Tesla Loses Steam In Q1 While US EV Sales Climb: The Winners And Losers
1. Tesla's U.S. sales dropped 8.6% year over year in Q1. 2. Elon Musk's political actions led to protests and lower sales. 3. Ford and GM saw significant sales growth, impacting Tesla's dominance. 4. Tesla's market share is now around 3%, down from 5% in 2023. 5. Cox Automotive forecasts volatility in EV sales for 2025.