S&P Global Mobility (via Automotive News) reports that Tesla EV registrations (a proxy for sales) for April dropped 16% to 39,913 registrations. Meanwhile, General Motors’ (GM) Chevrolet saw a 215% jump in EV registrations to finish in the second spot, with Ford (F) slipping to third place as sales fell 33%.
That is very low.
YoY declines need to hit 60-70% or more. Even they 50% decline in European countries should be higher.
Even by the low standards of American oligarchy, Musk is a terrible individual.