Tesla's Sales Turmoil Deepens With North America Sales Chief's Exit

Zinger Key PointsTroy Jones, who served as vice president of sales, service, and delivery in Tesla’s largest market, departs after a 15-year tenure.The latest executive departure follows the recent exit of Omead Afshar, a close advisor to CEO Elon Musk.PPI and Industrial Production drop Wednesday morning — see how Matt Maley is trading the reaction, live at 6 PM ET.Tesla, Inc.’sTSLAtop sales leader in North America has left the company, marking another significant executive exit as the automaker grapples with a sharpdecline in sales.The Details: Troy Jones, who served as vice president of sales, service and delivery in Tesla's largest market, departed after a 15-year tenure,accordingto the Wall Street Journal.This latest executive departure follows the recent exit ofOmead Afshar,a close advisor to CEOElon Musk. Afshar, who was promoted less than a year ago to oversee all sales and manufacturing operations in North America and Europe, left the company less than a month ago.Read Next:Rare Earth Royalty: Meet The Power Players Shaping The IndustryOther notable departures includeJenna Ferrua, Tesla's director of human resources for North America, who left in June.Earlier in the year,Milan Kovac, a vice president of engineering responsible for the development of Tesla's Optimus humanoid robot, also exited the company. The Optimus project is a key part of Musk's vision to transform Tesla into a leader in robotics and artificial intelligence.Company Response and Recent MovesTo counteract falling sales and increased competition, Tesla has introduced several new vehicle updates and offered low-cost financing options to attract buyers. Recent product launches include:Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100.Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get StartedA refreshed Model Y midsize SUV in MarchA more affordable, simplified version of the Cybertruck in AprilUpdated versions of the Model S and Model X luxury vehicles in JuneDespite concerns from Wall Street about declining sales and shrinking profit margins, Tesla's leadership has emphasized the long-term potential of its investments in autonomous driving technology — branded as Full Self-Driving — and the Optimus robot.Why It Matters:Tesla recorded a 9.09% year-over-year increase inModel Y salesin China during June, reflecting a strong rebound that aligned with the company's better-than-expected second-quarter deliveries.According to data from CnEVPost, Tesla sold 44,848 Model Y units in China during the month, recovering from two consecutive months of declining sales.Tesla also experienced growth in the U.K. market, where it saw a 12% increase in sales as the company delivered 7,189 vehicles during the second quarter of 2025.This comes as Musk assumed direct oversight of Tesla’s sales operations in Europe and the U.S. following the departure of Afshar.Loading...Loading...Read Next:Joby Aviation Stock Goes Vertical As Secret, Massive Drone Achieves 9-Hour FlightImage: ShutterstockTSLATesla Inc$314.76-0.68%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentum45.01Growth90.93Quality49.98Value10.39Price TrendShortMediumLongOverviewThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:Large CapNewsManagementTech