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Telegraph

Tesla suffers first annual sales drop in a decade amid backlash against Musk

Telegraph
Summary
Nutrition label

74% Informative

US car giant delivered 495,570 electric vehicles in the final three months of 2024 .

It is the first time since 2011 that annual sales have fallen after years of rapid growth.

Drop-off comes after motorists bristled at Mr Musk’s association with the president-elect .

This has coincided with a broader slump in global demand for electric cars fuelled by high costs.