Are the wheels falling off EVs? Tesla and BYD both report a big slowdown in sales

Tesla and BYD, two of the world’s biggest EV producers, have both released sales figures for the first quarter of 2024, with the two companies experiencing a sharp downturn compared to the hugely successful end to the previous year.Tesla has been enjoying quarterly increases in vehicle deliveries since a blip in the second quarter of 2022, but that all changed this month when it announced that its numbers have plummeted from a record high of 484,507 EVs at the

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