CleanTechnica•3 days ago
Tesla Registrations Dropped 34.2% in November in European Union
Key Takeaway
A significant sales decline for a major EV OEM like Tesla in a key market signals potential shifts in EV adoption rates, which could indirectly impact long-term electricity demand projections and infrastructure planning for charging.
AI Summary
- •Tesla's European Union registrations dropped 34.2% in November 2024, marking the company's first annual sales decline since the Model S launch.
- •This significant underperformance by a leading EV OEM signals potential shifts in the European EV market's growth trajectory.
- •Developers and IPPs should monitor these trends as they directly influence long-term electricity demand projections, particularly for charging infrastructure and associated grid upgrades.
Topics
oem
Article Content
2024 was the year Tesla’s long-term story changed dramatically. Instead of growing, growing, growing … well, just write that 12 times in total … 2024 was the year Tesla saw an annual sales decline. It was the first time since the Model S was released that Tesla’s sales dropped year ... [continued] The post Tesla Registrations Dropped 34.2% in November in European Union appeared first on CleanTechnica .