Tesla shows it's not immune to the EV slowdown
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Tesla reported its first-ever year-over-year decline in car sales, selling 1,789,226 vehicles in 2024, indicating a slowdown in the electric vehicle market.
January 02, 2025 | 2:30 pm
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Tesla reported a decline in car sales for the first time, selling 1,789,226 vehicles in 2024, highlighting a potential slowdown in the EV market.
Tesla's first-ever year-over-year decline in car sales suggests a potential slowdown in the EV market, which could negatively impact its stock price in the short term as investors react to the news.
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