Tesla Stock Drops 2% as European Buyers Lose Options on Model S and X

Tesla has stopped taking orders for the Model S and Model X in Europe, citing long lead times and inventory availability. Shares slid nearly 2% in morning trading. The company will continue to offer the Model 3 and Model Y for order with full configuration options. Analysts have a Hold consensus rating on TSLA stock with a 47.12% rally in its share price over the past year.

Title: Tesla Halts Orders for Model S and Model X in Europe

Tesla has ceased taking orders for its Model S and Model X luxury electric vehicles in Europe, citing long lead times and inventory availability. The company will continue to offer the Model 3 and Model Y for order with full configuration options. This decision has led to a nearly 2% slide in Tesla's stock shares in morning trading. Analysts maintain a Hold consensus rating on TSLA stock, with a 47.12% rally in its share price over the past year.

The move comes after Tesla discontinued the right-hand drive versions of the Model S and Model X in 2023, as well as in China earlier this year. The company has updated its European webpages to reflect this change, removing the ability to order new vehicles and leaving only the option to buy from inventory [1]. This shift leaves the United States and Canada as the only major markets where these aging battery-powered cars are still available.

The latest update to the Model S and Model X included multi-color ambient lighting and a few minor tweaks, along with a price increase. However, the sales figures for these models have significantly declined, with the Model 3 and Model Y accounting for the majority of Tesla's deliveries globally. In the first half of 2025, Tesla delivered just 23,275 "Other Models," compared to nearly 700,000 deliveries of the Model 3 and Model Y [2].

The change in Europe is part of a broader trend where Tesla is prioritizing its newer models, such as the Model Y. The recent launch of the three-row Model Y in China further underscores this shift, making the more expensive Model X and Model S less competitive in the market.

The decision to halt orders for the Model S and Model X in Europe may be temporary, as Tesla has previously paused orders for these models during refresh periods. However, the long lead times and inventory issues suggest that the company is facing challenges in meeting demand for these models. As Tesla continues to focus on its newer, more competitive models, the future of the Model S and Model X remains uncertain.

References
[1] https://insideevs.com/news/767444/tesla-model-s-model-x-dead-europe/
[2] https://www.electrive.com/2025/07/30/tesla-removes-model-s-and-x-from-configurator-in-europe/
[3] https://mashable.com/article/tesla-model-x-model-s-europe-orders