for cars in the northern country is 1/20 Germany. The Musk brand was very strong to represent every third car sold in Norway last month.
“This is just bananas,” said car analyst Cox Irene Kitting luck.
This may be a sign of these markets as a dumping floor for cars built at the Berlin Factory in Tesla now after the European demand has decreased sharply. In Germany, the largest car market on the continent largely, Tesla sizes sank by 60 % in June to 1,860 cars and 58 % across the entire first half.
Such an approach would make it difficult to maintain high folders, as smaller markets like Norway are saturated more quickly. This means that Tesla can eventually have to stop production in Berlin due to a lack of demand.
In other most firm markets like the United States, the image is likely.
“In the United States, we see them declining dramatically,” Kitting explained. “They are still losing the share strongly, and the only thing they got now is that they are not exposed to the dangers of customs tariffs because their cars produce America.”
