Summary

Tesla faces a second consecutive year of sales decline after a 13% drop in Q1 2024 deliveries, the steepest in nearly three years.

CEO Elon Musk’s alignment with Donald Trump and far-right politics has damaged Tesla’s brand, triggering global protests and vandalism.

Analysts attribute the sales slide primarily to reputational harm, compounded by aging models and fierce competition from BYD and others.

Deutsche Bank forecasts a 5% sales dip this year. Musk’s political role has fueled calls for boycotts, with concerns that prolonged involvement could cause lasting brand damage.

  • Serinus@lemmy.world
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    19 hours ago

    There are basically two reasonably priced sedans here, with the Ionic 6 being the other. I guess there’s the Porsche Taycan.

    • Buffalox@lemmy.world
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      18 hours ago

      Oh boy I completely forgot Hyundai and KIA?!
      I’m not so fond of the instrumentation of the Ionic though, it’s too much like Tesla, lacking buttons and relying on using the screen.

    • Serinus@lemmy.world
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      19 hours ago

      I did look at the BYD Han, but besides not being available here, it certainly isn’t cheaper on price.

      Ideally I’d like something that does Vehicle to Home charging through the normal charge port. (Not outlets.)