Why Elon Musk is right – once-booming electric car sales are starting to stall

Why Elon Musk is right – once-booming electric car sales are starting to stall

2 weeks ago
Anonymous $6hYC3Wwiad

https://www.theguardian.com/business/2024/apr/26/why-elon-musk-is-right-once-booming-electric-car-sales-are-starting-to-stall

EV sales have plateaued economic headwinds and weaker state subsidies but the glut might just be a temporary rut

Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.