Tesla faces major sales drop in an important EV market
EV automaker announced some pretty dismal numbers, including a net year-over-year sales decline and weak earnings numbers that included a 71% dip in net income to $2.3 billion. Despite signs pointing downwards,
Tesla Sales See Significant Decline in California
California is the biggest market for electric vehicles in the U.S. and by a wide margin, accounting for nearly 35 percent of all EV sales nationwide. Therefore, declining sales in the state could spell trouble for Tesla, which reported its first-ever annual decline in deliveries in 2024.
Tesla sales dropped 60% in Germany
Tesla’s sales have dropped nearly 60% in January in Germany compared to the same period last year. The same thing is happening throughout Europe. Earlier this week, we reported that Tesla’s sales crashed throughout all European markets in January.
Tesla's China-made EV sales fall 11.5% y/y in January
U.S. automaker Tesla's sales of China-made electric vehicles fell 11.5% to 63,238 units in January from a year earlier, data from the China Passenger Car Association showed on Friday. Deliveries of China-made Model 3 and Model Y vehicles were down 32.
Tesla Sales Collapse By Up To 63% In France, Germany, And UK
In Germany, Tesla sold 1,277 vehicles last month, representing a massive fall of 59.5% from January 2024. Sales of EVs fell off a cliff in Germany last year after the government r
Tesla’s sales plummet across Europe
The country hosts Tesla’s only manufacturing plant in Europe. Sales of electric vehicles slowed sharply in Germany and France last year following a pullback in government subsidies, but demand has started to recover recently.
German Tesla Sales Fall Amid Musk Political Intervention
Tesla’s sales plummeted 59% last month in Germany, adding to indications that Chief Executive Officer’s Elon Musk political activities are hurting the carmaker’s business in major electric vehicle markets.
Tesla seems to have a China problem as car sales stall
A sales slump at Tesla (TSLA) has extended into the new year. In China, sales were down 11.5 percent in January. Tesla isn’t keeping up with fierce homegrown competition. For example, during the same period,
Tesla car sales in China fall 11.5% as competition intensifies
Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.
Why is TSLA stock down? Tesla has dropped more than 10% since Trump took office
Tesla shares were sliding nearly 5% in midday trading. Tesla’s stock (Nasdaq:TSLA) moved lower once again Monday, falling ...
Tesla’s Deliveries Decline: The Warning Signs I Saw Two Years Ago
Tesla's declining deliveries confirm our 2022 warnings. Discover how Musk's Twitter antics and very relentless market ...
Tesla’s European Sales Drop in January After Musk Disrupts Politics There
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla ...
Why Tesla (TSLA) Shares Are Falling Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 3.3% in the afternoon session after reports revealed that the ...
Tesla Sales Crash Up To 63% In European Markets, Is Musk Or New Model Y To Blame?
Tesla's declining sales are shrinking the automaker's market share across Europe ...
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Tesla’s sales drop double digits in the US’ biggest EV market, while others are growing
Tesla’s sales have dropped by double digits in California, the most important EV market in the US, all while the rest of the ...
Tesla drops Cybertruck lease price dramatically, offers free wrap
Tesla has had trouble selling its Foundation Series Cybertruck, with reports from December noting it was actually buffing out ...
Tesla Slashes Cybertruck Lease Prices As Demand Stagnates
To outright buy a Cybertruck, prices don’t seem to have changed very much. A quick look at Tesla’s website shows the ...
Tesla profits dropped by 70 percent last quarter
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the ...
Tesla’s struggling in another foreign market — and this one is important
China is Tesla’s second-largest market, and the U.S. automaker faces intense competition from a range of competitors.