Reported 1 day ago
Tesla's vehicle registrations in the US fell by 11% in January, totaling 43,411 units, marking a significant drop in market share. While total EV registrations rose by 14%, Tesla's decline is attributed to increased competition and backlash against CEO Elon Musk's political activities. Despite this, Tesla's stock rose 7.6%, as analysts express mixed sentiments on the company's future amid supply changes and anticipated autonomous vehicle advancements.
Source: YAHOO