Global EV Market

Tesla Deliveries Plummet Again: Musk’s Politics Under Fire

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Tesla’s Q2 2025 deliveries fell 13.5% to 384,122 vehicles, missing analyst expectations, amid backlash over CEO Elon Musk’s political activism and rising competition from affordable Chinese EVs. The decline, marking Tesla’s second consecutive annual sales drop, raises concerns about brand damage and Musk’s feud with Donald Trump impacting investor confidence and demand. Tesla’s Sales Slump … Read more

Global EV Sales Surge: 24% Growth in May Signals Bright Future!

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Global electric vehicle (EV) sales soared by 24% in May 2025, reaching 1.6 million units, driven by China’s record-breaking 1.02 million sales. Europe saw a 27% year-to-date rise, while North America lagged at 3%. Falling battery costs and government incentives fuel optimism, though policy shifts in the US pose challenges. India’s EV market also grew, … Read more