The U.S. Is Falling Behind in the Global EV Race

The U.S. Is Falling Behind in the Global EV Race

Tesla CEO Elon Musk has warned that the end of U.S. government support for electric vehicles could lead to “a few rough quarters,” following the automaker’s steepest revenue and delivery decline in more than a decade. Tesla is now relying on a long-promised affordable model and its autonomous ride-hailing roadmap to regain momentum, but immediate growth prospects look dim in the U.S. market. The caution comes as global EV sales continue to rise.…

“Elon’s Out of Excuses”: Tesla’s Collapse Accelerates and Investors Say “A Few Tough Quarters? This Is a Bloodbath” - Rude Baguette

IN A NUTSHELL 🚗 Tesla faces a significant sales decline in France, with a drop of €854 million ($903 million) last year. 👨‍💼 Elon Musk’s political activities have impacted Tesla’s brand image, contributing to decreased vehicle deliveries. 🔄 The rise of competitors like Peugeot and Chinese manufacturers challenges Tesla’s market dominance. 📉 Tesla’s global financial