Tesla's Sales Slump: A Deepening Crisis
Update: 2025-11-26
Description
Teslas electric vehicle sales are plummeting, with a seven percent decline expected this year, despite a strong third quarter. The companys struggles are particularly evident in Europe, where sales have not recovered from a downturn following Elon Musks controversial comments. Teslas product lineup is narrow and aging, while competitors offer a wider variety of improved electric vehicles at lower prices. In Europe, over a dozen electric models are now available for under thirty thousand dollars, and Chinese brands are entering the market with appealing designs. Teslas sales and market share are also declining in China and the U.S., with no new models for human drivers on the horizon as Elon Musk focuses on self-driving robotaxis and humanoid robots.
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