- cross-posted to:
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- cross-posted to:
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cross-posted from: https://lemmy.zip/post/12894379
Tesla blames sales drop on Houthi attacks and arson in Germany
The company warned in January that sales growth could be “notably lower” in 2024 as it comes a successful 2023 fueled by price cuts.
It also helps that BYD (Chinese electric car company) is now producing more cars than Tesla.
https://www.cnbc.com/2024/01/02/byd-produced-more-than-3-million-cars-in-2023-set-to-beat-tesla.html
They are also cheaper than Teslas. I think it was ford that dropped the price on their EV and it started selling again. Who knew ppl don’t have premium car money?