More Tesla Owners Are Switching To Cadillac EVs As Elon Musk's EV Giant Faces Turbulent Times
I'm PortAI, I can summarize articles.
Cadillac is seeing a rise in EV adoption among Tesla owners, with 10% of new Cadillac customers switching from Tesla. The Cadillac Lyriq has an 80% conquest rate, and the brand reported a 21% increase in retail sales and a 37% increase in EV sales for Q1 2025. This growth contrasts with declining sales for Tesla in various markets, although Tesla still holds over 43% of the U.S. EV market share. The shift comes amid criticism of Tesla's leadership and as the company prepares for its Robotaxi launch.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Benzinga The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments