Great article, would you like

Like
Comment
Favorite

Great article, would you like to share it?

Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions

Tesla's U.S. sales hit nearly 3-year low in NovemberStandard variants cannibalize Premium sales, says Cox's StreatyTesla's market share rises while EV sales slump(Reuters) - Tesla's U.S. sales...

Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":510028577952200,"tweetId":"510028577952200","gmtCreate":1765532318115,"gmtModify":1765532322173,"author":{"id":4224273135393482,"idStr":"4224273135393482","authorId":4224273135393482,"authorIdStr":"4224273135393482","name":"HYUNSUB","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body>Great article, would you like to share it?</body></html>","htmlText":"<html><head></head><body>Great article, would you like to share it?</body></html>","text":"Great article, would you like to share it?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/510028577952200","repostId":2590541535,"repostType":2,"repost":{"id":"2590541535","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1765528003,"share":"https://ttm.financial/m/news/2590541535?lang=en_US&edition=fundamental","pubTime":"2025-12-12 16:26","market":"nz","language":"en","title":"Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions","url":"https://stock-news.laohu8.com/highlight/detail?id=2590541535","media":"Reuters","summary":"Tesla's U.S. sales hit nearly 3-year low in NovemberStandard variants cannibalize Premium sales, says Cox's StreatyTesla's market share rises while EV sales slump(Reuters) - Tesla's U.S. sales...","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla&#39;s U.S. sales hit nearly 3-year low in November</p></li><li><p>Standard variants cannibalize Premium sales, says Cox&#39;s Streaty</p></li><li><p>Tesla&#39;s market share rises while EV sales slump</p></li></ul><p>(Reuters) - Tesla&#39;s U.S. sales dropped to a near four-year low in November, despite the automaker&#39;s rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exclusively to Reuters showed on Thursday.</p><p>Making a success of the more affordable variants, called Standard, is important for Tesla and a test of its strategy for how to keep selling cars and bring in revenue as it transitions to making robotaxis and building humanoid robots, which are the core reasons investors value the company at $1.4 trillion.</p><p>EV sales have taken a hit broadly since the end of September when the Trump administration ended $7,500 federal tax credits. To combat the fall in demand, Tesla in October launched stripped-down versions of its Model Y SUV and Model 3 compact sedan, priced about $5,000 below the previous base models.</p><p>Demand for Standard versions was expected to support sales in November, but the company&#39;s total sales fell nearly 23% to 39,800 vehicles from 51,513 a year earlier and were the lowest since January 2022, according to the data from Cox, which tracks sales across the industry.</p><p>&#34;The drop certainly shows there is not enough demand for the Standard variants that were supposed to boost sales after the tax credit expiry,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters. &#34;What’s also happening is Standard sales are cannibalizing into sales of Premium versions, especially the Model 3.&#34;</p><p>The end of credits hit many EV rivals harder. Overall U.S. EV sales fell more than 41% in November and Tesla&#39;s market share rose to 56.7% from 43.1%, the data showed.</p><p>Tesla did not immediately respond to a request for comment on the sales figures.</p><p>DEMAND ISSUE</p><p>After years of soaring sales, Tesla deliveries fell for the first time last year amid high borrowing costs that soured consumer sentiment and rising competition, especially in Europe and China, with new and cheaper models from other automakers.</p><p>Deliveries this year are expected to drop again. Tesla has not introduced a completely new vehicle since its Cybertruck pickup, which has struggled to find buyers, and the rest of its lineup is older models with minor refreshes.</p><p>&#34;Tesla has a serious challenge on its hands next year when several other automakers are planning to roll out cheaper vehicles that are also full of fun features,&#34; Cox&#39;s Streaty said. &#34;So the answer is that Tesla needs a completely new vehicle in its fleet. Period.”</p><p>In addition, CEO Elon Musk&#39;s work for U.S. President Donald Trump and far-right political rhetoric sparked protests and hurt Tesla&#39;s brand image.</p><p>Tesla is offering financing deals as low as 0% on the Standard Model Y, its U.S. website showed this week. While such deals during the holiday season are common, analysts and investors said the offer on a variant that started deliveries just over a month ago is a sign of weak demand. Both Standard Model Y and Standard Model 3 were available in inventory on the Tesla website and tagged as having reduced prices.</p><p>&#34;I think the bottom line is, if the demand was there they wouldn&#39;t be offering 0% financing,&#34; said Shawn Campbell, an adviser at Camelthorn Investments. &#34;The solution for the demand issue ultimately needs to be new, fresh models.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla US Sales Drop to Nearly 4-Year Low in November Despite Launch of Cheaper Versions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-12 16:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>Tesla&#39;s U.S. sales hit nearly 3-year low in November</p></li><li><p>Standard variants cannibalize Premium sales, says Cox&#39;s Streaty</p></li><li><p>Tesla&#39;s market share rises while EV sales slump</p></li></ul><p>(Reuters) - Tesla&#39;s U.S. sales dropped to a near four-year low in November, despite the automaker&#39;s rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exclusively to Reuters showed on Thursday.</p><p>Making a success of the more affordable variants, called Standard, is important for Tesla and a test of its strategy for how to keep selling cars and bring in revenue as it transitions to making robotaxis and building humanoid robots, which are the core reasons investors value the company at $1.4 trillion.</p><p>EV sales have taken a hit broadly since the end of September when the Trump administration ended $7,500 federal tax credits. To combat the fall in demand, Tesla in October launched stripped-down versions of its Model Y SUV and Model 3 compact sedan, priced about $5,000 below the previous base models.</p><p>Demand for Standard versions was expected to support sales in November, but the company&#39;s total sales fell nearly 23% to 39,800 vehicles from 51,513 a year earlier and were the lowest since January 2022, according to the data from Cox, which tracks sales across the industry.</p><p>&#34;The drop certainly shows there is not enough demand for the Standard variants that were supposed to boost sales after the tax credit expiry,&#34; Stephanie Valdez Streaty, Cox&#39;s director of industry insights, said in an interview with Reuters. &#34;What’s also happening is Standard sales are cannibalizing into sales of Premium versions, especially the Model 3.&#34;</p><p>The end of credits hit many EV rivals harder. Overall U.S. EV sales fell more than 41% in November and Tesla&#39;s market share rose to 56.7% from 43.1%, the data showed.</p><p>Tesla did not immediately respond to a request for comment on the sales figures.</p><p>DEMAND ISSUE</p><p>After years of soaring sales, Tesla deliveries fell for the first time last year amid high borrowing costs that soured consumer sentiment and rising competition, especially in Europe and China, with new and cheaper models from other automakers.</p><p>Deliveries this year are expected to drop again. Tesla has not introduced a completely new vehicle since its Cybertruck pickup, which has struggled to find buyers, and the rest of its lineup is older models with minor refreshes.</p><p>&#34;Tesla has a serious challenge on its hands next year when several other automakers are planning to roll out cheaper vehicles that are also full of fun features,&#34; Cox&#39;s Streaty said. &#34;So the answer is that Tesla needs a completely new vehicle in its fleet. Period.”</p><p>In addition, CEO Elon Musk&#39;s work for U.S. President Donald Trump and far-right political rhetoric sparked protests and hurt Tesla&#39;s brand image.</p><p>Tesla is offering financing deals as low as 0% on the Standard Model Y, its U.S. website showed this week. While such deals during the holiday season are common, analysts and investors said the offer on a variant that started deliveries just over a month ago is a sign of weak demand. Both Standard Model Y and Standard Model 3 were available in inventory on the Tesla website and tagged as having reduced prices.</p><p>&#34;I think the bottom line is, if the demand was there they wouldn&#39;t be offering 0% financing,&#34; said Shawn Campbell, an adviser at Camelthorn Investments. &#34;The solution for the demand issue ultimately needs to be new, fresh models.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4099":"汽车制造商","BK4588":"碎股","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4598":"佩洛西持仓","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4516":"特朗普概念","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","SG9999015978.USD":"利安颠覆性创新基金A","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","BK4534":"瑞士信贷持仓","BK4511":"特斯拉概念","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4604":"机器人概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4612":"AI芯片","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1548497426.USD":"安联环球人工智能AT Acc","BK4527":"明星科技股","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4574":"无人驾驶","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4581":"高盛持仓","BK4543":"AI","LU0823411888.USD":"法巴消费创新基金 Cap","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","TSLA":"特斯拉","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","BK4592":"伊斯兰概念","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4548":"巴美列捷福持仓","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","BK4551":"寇图资本持仓","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4550":"红杉资本持仓","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","BK4555":"新能源车","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251211:nL6N3XH164:2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2590541535","content_text":"Tesla's U.S. sales hit nearly 3-year low in NovemberStandard variants cannibalize Premium sales, says Cox's StreatyTesla's market share rises while EV sales slump(Reuters) - Tesla's U.S. sales dropped to a near four-year low in November, despite the automaker's rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exclusively to Reuters showed on Thursday.Making a success of the more affordable variants, called Standard, is important for Tesla and a test of its strategy for how to keep selling cars and bring in revenue as it transitions to making robotaxis and building humanoid robots, which are the core reasons investors value the company at $1.4 trillion.EV sales have taken a hit broadly since the end of September when the Trump administration ended $7,500 federal tax credits. To combat the fall in demand, Tesla in October launched stripped-down versions of its Model Y SUV and Model 3 compact sedan, priced about $5,000 below the previous base models.Demand for Standard versions was expected to support sales in November, but the company's total sales fell nearly 23% to 39,800 vehicles from 51,513 a year earlier and were the lowest since January 2022, according to the data from Cox, which tracks sales across the industry.\"The drop certainly shows there is not enough demand for the Standard variants that were supposed to boost sales after the tax credit expiry,\" Stephanie Valdez Streaty, Cox's director of industry insights, said in an interview with Reuters. \"What’s also happening is Standard sales are cannibalizing into sales of Premium versions, especially the Model 3.\"The end of credits hit many EV rivals harder. Overall U.S. EV sales fell more than 41% in November and Tesla's market share rose to 56.7% from 43.1%, the data showed.Tesla did not immediately respond to a request for comment on the sales figures.DEMAND ISSUEAfter years of soaring sales, Tesla deliveries fell for the first time last year amid high borrowing costs that soured consumer sentiment and rising competition, especially in Europe and China, with new and cheaper models from other automakers.Deliveries this year are expected to drop again. Tesla has not introduced a completely new vehicle since its Cybertruck pickup, which has struggled to find buyers, and the rest of its lineup is older models with minor refreshes.\"Tesla has a serious challenge on its hands next year when several other automakers are planning to roll out cheaper vehicles that are also full of fun features,\" Cox's Streaty said. \"So the answer is that Tesla needs a completely new vehicle in its fleet. Period.”In addition, CEO Elon Musk's work for U.S. President Donald Trump and far-right political rhetoric sparked protests and hurt Tesla's brand image.Tesla is offering financing deals as low as 0% on the Standard Model Y, its U.S. website showed this week. While such deals during the holiday season are common, analysts and investors said the offer on a variant that started deliveries just over a month ago is a sign of weak demand. Both Standard Model Y and Standard Model 3 were available in inventory on the Tesla website and tagged as having reduced prices.\"I think the bottom line is, if the demand was there they wouldn't be offering 0% financing,\" said Shawn Campbell, an adviser at Camelthorn Investments. \"The solution for the demand issue ultimately needs to be new, fresh models.\"","news_type":1,"symbols_score_info":{"TSLA":1.98}},"isVote":1,"tweetType":1,"viewCount":118,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}