34 percent depreciation after one year and 6,000 miles

Multiple signs from the last two quarters indicate that sales of Tesla vehicles are declining more sharply than ever. The company is struggling to sell the Cybertruck in particular, as its perceived value has started to plunge.

In the first quarter of 2025, Tesla saw the biggest sales decline in its history. A January report showed that its year-over-year sales fell by half in Europe overall and by 70% in Germany despite rising sales of other EV brands. In February, sales dropped by 49% in China as the company reported its lowest numbers since 2022. Last month, Chinese EV automaker BYD outsold Tesla in Europe for the first time.

    • normalexit@lemmy.world
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      13 days ago

      The new slate truck looks super cool. I don’t want to support bezos, but a small affordable electric truck is what I personally want.

      I just want something to run to the store with that doesn’t burn gas.

      • NotJohnSmith@feddit.uk
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        13 days ago

        Does that need to be a truck though? I guess in your situation it does but I can’t imagine living so far off road that I need a truck to run to the store.

        I do like the concept of Bezos truck (having always felt EV design should have gone in the direction of small efficient low range cars) but feel it won’t carry anything that a small estate couldn’t.

      • Fair Fairy@thelemmy.club
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        12 days ago

        I doubt Tesla can survive in US alone.
        They need global sales.
        And market is such where Chinese electric cars are much cheaper anywhere where they sell them. Tesla is going to Iose global sales for sure

        • Ledericas@lemm.ee
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          12 days ago

          yea, tesla isnt surviving, which is why musk already moved onto to his new tow, AI.