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I don't have specific stats in front of me, but: * Q1 tends to be a weak quarter for automotive sales in general * EV sales in the US have been slowing * AFA
by jcranmer 2y ago
I don't have specific stats in front of me, but:
* Q1 tends to be a weak quarter for automotive sales in general
* EV sales in the US have been slowing
* AFAIK, basically every other EV vendor has shown better numbers for 2025Q1 in interim results.
In other words, while not all of the problems can be laid at Elon's feet, it's pretty clear that he is damaging Tesla's brand.
- onlyrealcuzzo 2y ago> EV sales in the US have been slowing Predominantly because Tesla is slowing, and that's where most EV sales were - see: https://www.coxautoinc.com/market-insights/q4-2024-ev-sales/ https://www.coxautoinc.com/market-insights/q4-2024-ev-sales/ > Most major auto manufacturers ended 2024 with record EV sales, with Tesla being a notable exception. > General Motors increased its sales by 50% to become the second largest EV seller in the US, Ford's EV sales increased 35%, > and Kia and Hyundai expanded by 74% and 77% respectively. EV sales excluding Tesla in the US are expected to be up >20% across the board.
- rtkwe 2y agoQ1 might be weaker but Tesla's numbers are weak compared to their previous Q1 numbers so the general yearly cycle is factored into to these being bad numbers already.
- neogodless 2y agoEV sales growth has been slowing. EV sales have continued to increase.