Tesla tops trading volume with $26.243 billion as inventory woes mount

On June 17, 2025, Tesla (TSLA) experienced a significant trading volume of $26.243 billion, making it the top-traded stock of the day. The company's stock price decreased by 3.91%.

Tesla has announced plans to temporarily halt production at its Gigafactory in Texas during the first week of July. This shutdown is scheduled to begin on June 30 and will last for one week, with production resuming the following week. The pause is intended to allow for necessary maintenance operations.

This is the second time in two months that Tesla has had to pause production at the Texas Gigafactory, where it manufactures the Model Y and Cybertruck vehicles. The first pause occurred earlier this year, and the current pause is expected to last for a similar duration.

Tesla is currently facing inventory challenges in the United States, with reports of overflow parking lots being used to store unsold vehicles. In Chesterfield, Missouri, Tesla has rented a parking lot of a partly demolished mall to park hundreds of unsold cars. Similar overflow lots have been spotted in other states, including Michigan, Nevada, Florida, and Ohio.

The inventory issues are particularly pronounced for the Cybertruck, which Tesla is struggling to sell despite offering significant discounts. The company has had to reduce production of the Cybertruck to avoid building even more inventory, with over 3,000 unsold units currently in storage.

Tesla's overall inventory in the United States is higher than it was at the same time last quarter, despite the company offering record-low lease prices and subsidized financing to move its vehicles. This inventory buildup is a concern for Tesla, as it indicates potential demand issues in one of its key markets.