EV Market

Tesla Sales Collapse in Major EU Market

Tesla’s January performance in France, the EU’s second-largest EV market, was significantly weaker than the overall market trend. Registrations dropped a dramatic 63%, totaling just 1,141 vehicles — the lowest since August 2022. This decline contrasts with a small overall decrease in industry sales and EV sales specifically. The sharp fall in Tesla registrations suggests challenges for the company in this key European market.

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Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla

As a self-proclaimed “Tech Bro” in my 30s, the idea of owning a Tesla used to be an exciting prospect for me. The sleek design, the cutting-edge technology, and the environmentally-friendly aspect all appealed to my sensibilities. However, as time has passed, my enthusiasm for Tesla has waned, and Elon Musk’s politics are a significant contributing factor to this change of heart.

In recent years, Elon Musk’s controversial statements and actions have caused a rift among potential Tesla buyers, especially those who lean towards liberal ideologies. It’s no secret that car ownership often involves making a statement. Just as Prius buyers are seen as environmentalists and Cadillac owners as wealthy status seekers, Tesla buyers were once synonymous with environmentally-conscious, liberal-minded individuals.… Continue reading

Tesla shares fall after deliveries drop 8.5% from a year ago

As a Tesla owner and enthusiast, it’s disheartening to see the recent news about the company’s shares falling after deliveries dropped 8.5% from a year ago. The hype surrounding Tesla’s innovative electric vehicles seems to be losing steam, and I can’t help but wonder why. Is it a loss of enthusiasm for electric vehicles in general, or is Elon Musk’s erratic behavior and controversial statements causing potential buyers to turn away?

I remember when I first heard about Tesla’s plans to release a $25k car, and I was eagerly waiting for it to hit the market. However, years have passed, and there’s still no sign of this affordable option.… Continue reading