Tesla Sales Plummet Globally: Germany, Australia, and China Hit Hard
2025-03-09
Tesla's sales have plummeted in major markets during Q1 2025. Germany saw a 76.3% year-over-year drop in February sales, Australia a 71.9% decline, and China a 49.16% decrease. Despite the launch of the updated Model Y, sales remain sluggish, with the Model 3 experiencing a dramatic fall. This indicates challenges to Tesla's leading position in several key markets, signaling a significant impediment to its global growth trajectory. Possible factors include product fatigue, CEO controversies, market saturation, and the transition surrounding its best-selling Model Y.
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