“Vol-Street banks expect Tesla cars sales this year to grow much slower than its leader Ilon Musk predicted, as Donald Trump seeks to abolish the climatic policy of Biden era, which gives preference to electric vehicles.”, – WRITE: epravda.com.ua
Vol-Street banks expect Tesla cars sales this year to grow much slower than its leader Ilon Musk predicted, as Donald Trump seeks to abolish the climatic policy of Biden era, which gives preference to electric vehicles. About it reports The Financial Times. According to FACTSET analysts, Tesla will sell 2.07 million cars this year, which is 16% more than in 2024. It will be a border from last year, when the group reported the first fall since 2011, but it is much below 20-30%, which Musk predicted in October, and below the annual growth rate over the previous two years, which amounted to about 40%. These figures emphasize the challenge Tesla faces Trump’s promise to curtail a policy that stimulated the sales of electric vehicles in the United States, even though the proximity of these two men on the eve of the presidential inauguration led to the fact that the mask was dubbed the “first friend”. The Presidential Decree stated that the White House would consider “eliminating unjust subsidies and other ill -considered market distortions imposed by the government.” Tesla, which reports on the fourth quarter on Wednesday, is particularly affected if Trump cancels a $ 7,500 tax rebate for electric vehicles. Barclays analyst Dan Levy estimated that about two -thirds of Tesla sales in the United States falls on these benefits. Read also: Make Tesla Great Again. Why Ilon Musk campaigns for Trump Advertising: Recall that the American manufacturer of electric vehicles Tesla said on Friday that its sales in China increased by 8.8% to a record level of more than 657,000 cars in 2024, which is a high figure in the competitive market in The year when its annual global deliveries fell for the first time. Last year, Tesla sold 1.79 million electric vehicles, which is less than 2023, as well as lower than the forecast of analysts. The annual sales volume has fallen for the first time in more than a decade, despite the positive dynamics at the end of the year.