Tesla's EV Sales Drop, Stock Rises on Musk's Future Plans
Update: 2026-01-02
Description
Teslas electric vehicle sales decline for the second consecutive year, losing its top spot to BYD, with a 9% drop in 2025. The fourth quarter saw a 15.6% drop, missing analysts expectations. Increased competition and the end of the federal EV tax credit impacted demand. Despite these challenges, Teslas stock rose 11% on investor optimism for Musks future plans, including robotaxis and humanoid robots. Checkout Solipillow.com
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