Tesla: 2025 Threatens Second Year Without Growth
Tesla is facing a difficult year. After the company already recorded no increase in sales in 2024, current forecasts indicate that 2025 could be another year without growth. The reasons include cooling demand for electric cars, increasing competition, and regulatory hurdles.
Market Environment and Challenges
The global market for electric vehicles continues to grow, but the pace is slowing. In Europe and the US in particular, Tesla is struggling with saturation effects and new competitors such as Rivian and Mercedes. Meanwhile, the Chinese market remains fiercely competitive, where local manufacturers like BYD are setting aggressive prices.
FSD as a Silver Lining?
Tesla has high hopes for the approval of Full Self-Driving in Europe to generate new revenues. However, the process is progressing slowly. > [!NOTE]
EU approval of FSD (Supervised) is not a sure thing. Experts warn of strict requirements that could slow Tesla's expansion.
If FSD does not take off in Europe as hoped, Tesla will lack an important growth driver. In the US, some Level 4 tests are already underway, but scalability remains questionable.
Outlook
Without new models or significant breakthroughs in autonomous driving, Tesla faces another year of stagnation in 2025. The stock has already reacted, and investors are looking skeptically at the upcoming quarterly figures. Whether Tesla can turn things around depends largely on the launch of the cheaper model and the approval of FSD in key markets.
More on the topic: Tesla FSD Subscription Launches in UK & EU-Wide Approval for Tesla FSD No Sure Thing