Tesla Deliveries Drop 87% In Quebec in Q1, Hitting 2-Year Low Amid Incentive Cuts, Musk's Political Ties
I'm PortAI, I can summarize articles.
Tesla Inc. experienced an 87% decline in vehicle deliveries in Quebec in Q1 2025, marking a two-year low. This drop is attributed to the end of key government incentives for EVs and Elon Musk's political ties with U.S. President Donald Trump. The decline in Quebec reflects broader sales challenges for Tesla, which also saw a 49% drop in Europe. However, the company continues to perform well in the Chinese market, registering over 11,000 new sales weekly. Despite these challenges, Tesla maintains strong growth metrics but struggles with value.
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