<div id="readability-page-1"><div><div>Tesla Inc. TSLA experienced a sharp drop in sales in the Chinese domestic car market during the week of June 30 to July 6, 2025.Check out the current price of TSLA stock here.What Happened: The EV giant recorded 5,010 new insured registrations in China, according to data compiled by influencer Roland Pircher on social media platform X on Tuesday.The registrations this week dropped 75.8% from the preceding week's 20.7K registrations. Tesla sales are down 22.9% from the same time last year. However, the sales are up over 38% compared to Q2 2025.Why It Matters: The news comes after Tesla recorded a better-than-estimated Q2 performance, with the EV giant delivering over 384,122 vehicles in the quarter. The deliveries were largely driven by the Tesla Model 3 and Model Y.Tesla sales also picked up over 12% in the UK, with Elon Musk's company delivering over 7,189 units during Q2 2025, according to sales data released recently.However, Tesla has had to deal with troubles stemming from Musk's political ambitions with the &#34;America First&#34; party as the company stock fell over 7% in 24 hours. The move has been criticized by experts.Tesla offers satisfactory Momentum and Quality while scoring well on the Growth metric. However, the stock offers poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!Check out more of Benzinga’s Future Of Mobility coverage by following this link.<ul> <li>Elon Musk’s America Party Plans ‘Conflict’ With His Full-Time Responsibilities As Tesla CEO, Says Former DOGE Advisor</li> </ul>Photo courtesy: Tada Images / Shutterstock.com</div></div></div>

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Tesla Inc. experienced a significant sales decline in China, with new insured registrations dropping 75.8% to 5,010 during the week of June 30 to July 6, 2025. This marks a 22.9% decrease compared to the same period last year, despite a strong Q2 where over 384,122 vehicles were delivered. The decline follows a 7% drop in stock value amid concerns over Elon Musk's political ambitions. While Tesla's sales increased in the UK, the overall performance in China raises concerns for the EV giant's market position.

- Tesla Inc. experienced a significant decline in sales in the Chinese market, with new insured registrations dropping 75.8% to 5,010 during the week of June 30 to July 6, 2025.  
- Despite this decline, Tesla's Q2 performance was strong, delivering over 384,122 vehicles, primarily driven by the Model 3 and Model Y.  
- The company faces challenges related to Elon Musk's political ambitions, which have contributed to a 7% drop in stock value within 24 hours.

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Tesla China Sales Plunge Over 75% In First Week Of July Despite Strong Q2 Deliveries