Tesla Stock Sinks 1.2% Premarket. Tesla Sales In Canada Have Dropped To 'Nearly Zero,' Says Researcher.

TigerJun 30, 2025 8:59 AM

View all comments（0）



Tesla stock sank 1.2% in premarket trading.

Tesla researcher Troy Teslike has highlighted Tesla Inc.’s struggle to adapt to lower sales in Canada, predicting GAAP losses for the company starting in Q1 2026.

In a post on X on Sunday, Teslike pointed out that Tesla is grappling with a significant drop in sales in Canada, largely due to political controversy.

He cited that sales have nearly hit rock bottom, while the company continues to operate 35 stores across the country, thereby keeping SG&A (Selling, General, and Administrative) costs high.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

【US Pre-Market】Nasdaq Leads Losses in Three Major Stock Index Futures, IONQ Surges Over 11%, RGTI Rises Over 5% as Market Focuses on US-China Summit

TradingKey - On Wednesday (September 23) Eastern Time, futures tied to the three major U.S. stock indexes edged up in pre-market trading. Diplomatic mediation in the Middle East and the restoration of a key Saudi oil pipeline kept international oil prices below $100 per barrel, temporarily easing energy inflation concerns. Meanwhile, investors are awaiting the summit between Chinese and U.S. leaders and the preliminary U.S. September PMI data, while a strengthening U.S. dollar and the risk of further Federal Reserve rate hikes continue to cap market gains.

Qualcomm Stock Price Prediction: Next-Gen Snapdragon Chips Boost On-Device AI, Can QCOM Stock Continue to Rise?

TradingKey - Qualcomm (QCOM) unveiled the next-generation Snapdragon 8 Elite Gen 6 mobile platform at the 2026 Snapdragon Summit and introduced a higher-performance Extreme version.

South Korea's Kospi Opens Over 1% Higher as SK Hynix and Samsung Electronics Gain; Japanese Markets Closed

TradingKey - On September 23, South Korean stocks moved higher in early trading, with semiconductor shares performing actively. The Korea Composite Stock Price Index (KOSPI) opened 1.94% higher at 7,153.99 points, before narrowing its gain to 1.37% to trade at 7,113.74 points. Japanese stock markets are closed today for the Autumnal Equinox Day holiday.

Meta Connect 2026 Preview: Phoenix Headset and AI Glasses Take Center Stage, Can Meta Reshape the XR Ecosystem?

TradingKey - Meta Platforms (META) will host its annual developer conference, Meta Connect 2026, in Menlo Park, California, from September 23 to 24. CEO Mark Zuckerberg will deliver the keynote address on September 23 at 4:00 PM PT, with developer-focused sessions taking place the following day.

Meta Shares Surge Over 8% to Highest Since February as Connect 2026 Nears, Muse Agent May Become New AI Variable

Meta Platforms (META) will hold its annual product event, Meta Connect 2026, from September 23 to 24 local time. As the company expands the focus of Connect from VR to AI, AR, smart glasses, and the metaverse, the market expects this year's conference to highlight hardware iterations and advancements in its AI strategy.

Featured Tools