Reported 1 day ago
New data indicates that Tesla's US registrations fell by 16% in April, reflecting a troubling trend echoed by significant sales declines in Europe. The drop is attributed to increasing competition from General Motors and other automakers, as well as CEO Elon Musk's controversial political activities, which have alienated some customers. Overall, total EV registrations in the US also decreased, marking the first year-over-year decline since February 2024.
Source: YAHOO