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Jaepa | 1 year ago

Yes, but this is wider trend. EV sales are flat to down last quarter. This is pretty much exclusively due to sales of Teslas slumping. All pretty much all of the other EV manufacturers have sold record volume.

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mike_hearn|1 year ago

No, it's got nothing to do with Tesla. European manufacturers are seeing huge drops in sales too. ACEA is a European auto industry trade group:

https://www.acea.auto/press-release/european-auto-industry-c...

See the Notes For Editors section: "The market decline is affecting many brands, including and beyond ACEA members, across the board (ACEA August car registration data)"

wakawaka28|1 year ago

All other EV manufacturers have short records compared to Tesla. I also think Tesla is suffering from its own success. People are getting tired of the same designs and want to try something different. If not for extensive government BS, almost nobody would be buying EVs at all because they are impractical for most consumers.