
Tesla Inc. is experiencing a downturn in sales, particularly in California, where sales have decreased by 13% in the first half of 2024. This decline in its former home state is contributing to Tesla's overall underperformance in the market. Analysts are raising concerns about Tesla's ability to meet its global sales target of 1 million battery electric vehicles (BEVs) for the year, as growth becomes increasingly elusive. The situation is prompting questions about the potential for further declines in Tesla's electric vehicle sales.
In light of another great @liamdenning piece, worth noting that @Tesla has a big hole to fill in 2H 2024 to just break even globally with last year - at ~1 million BEVs. With each passing month, 'growth' proves more elusive, which raises the question: will Tesla EV sales fall? https://t.co/opGfrs1inH
$TSLA slipping as usual. https://t.co/8GwnP0DRww
TSLA “.. Tesla’s sales have stalled out in its former home state, dropping 13% in the first half of 2024. .. CQ Cnbc