Tesla Sales Nosedive Amid Slowing EV Demand

2025-02-21 10:05:00 ET

Recent sales data shows that Tesla is selling far fewer electric vehicles amidst a nationwide drop in EV demand and CEO Elon Musk’s forays into politics. The Texas-based automaker saw its valuation spike after President Donald Trump was elected, likely due to the president’s seemingly close ties to Musk, but this hasn’t translated into actual sales.

The hammering that the Tesla brand is currently taking could give other EV makers like Life Electric Vehicles Holdings Inc. (OTC: LFEV) a chance to make…

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NOTE TO INVESTORS: The latest news and updates relating to Life Electric Vehicles Holdings Inc. (OTC: LFEV) are available in the company’s newsroom at https://ibn.fm/LFEV

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