EV Sales
Elon Musk proposes Cybertruck pivot to autonomous cargo delivery amid sales slump
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During Tesla's January 28, 2026, Q4 2025 earnings call, CEO Elon Musk announced plans to transition Cybertruck production to fully autonomous vehicles for local cargo delivery, addressing a 48% sales drop in 2025, design concerns, and excess inventory.
Tesla's shares fell more than 3.5 percent in early trading on Monday following the Department of Justice's release of files detailing communications between Elon Musk and Jeffrey Epstein. The documents contradict Musk's earlier denials of interest in visiting Epstein's island. Despite some sales upticks in Europe, the company's stock has faced pressure amid ongoing controversies.
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Tesla's vehicle registrations in Europe fell significantly in 2025, even as battery-electric vehicle sales surged across the region. Data from the European Automobile Manufacturers’ Association shows Tesla's market share halving, while competitors like BYD posted massive gains. The contrast highlights intensifying competition in the shifting automotive landscape.
Tesla has delivered 1.64 million vehicles in 2025, a 9% decline from the previous year, allowing Chinese rival BYD to surpass it with 2.26 million sales and claim the title of world's largest electric vehicle maker. The drop stems from backlash over CEO Elon Musk's politics, the expiration of U.S. tax credits, and intensifying global competition. Despite the setback, investors remain optimistic about Tesla's pivot to robotaxis and humanoid robots.
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Tesla's unusual pre-earnings consensus of 422,850 Q4 2025 vehicle deliveries—a 15% drop from 2024 and below Wall Street's 440,000-445,000 forecast—highlights persistent EV headwinds. Added challenges include a post-tax-credit US sales trough, Chinese rivals, and a nearly 30% plunge in European demand linked to CEO Elon Musk's political activities.
Elon Musk recently praised the Cybertruck as Tesla's best vehicle ever on social media, but sales data tells a different story. Reports indicate that fewer than 2.5% of reservations have converted to actual purchases, lagging behind other Tesla models. This disconnect highlights ongoing challenges for the electric truck.
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In 2025, Tesla's Model Y has outsold every other car brand's entire lineup in Norway's history, according to recent registration data. This single model has achieved what no automaker has before in the country. The surge highlights Norway's strong embrace of electric vehicles amid year-end buying rushes.
Tesla faces sharp sales decline in Europe
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