Lates News

date
14/12/2025
According to data provided by Cox Automotive, despite Tesla (TSLA.O) releasing a less expensive version of its best-selling electric car, the company's sales in the United States in November still dropped to the lowest level in nearly four years. Since the end of September when the Trump administration canceled the $7500 federal tax credit for electric vehicles, overall electric car sales in the United States have suffered. In response to the decline in demand, Tesla introduced simplified versions of the Model Y and Model 3 in October at prices about $5000 lower than the previous base models. It was originally expected that the demand for the standard versions would support November sales, but Cox's data shows that Tesla's total sales that month still decreased by nearly 23% compared to the same period last year, dropping from 51,513 to 39,800 units, the lowest level since January 2022.