Musk Distorts State of Market Where Tesla Sales Have Crashed
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The Tesla CEO asserts he's seeing a major rebound in customer interest for his EVs despite persistent evidence to the contrary.
Now we have learned that things are getting worse for Cybertruck owners: The Cybertruck has depreciated by 45% after only one year, according to CarGurus. The depreciation is so b
Reports show many Tesla owners are deeply unhappy with the association of their cars to Elon Musk and his recent actions through the Department of Government Efficiency (DOGE). This article explains what sellers can expect in terms of loss of value when selling or trading their Teslas.
Declines mirror trends seen across the United States and in Europe as consumers express their dissatisfaction with Elon Musk role in government.
The sale of zero-emission vehicles in California dropped 2.6% in the first quarter of this year compared to the first three months of 2024.
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The Tesla Cybertruck may have entered the 2025 electric pickup race in pole position, but the advantage it had last year has already evaporated, analysts said earlier this week after tabulating vehicle registrations for the first quarter of the year.
The cuts, which appear to be the first by a Tesla supplier in Texas, come amid plummeting sales as the brand takes a reputational hit over CEO Elon
In fact, the European market is actually embracing electrification more than ever this year. Battery-electric vehicle (EV) sales are up 28%, full-hybrid sales are up 16%, and plug-in hybrid electric vehicle (PHEV) deliveries have risen by 12%. Meanwhile, sales of non-hybrid gasoline cars fell by 7.2%, and diesel vehicles saw a 19% decline.