So many unfulfilled promises and steep selling prices, expecting another bubble tea craze fading.
This chart captures Tesla's EV sales woes - and things are about to get worse
U.S. sales have fallen further from their 2023 peak, and Elon Musk has already told investors to brace for a 'few rough quarters'. Tesla is dealing with sales declines in the U.S., and in much of the rest of the world as well.Tesla is on track for its worst U.S. sales performance since 2022, and that's not the only region where the electric-vehicle maker is under pressure.The Austin, Texas-based company is projected to sell 125,937 electric vehicles in the U.S. between October and December, according to estimates from industry research firm Cox Automotive. That would make for a decline of more than 22% relative to a year before, when Tesla sold 162,388 units.It would also bring the total number of EVs that Tesla delivered in the U.S. this year to 577,097, an 8.9% drop versus 2024. Tesla's share of the overall U.S. automotive market is expected to have declined by half a percentage point, to 3.5%, according to the Cox estimates.Analysts attribute some of Tesla's poor performance to out
Tesla Shares Kept Rally After Hitting All Time High On Tuesday
Tesla shares kept rally in premarket trading after hitting all time high on Tuesday.Almost a year after achieving its last closing high, Tesla's stock finally surpassed that mark on Tuesday.The...