Tesla to boost production at German site – report

Core Insights - Tesla plans to increase production levels at its German manufacturing hub due to higher vehicle sales, despite facing competition from Chinese automakers [1][2] - The CEO's political engagements may have influenced consumer demand, but the company remains optimistic about trends across all markets served by the Gruenheide plant [1][2] - Tesla's sales in July saw a significant drop, with 1,110 vehicles sold, and a 57.8% decline from January to July [2] - In Q2, Tesla sold 384,122 cars, marking a 13.5% year-over-year decline, the largest to date [4] - Despite challenges, Tesla experienced a 21.3% increase in registrations in Norway, indicating strength in markets with a strong EV presence [7] - The company reported a 12% year-on-year decrease in total revenue for Q2 2025, falling to $22.49 billion from $25.5 billion [8] - Tesla has faced a continued downturn in sales across several European markets for eight consecutive months [8]