

Tesla Falls, Sweetgreen Downgrade, Nike Rises
Jul 1, 2025
Tesla is facing headwinds as shares drop amidst a renewed feud between Elon Musk and Donald Trump, with a sales slump looming. Sweetgreen takes a hit with a downgrade, indicating serious pressure on its urban locations. Contrastingly, Nike is on the rise thanks to a recovery strategy, improved inventory management, and effective e-commerce practices. This dynamic market landscape showcases the shifting fortunes of these major brands.
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Tesla Stock Falls Amid Political Feud
- Tesla shares dropped 6% due to renewed feud between Elon Musk and President Trump over the government subsidies in the tax bill.
- This decline is independent from Tesla's fundamentals, reflecting political tensions and Musk's criticism.
Tesla Delivery Declines Persist
- Tesla's second quarter vehicle deliveries are expected to drop about 20% year-over-year, marking continued sales weakness.
- Despite the drop, fundamentals seem less influential than Elon Musk's high-profile actions and statements.
Sweetgreen's Urban Sales Struggle
- Sweetgreen faces severe pressure on its urban locations, with same-store sales for older stores down by double digits.
- Growth in suburban markets may not compensate for the weakness in key urban footprints, posing challenges ahead.