Tesla(US:TSLA) Sou Hu Cai Jing·2025-08-14 10:01Core Viewpoint - Elon Musk is shifting focus from political involvement to company operations, particularly in diversifying Tesla's business by applying for a power supply license in the UK [1][7] Group 1: Tesla's Business Expansion - Tesla has applied for a power supply license in the UK, aiming to compete with major energy companies like Centrica and EDF Energy [2][3] - If successful, Tesla could start supplying electricity to UK households and businesses by early 2026, leveraging its existing customer base of over 250,000 electric vehicles sold in the UK [7][8] - The application aligns with Tesla's broader strategy to integrate its energy products, such as Powerwall batteries, with electricity supply services [8] Group 2: Declining Automotive Sales - Tesla's core automotive sales are experiencing a significant decline, with a 16% drop in automotive revenue and a 12% decrease in overall revenue from April to June [3][4] - Sales of Tesla's best-selling models, Model Y and Model 3, fell by 12%, while sales of more expensive models like Cybertruck plummeted by 52% [3] - In the UK, new registrations of Tesla vehicles dropped nearly 60% year-over-year, reducing market share from 1.67% to 0.7% [3] Group 3: Political and Public Perception Challenges - Musk's political statements and actions have led to negative public perception, particularly in Europe, contributing to declining sales [6][10] - The UK regulatory body Ofgem's decision on Tesla's license application may be influenced by public sentiment and Musk's controversial remarks about the UK government [9][10] - The approval process for the license could take up to nine months, with the potential for political factors to impact the outcome [12]