Tesla’s (TSLA) UK Sales Grow Amid Challenges in Global Delivery Markets

Tesla, Inc. (NASDAQ:TSLA) is one of the best electric vehicle supply chain stocks to buy right now.  Tesla, Inc. (NASDAQ:TSLA)’s new-car registrations in the U.K. went up by 7.63% in August. Another group, New AutoMotive, said sales of battery electric vehicles (BEVs) rose by 20% in August, even though total new car sales in the U.K. fell by 2% compared to last year.

Tesla’s (TSLA) UK Sales Grow Amid Challenges in Global Delivery Markets

However, this is in stark contrast to Tesla’s global sales. During Q2 of 2025, Tesla delivered 384,122 vehicles. That’s a 13.5% drop year-over-year. The company is facing more competition, especially in big markets like China, and demand has slowed down.

To counter the lower sales, the company recently released its Model Y L in China. Tesla is also working on its other segments. During a recent earnings call, CEO Elon Musk said Tesla Energy is growing fast. He also talked about how important it is to get key materials like graphite. Musk said just making batteries in the U.S. isn’t enough; Tesla needs to make sure it can get the raw materials, too. The company is now building more partnerships with suppliers back home.

Even with the recent drop in sales, Tesla’s stock is still priced very high. It has a forward P/E ratio of 248.48, which shows that investors expect the company to grow a lot in the future. A lot of that hope comes from new things Tesla is working on, like self-driving cars and robots. Wall Street thinks Tesla’s revenue could grow more than 31% every year for the next five years.

While we acknowledge the potential of TSLA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.