"U.S. data shows that Tesla Inc. ( NASDAQ: TSLA) sales declined last year. ACEA data showed double-digit declines in most European Union member states in 2025. There has been anxiety that Tesla sales would also decline in China, which is the world's largest electric vehicle (EV) market. That has not happened. In November, in the United States, Tesla's sales declined to a nearly four-year low, and its market share fell below 50%."
"The recovery in China, while important on paper, may not mean much to CEO Elon Musk. He has stated that Tesla is transitioning into an artificial intelligence (AI) and robotics company. He has asked investors to view the company that way. Yahoo reports that Musk ended production of the Model S and Model X because, to some extent, they did not sell well. He also wants to convert factories to produce his Optimus robot."
U.S. sales for Tesla declined last year, with November sales falling to a nearly four‑year low and market share dropping below 50%, as General Motors and Ford gained ground. ACEA data showed double‑digit declines across most EU member states in 2025, and Tesla's EU sales fell 37.9% to 150,504 units. Bloomberg reported China shipments in January rose 9% year‑over‑year, marking a three‑month strong run while some local EV makers, including BYD, saw sales slip. Elon Musk is repositioning Tesla toward artificial intelligence and robotics, ending Model S and Model X production and planning Optimus robot factory conversions. Tesla's stock is up 10% over the past year but trails the S&P 500, and the company carries a $1.58 trillion market capitalization.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]